Karnataka now finds itself in the company of other states in the clamp down on mining and ore transport. This means India will soon drop down in its export rankings of ore, adding to the brewing export and currency troubles. A Shivkamal writes that in this delicate environment, further reforms in mining will prove to be difficult to implement, at least in the near future.
Category: Coal & Mining
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McNally Bharat: Celebrating 50 yrs of excellence
McNally Bharat (MBE), one of the leading EPC companies in India, is celebrating its Golden Anniversary in 2011. MBE started operations in a small way in 1961 in Kumardhubi, Dhanbad, where it manufactured equipment for the coal and mining industry.
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Infrascape 2012 | Power: Revised SBDs can address foreign coal uncertainty
This year the power sector has been much in focus for reaÂlising the high GDP growth foreÂcasts in the country. Compared to previous plans, the 11th Five Year Plan, ending this fiscal, is expected to culminate with one of the better performances.
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Show cause notice to 57 mines
The Joda mining circle, unÂder the Orissa state steel and mines department, has sent show cause notices to 57 mines for the irregularities and minÂing rule violations caused by them between 2001 and 2010.
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As economy booms, pressure to cut subsidies will go down
By the end of next year, both projects and financial facilitation for them should reach a stage where it's smooth sailing for infrastructure sectors, if Montek Singh Ahluwalia, Deputy Chairman, Planning Commission of India, has his way.
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MOEF guidelines worrisome for coal sector
A recent notification by the Ministry of Environment and Forests (MOEF) has left the industry especially the coal sector, worried. Under the curÂrent order, if an applicant is not able to get the clearance for using forest land
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No mining should be allowed for trading
The unstoppable and straight-speaking Karnataka Lokayukta (now retired) has done his bit for the sustenance of the legitimate mining industry. While exposing the biggest mining scam to date, his observations on mining policy and practice should perhaps be heard and considered carefully.
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Mining royalty rate hike sought
Orissa Chief Minister, Naveen Patnaik sought a level playing field by urging the centre for an upward revision of mining royalty rates and a ban on ore exports.
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Indonesia to tighten coal export norms
Indonesia has circulated a draft decree seeking comments on imposing a ban on export of coal below 5,100 gross kcal per kg from 2014. Earlier, Jakarta brought in regulations that calÂled for all coal exports
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Coal shortage cuts thermal generation
According to Central Electricity Authority (CEA) the thermal generation in the couÂntry dipped during September and the April-September period. In a report it said, although the coal-based plants achieved a growth rate of 6.46 per cent over the same period last year,