Ad Here  
Naidu will soon build a new Hyderabad ONGC at KG Basin Funding the un-funded A glass full of corruption Align crops to agro climate endowments… Another Indian music maestro at the UN Should we change the official year? Protest masters... Waning interest in public discussions… A welcome initiative by the judiciary More Shakthi to Das’ elbow Wanted: a second airport for Chennai Which side are you, Montek? Vibrant Gujarat Why land prices zoom in TN? Excel Generators provide the vital back-up Delhi is distant… Why this malaise in medical education? S V Raju – a ‘good’ true liberal Bihar – Nitish Kumar adopts the Lalu model Tatas moving out of urea production... TELANGANA at last…BUT Where is Rajaji? When Ratan Tata visited SRM to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Remembering Indira Sivasailam... Banning booze... Editor's Says Put expensive assets created to use... Alexa – Talking Wikipedia Build close rapport with business leaders CRS, a jewel among managers, is no more. Tough task taking states together The Gulf aviation boom WTO Meet: resolved to meet again No Maha Koottani in TN... West Bengal: mindless malignancy When nations steal growth from one another… Computation of GDP – conundrums continue Breaththrough in malaria control PPP mode for upgrading Corporation Hospitals F C Kohli - his concerns all embracing Eternal support for capitalisation of PS banks Whistle-Stop Tour of Raghuram Rajan TIAM turns a full cycle Increasing non co-operation of state leaders IPL - no surprise this scam When TN politicians can emulate Kerala's Insurance companies bleeding, yet no decision on increasing FDI limit! L&T- the specialty of special purpose vehicles Robber barons everywhere Fortune for Indian Airlines He saved millions from starvation... An informal presentation - analytical, forward locking... Land reclamation from sea appears cheaper! Like Hinduism: many paths to reach God... An inexplicable neglect Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated A proud Madrasi IPL type auction for VCs? PC’s preference for professionals Airlines in India: cost and space Scientists urged to take up farmer-oriented research Welcome focus on core competence The brown list of Venkitaramanan Maximising the micro pricing … Contrarian cousins A Grand Finale for SN’s MS centenary at the US… Inflation: are we emulating Argentina and Brazil? TN-leverage strength of BHEL, NLC... Welcome GST Lalu’s envy, India’s pride …and of a popular trade leader Road development slows down Modi storms Silicon Valley IAS invades NDDB... Noble nonagenarians... Delhi Chalo... Revive development banks... Tatas moving out of urea production... Pharma – overdose of copying Making ‘my Amaravati’... Small units prefers to remain small... Readers' Mail Kulandai was a giant Delhi returns to BJP Dr C Rangarajan returns to Chennai CSR and CMI: promise of another Srinivasan Ramanujan... L&T: focus on infrastructure and more infrastructure… New IT products of Ramco in the pipeline… Revving up the manufacturing sector When small is no larger beautiful.. Telangana in top gear… Wise Presidents Godspeed, Chief Minister JJ Parliament in paralysis... Strengthen the base... There was flood of milk. Reason: no milk commissioner! Rahman at CIC Poor representation for Kerala and TN in Cabinet Sri Lanka votes for change S Ramanathan – a versatile musician, musicologist Silver Years of Madras Musings TN accounts for the largest recruits by the IT sector For whom the bell tolls? Focus on quality of power - its only around 170-180V A more liberated TN… Haul over the coal Muffled voices for merit… The Jan Dhan bonanza Bihar elections - the Rajaji formula worked Shipping woes of Chennai companies More heat than light Recognition to role of NBFCs.... Sweeter prospects for sugar Plummeting profits of PSBs The why of tax incentives Tax agriculture Where a state respects its litterateurs… Modi and the lady A think tank for Chennai The ‘Jayanthi Tax.’ Paytm karo... TGS- The king storyteller Boy, can you beat these? Solar thermal shines… The power-full Hindujas B H Kothari - a tribute Medical costs hit the roof... Intellectual of rare qualities Secularism and anti-Hinduism Engineering seats go abegging Building loyalty through the stomach Measuring roof tops in terms of KW/MW The Swadeshi Trump The nuclear option China invests in India Welcome thrust on trade in Modi’s foreign visits... Air Asia India will set new benchmarks for budget travel Marketing expert Balagopal is no more Padma Bhushan for A Ramakrishna Cutting the nose to spite the face Fall in crude prices help in oil sector reform The star of Spencers is no more Tribute Of course, Gujarat is vibrant No mega rail project for Tamil Nadu This scant respect for Law Auto components surge… SoA @ 80 The rise and rise of KCP Multi-faceted Venkat The rise and fall of Annamalai University For whom the MIDS bell tolls? He continues the focus on social amelioration A professional at the