The country’s largest iron ore producing company, the National Mineral Development Corp. (NMDC) Ltd signed a memorandum of understanding (MoU) with the Mineral Exploration Corp. Ltd (MECL) to collaborate and conduct exploration in mutually agreed projects for iron ore, gold, coal, diamond and other minerals across various states.
Category: Coal & Mining
Post
Post
New mining reforms to be announced shortly: Coal Secretary
Secretary, Ministry of Coal, Anil Kumar Jain has indicated that as per the discussion report and recommendations made by a high-level committee, the ministry was likely to announce new mining reforms in the next few weeks.
Post
States to garner Rs 66.56 bn in revenue from first commercial coal mine auction: Joshi
Union Minister of Coal, Mines and Parliamentary Affairs, Pralhad Joshi has said states will garner a total revenue of Rs 66.56 bn annually from the success of the nation’s first-ever commercial mining auction.
Post
Coal import bill down Rs 1 trillion in four years
Due to a steady domestic production and improved quality control, India saved over Rs 1 trillion in coal import bill over the last four years.
Post
12 per cent more coal supplied by Coal India
Coal India supplied 21 million tonne of additional coal to the power sector during April-August 2018 as compared to the previous corresponding period.
Post
Coal shortage at MetturÂ’s 600 MW unit
One of the thermal units at Mettur generating 600 MW has been shutdown as the coal scheduled to arrive from West Bengal and Odisha has been delayed due to the floods in the mines.
Post
Odisha commissions largest coal gasification plant
A basic oxygen furnace as well as other facilities at the integrated steel plant of Jindal Steel and Power were inaugurated by Union Steel Minister, Chaudhary Birender Singh and Union Petroleum Minister, Dharmendra Pradhan.
Post
The Right Investment
India is in the news for 'change'. From the days of slow economy to rapid change in economic reforms and a growth story rewritten, the nation is making waves in the global arena.
Post
COMMERCIAL COAL MINING Necessary Certainly, But is it Timely?
Coal mining activities by definition are commercial, but in India this has come to define the right of a coal miner to sell the products in open market.
Post
India cancels 13.7GW of coal fired power proposals in May
The cancellation of 13.7GW of Indian coal power projects in May 2017, coupled with a record low solar tariff of Rs 2.44 /Unit (0.038USD/kWh), are the strongest indications yet that an energy transformation in India is gaining rapid momentum and global capital markets endorsement.