Page 5 - Coal Mining

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

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