Coal India asserts monopoly as mine-bearing states protest coal auction
There is effectively no strict eligibility criterion for participating in the auction. The companies/joint ventures should be registered in India.
Coal India accounts for over 80 per cent of domestic fuel output
With the start of some economic activity and a slight pickup in power demand, some increase was expected in the company's coal volumes in May
The PSU removed 114.43 million cubic metres of overburden in its open cast mines in April 2020, as compared to 104.22 million cubic metres a year ago, registering an increase of 9.7 per cent
The government plans to auction 50 mines immediately
The government will put up six more airports for auction and "ease" restrictions on Indian air space, says Nirmala Sitharaman.
The eight sectors in which reforms are to be introduced are coal, minerals, defence production, aviation, power discoms in UTs, space technology and atomic energy
India can gain global trade share after the pandemic, but only if it acts quickly
India will be served well by comprehensive capital and labour reforms but it is important to sift the necessary from the desirable
The environment ministry now in its latest note has said, "In the overall scheme of coal, mine, washery and power plant, the extent of ash content in mined coal remains the same"
The mining sector is rooting for a uniform tax subsuming all levies and capped at 40 per cent
The two assets, Talabira II and III, will be used to meet the needs of its existing and future coal fired power plants
Joshi said India stood fifth in terms of coal reserves and the Centre was working towards achieving self-sufficiency in coal production
The state-run miner had a target to produce 660 million tonnes of coal in 2019-20 as against 607 million tonnes produced in the last fiscal
There are about 80-100 coal blocks which are likely to be auctioned in multiple phases over the next few years
Adani Power's Mundra plant alone imported 12.83 million tonnes of coal during the first nine month of this fiscal, a growth of 45.7 per cent over 8.81 million tonnes in the same period a year ago
The government would do better to create a market for natural gas
The announcement comes four years after the Centre enabled commercial mining and sale of coal by private companies under the CMSP Act, 2015
The cell will also formulate the future policy framework for environmental mitigation measures, including the Mine closure Fund.