South Africa’s new policy on coal and coal mining will call for value addition from players, and companies that will set up coal beneficiation facilities or power plants will have better chances of securing coal.
Category: Coal & Mining
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Coal rush in Mongolia
A dozen bidders including ArcelorMittal and Vale of Brazil are vying for the Tavan Tolgoi coking coal project to develop the world’s largest untapped coking coal deposit in Mongolia.
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RPower wants joint coal mining with NTPC
Jharkhand Integrated PowÂer, of Anil Ambani’s ReliaÂnce group, has proposed to join hands with NTPC in mining coal from mines in Jharkhand that have been given to the entities to fuel their upcoming power projects.
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$750 mn will help Lanco acquire Australian coal
Lanco Infratech will acquire Australia based Griffin Coal Mining and Carpenter Mine Management (Griffin Coal).
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Projects without coal linkages
NTPC has been granted environment clearance for setting up three coal-based power plants, even before the source of coal has been determined.
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Draft mining bill gets GoM nod
In November, our cover story debated the draft Mines and Minerals (Development and Regulation) Act, 2010 that will provide 26 per cent of company profit to the locals.
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Govt proposes Coal Regulatory Authority
The Government proposes to establish a Coal Regulatory Authority to regulate and conserve resources in the sector, protect the interests of consumers and producers of coal.