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


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