Page 7 - Coal Mining

Key takeaways from FM Sitharaman's fourth tranche of the economic stimulus

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

The art of winning trade deals post the pandemic

India can gain global trade share after the pandemic, but only if it acts quickly

How to Make in India 2.0

India will be served well by comprehensive capital and labour reforms but it is important to sift the necessary from the desirable

Govt to do away with mandatory washing of coal for thermal power units

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"

Miners seek tax rationalisation as Covid mutes demand for minerals

The mining sector is rooting for a uniform tax subsuming all levies and capped at 40 per cent

NLC India starts coal production from Odisha mines 4 years after allocation

The two assets, Talabira II and III, will be used to meet the needs of its existing and future coal fired power plants

India aims to be self-sufficient in coal production by 2024: Pralhad Joshi

Joshi said India stood fifth in terms of coal reserves and the Centre was working towards achieving self-sufficiency in coal production

Coal India production not to exceed 640 million in FY20: Official

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

Private sector companies seek 'level playing field' for coal block auction

There are about 80-100 coal blocks which are likely to be auctioned in multiple phases over the next few years

Power producers' coal imports up 17.6% at 52.48 MT in Apr-Dec 2019

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

Relaxing norms for private coal mining unlikely to attract investment

The government would do better to create a market for natural gas

Cabinet relaxes norms to mine, sell coal; entry for foreign players eased

The announcement comes four years after the Centre enabled commercial mining and sale of coal by private companies under the CMSP Act, 2015

Coal Min to set up 'Sustainable Development Cell' to address green concerns

The cell will also formulate the future policy framework for environmental mitigation measures, including the Mine closure Fund.

NLC India to start mining from Talabira-II, III coal blocks in FY21

Adani Enterprises has been chosen the Mine Developer cum Operator (MDO) for the coal blocks

Govt mops up Rs 4,973 cr revenue from auctioned coal mines since FY 2014-15

Of the total revenue garnered till October 31, the maximum of Rs 1,280.58 crore was mopped up in 2018-19.

100% FDI in coal mining will help India to reach 300 MT target: Deloitte

India's move to allow 100 per cent foreign direct investment in coal mining is a "positive move" and a good policy enabler towards the country's long-term ambition of producing 300 million tonnes of steel per annum, a Deloitte official has said. "I think it is a positive move on the part of the government... The global macro-economic environment is softening and it is a step in the right direction," Andrew Swart, Global leader, Mining & Metal, Deloitte, told PTI. In August, the government had allowed 100 per cent foreign investment in coal mining and contract manufacturing. "You get a real opportunity to bring in technical skills in the exploitation of these particular deposits and that's where a lot of international players can add a lot of value to the sector," Swart added. There is an opportunity to partner with some of the global miners specifically in the area of technology transfer, he said and added that this would be an important step in advancing the competitiveness of ...

State govt-run power firms hit by huge cost of transporting their own coal

Freight cost comes to Rs 1000 per tonne; Firms submit plan to offer some coal from their mines in Chhattisgarh to power units in that state

Opening up of commercial coal mining to 100% FDI unlikely to boost sector

Allowing 100% FDI in commercial coal mining doesn't augur well for the sector at a time when global capital is fleeing coal

Coal India output sinks to 6-yr low in September as monsoons flood mines

Shipments dropped 20 per cent to 35.18 million tons, the lowest in five years

Contractor market in coal mining to grow to Rs 60,000 crore by 2030: KPMG

KPMG has also looked at some of the active mining contractors and compared their financial and technical competencies