S N Subrahmanyan, managing director and chief executive officer of L&T, said, these orders are a strong indication of the revival taking place in the mining industry
The government on Friday announced the launch of a website for entities involved in research and development (R&D) in the coal sector. The website, which has been designed and developed by Coal India subsidiary Central Mine Planning and Design Institute, was launched by Coal Secretary Anil Kumar Jain. "The website will help in disseminating and promoting the knowledge and research work in the coal sector," Jain said. The website broadly displays the guidelines for implementing coal research projects with various forms, so that anybody can submit proposals in requisite manner. It also has lists and outcomes of complete projects and ongoing researches to have a transparency and avoid repetitive nature of projects. It also showcases photos, videos and news clippings related to the coal and lignite sector, and various publications are also available on the website. The website also contains identified thrust areas for future coal research keeping in view the future needs of the ...
Coal accounts for almost 50 per cent of the freight of the railways
Coal India is of the view that as foreign companies enter India and start domestic production, it will help in reducing imports.
There is effectively no strict eligibility criterion for participating in the auction. The companies/joint ventures should be registered in India.
Along with protest, the union has decided to submit a memorandum jointly to the Prime Minister through the head of the company/area and also through e-mail
The government plans to auction 50 mines immediately
In a gazette notification on Thursday, the ministry amended the Environment Protection Act to drop mandatorily washing coal for supply to thermal power plants.
100 per cent guarantee coverage will be provided by National Credit Guarantee Trustee Company (NCGTC) for additional funding of up to Rs 3 trillion to eligible MSMEs and interested MUDRA borrowers
In February, JSW Energy said it would acquire GMR's Kamalanga power project (1,050 Mw) in Odisha for Rs 5,321 crore.
Sitharaman said commercial mining will be done on revenue sharing mechanism instead of the regime of fixed rupee/tonne.
March performance is worst in current series
Costs unlikely to fall; does not bode well for earnings
There are about 80-100 coal blocks which are likely to be auctioned in multiple phases over the next few years
Decision to auction coal blocks to commercial miners is overdue
Coal India aspires to produce 660 million tonne of the dry fuel in FY20.
KPMG has also looked at some of the active mining contractors and compared their financial and technical competencies
Power production at the plant has dwindled to 1000 Mw against its capacity of 3000 Mw
The government had recently sold 3.19 per cent stake in Coal India
Experts believe the unrest in Mozambique and elections in Australia and Indonesia could have a negative impact on Indian companies