Page 8 - Coal Mining

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

Unhappy over 100% FDI in coal mining, workers to go on strike on Sept 24

A day's strike can affect Coal India's production in the range of 1.5-2.5 million tonne

Govt may end ban on foreign investment in coal mining; decision likely soon

Other proposals under consideration include raising investment limits in digital media and easing rules for retailers selling a single brand

Govt to scrap prior approval clause in MMDR to speed up coal mining leases

Centre believes the clause results in duplicity and complexity of efforts; even after lease is granted, it takes time for lessee to start actual mining operations

Chhattisgarh's proposed elephant reserve casts shadow on coal mining

As many as seven minor coal deposits were identified in the previous plan of the Lemru Reserve, covering some 450 sq km

How one billionaire kept three nations hooked on coal for decades

The story of Adani and its Australian project illustrates why the world keeps burning coal despite its profound danger

Coal mine auctioning may be restricted to commercial use to boost output

Govt also looking to privatise and split Bharat Coking Coal

Illegal coal mining in Meghalaya: SC directs govt to deposit Rs 100 cr fine

The National Green Tribunal had fined the Meghalaya government on January 4

Open up coal mining

Genuine competition needed on the path to self-sufficiency

One step back for coal mine reform: MDO contracts with state PSUs are back

Four years after the Supreme Court declared them illegal, the MDO model has become the private mining industries' route to cornering a larger piece of the coal mining business again

Commercial mining likely to replace coal import market: Icra report

The recent bidding guidelines forcommercial coal mining is likely to throw open a market for importsubstitution. A report from ICRA says the absence of end-use condition in the guidelinesis a significant positive for commercial miners, who were not eligible toparticipate in the previous coal mine auctions conducted during 2015. "The potential market opportunity forprivate commercial miners would include the partial substitution of India's 160million tonne per annum (mtpa) thermal coal imports, getting a share of the 100mtpa e-auction market, and meeting a part of the 165 mtpa incremental domesticcoal demand to be created in the next five years," said ICRA in its latestreport. The report noted that India's coaldemand-supply balance remains tilted in favour of coal imports as theproduction by Coal India Limited remains short of meeting India's coal demand,especially with respect to coking coal and higher grade thermal coal/washedcoal. As against a compounded annual growth rateof 5.6% .

Is commercial coal mining really transformative?

The government can help by choosing coal blocks that promise scalability, lower risks and short gestation periods

Commercial coal mining: A question of ecosystems

A major impending reform for the sector is fraught with doubts over demand and the robustness of the regulatory environment

Cabinet ends Coal India monopoly, allows commercial mining by private firms

Move will allow both domestic and foreign players to sell the fuel in open market as a commodity, at market-determined prices