helm of IRDA... When online building permits work…. A rich pool of talent not utilised…. Mersal magnified A yen for wastage… Tribute – Manikam Ramaswami Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai The sea- saw battle continues... Convulsions in The Hindu Nuclear power at the nucleus A friendly business group Odisha: spectacular win by Naveen Patnaik Demise of a media baron... Lesson from Chandrababu Naidu Music happens How Air-India loses customs... MHC should not return to its old indisciplined ways Gay abandon in pricing Solar, solar everywhere … Cement prices continue to rise… Online not in line with brick and mortar businesses... Diamond jubilee of Egmore Samskrt School London, London Narayan Tribute – UCAL Selvan… Tihar, Puzhal not different from Parappana Agrahara Shale gas and its shallow future Quality silica from Neyveli Shaming of Tamils by Tamil farmers at Delhi Infrastructure funding – lessons learnt Tribute – M V Murugappan Gas is the way forward A Grand Finale for SN’s MS centenary at the US… Preserving for the future Quality education through the PPP mode EEC at the National Media Centre Don’t seem to feel the pulse… Poor quality of university VCs The few handicaps... Streamlining mandatory third party cover Moily’s bold thrust EVM is tamper-proof All eyes on Sankara Nethralaya Limit foreign borrowings to hi-tech, export potential projects... GM Technology at last! CII projects higher growth… No engine for this car Fuel for thought Cleaning Ganga – relocate tanneries and install electric crematoria When the President was rendered homeless… Five star activism stalls development activity R Sridhar steps down as CEO of Shriram Capital Rs.1600 crore paper board plant of TNPL The ‘Ayyo-yes’ is no more Return to king coal for urea... Liberal imports idling indigenous capacities Colour-Chem’s colourful KRVS Editor's Notes Come elections, come advertisements... Valli, they are more marginalised The balancing act Sweet news for TN sugar mills Not just in-laws (and outlaws); they’ve renowned academics at the helm! Russi Mody – a tribute TN – agglomerate land holdings without alienating ownership Kinetic Karnataka Towards speedy justice Naidu’s return augurs well for Seemandhra Shanti and Sadhana through Music A C Muthiah – his munificent bequeaths to science Kudos to NDTV... The Ports’ Pasha expands into Tamil Nadu Delhi is distant Adapt Vajpayee dinner diplomacy GNS - 100: our first subscriber Welcome changes that testify to Jayalalithaa’s return to health Make standards certification mandatory... Mu Sigma – is no more Polls and promises Adharma of opposition politics An enemy’s enemy is a friend More tributes to GR CIPET hqrs to stay at Guindy – for the present? Permanent secretariat for TN GIM Discoms deserve better… More Shakti to resource mobilisation... Things happen by accident and not by design... Fortune 500 review Roaring Ro-Ro facility Reliance’s TV – 18 ready to launch Tamil News Channel
Return to king coal for urea...
THE SHRIRAM Group with assets under management of Rs 60,000 crore has been predominantly engaged in the financial services sector. Its flagship enterprise, Shriram Transport Finance Company Ltd., is the largest non-banking finance company, engaged in financing vehicles. Shriram City Union Finance is engaged in consumer financing and Shriram Life Insurance and Shriram General Insurance, in collaboration with Sanlam Insurance of South Africa, have been operating profitably.

T Shivaraman, Managing Director, Shriram EPC, pointed to plans to focus on manufacturing activities also. Already the group is involved in the manufacture of composite metals, wind turbines, cements and a range of engineering products. Shivaraman outlined plans to set up a coal-based fertilizer plant at Visakhapatnam. The plant will be based on gasification of imported coal that would be converted into urea.

In the 1960s, the Fertiliser Corporation of India was keen to set up production facilities based on coal gasification. By the end of that decade, FCI firmed up plans to set up three such plants at Ramagundam (AP), Talcher (Orissa) and Korba (then MP). With FCI’s severe financial crunch, the Korba plant was dropped. FCI continued its effort to proceed with the plants at the other two sites. The foundation stone for the Ramagundam plant was laid on 02 October 1970. IE produced a special issue for that occasion. The inadequate funding of this project and indifferent commitment led to both the plants turning sick almost right from inception and were later abandoned. Just think of the difference their success would have made post the 1971 oil crisis!

Shivaraman pointed to a technology for coal gasification well-established. Based on imported coal with low ash content, coal gas can be produced at costs that would be competitive with the price of natural gas and much cheaper than liquid petroleum feedstock, said Shivaraman.

Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236