The minister also pulled up SAIL for inability to ramp up

capacity and thereby failing to meet the demands from major customers terming it "unacceptable", the sources said.

Also, he warned RINL for not utilising their full capacities.

On ICVL (International Coal Ventures Ltd), Singh directed that no more time should be wasted in operationalising the coal assets including Mozambique mines that has not yet begun production.

ICVL is a join venture formed by five PSUs including SAIL, RINL and NMDC to scout assets abroad for securing raw material.

The minister also expressed unhappiness over delays in operationlising SAIL-ArcelorMittal joint venture besides delays in steel processing units saying henceforth complacency would not be tolerated.

On NMDC, he said the ministry was inundated with complaints about "differential iron ore pricing" and should be resolved soon.

He directed NMDC to develop more resources for a secure future.

NMDC is the country's top iron ore miner.

Also, the minister made it clear that performance of all PSUs will be assessed on monthly basis and no official will be allowed to sit over files keeping things pending.

Apart from the CMDs, Directors and CEOs from PSUs, those who attended the meeting held on Friday included key officials, include Steel Secretary Aruna Sharma and Additional Secretary and Financial Advisor, Steel Saraswati Prasad.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)