The government has given seven days to captive coal mines companies to increase the production to over 85 per cent of their targets, an official release said on Monday.
Coal India Chairman Pramod Agrawal has laid the foundation stone of a Rs 285.05-crore first-mile connectivity project, according to a statement by the coal ministry released on Thursday
Prakash Industries quoted a premium of 55.7% for Bhaskarpara mine in Chhattisgarh, the highest bid of the day
State-owned Coal India Ltd (CIL) is committed to achieving a carbon offset of over 60,000 tonnes by the end of this year, according to a statement issued by the coal ministry on Tuesday.
Coal consumption to become even more import driven as domestic production plateaus
Lavasa Corporation bankruptcy proceedings terminated by lenders to Corporate profits to GDP ratio at 10 years high. Top news this morning.
These projects include coal washeries, coal gasification, first-mile connectivity for building coal silos/mechanised loading, offering mines to private firms under mine developer and operator model
The Department of Steel and Mines of Odisha government granted the mining lease of Utkal-E coal block to National Aluminium Company Limited (NALCO) through a notification issued on April 12
The latest amendments come with the Bharatiya Janata Party-led central government opening up key sectors for greater private investment
The ministry said that it has invited comments from the state governments of coal-bearing states and stakeholders/general public on the said proposals
In order to keep the interest of new and small players intact, the coal ministry is offering only small- and medium-sized coal mines in the second round
International Energy Agency's (IEA) India energy outlook said India would need a massive investment of $1.4 trillion if it were to aim for net zero by mid 2060
The mines won't have legacy or legal issues as the Centre is trying to make the process as seamless as possible
Further rounds will continue thereafter: Coal minister
The government mopped up Rs 8,964.75 crore till last month from the auctioned and allotted mines, according to the coal ministry
Here's a selection of Business Standard opinion pieces for the day
The Centre is planning to come out with the proposed mining reforms in a month or so and the auction of mineral blocks will kickstart two to three months after the amendments take place
In an interview with Shreya Jai & Jyoti Mukul, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi argues why coal production cannot be sacrificed at the altar of environment
Govt gets 82 bids in technical round for India's first such auction
States had protested that the Centre was breaching their rights to approve land acquisition for private coal miners