The power and coal sectors will shortly issue orders worth over Rs 1 lakh crore for various projects, including four new giant power projects, according to Piyush Goyal, Union Minister of Coal, Power and Renewable Energy.
Category: Coal & Mining
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Coal Ministry to settle project related issues
The Coal Ministry has informed the PMO that it is making all efforts to resolve the issues related to various mining projects at the Central as well as State level. The Ministry said it has also set up a portal on the lines of Project Monitoring Group to monitor the progress of mines.
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Goa notifies mining rules, clears 85 leases
Days after revoking the earlier suspension of mining operations, the government of Goa has opened the minerals exploration sector, clearing 85 licences, including the ones of Sesa Sterlite.
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Coal Ministry taking steps to boost coal supplies
The Coal Ministry has said it is working in tandem with the Railway Ministry for expeditious laying of three critical rail lines in three States to transport the dry fuel.
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Coal import bill continues to rise
India´s coal import bill surged 42 per cent to Rs 11,441 crore in November 2014 despite a 16 per cent increase in Coal India´s production, highlighting the rapidly widening demand-supply gap for the fuel in the country.
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India is not short of coal
My initial focus is totally on the follow-up on the Supreme Court decision. The SC had cancelled the 204 blocks and we are now attempting through a legislation to see that at least in those 42 blocks where the SC had given time till 31st March, we have somebody in position to take over those mines.
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Coal e-auctions likely by February
The Coal Ministry has issued draft guidelines for reallocation of coal mines cancelled by the SC, marking the duties of the authorities appointed to operate the ordinance issued. The Centre plans to conduct a two-stage auction under the Coal Mines Special Provisions Ordinance.
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Global Expertise
Lafarge India has announced that Jean-Carlos Angulo, Executive Vice President Lafarge Group, has replaced Uday Khanna as Non-Executive Chairman of Lafarge India.
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Allocation of coal block likely in Dec
The allocation of coal blocks through e-auction is likely to take place in December as the Ministry of Coal has started preparing for the auction.
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Govt to introduce coal regulator Bill
The government would introduce a Bill in Parliament for setting up an independent watchdog for the coal sector and likely task it with determining a mechanism to price the fuel