The government said it will auction eight coal blocks with 1,143 million tonnes of reserves to steel and cement firms. The last date for submission of bids will be December 31, coal secretary Anil Swarup said
Tag: Cement
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We have a Certified Supply Chain Specialist Programme
In 2010, when GST was announced, with the promises of a trillion dollars of investments in logistics, we at DHL decided to make our company GST ready. We looked at four key parameters- investment in warehouses, transport, training, and IT.
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Our specialists have developed a deep understanding of the challenges and requirements in each sector
The total lubricant market in India is around 2.2 billion litres. It is a strong market with rising opportunities and ranks third after the United States and China. As per recent reports by Kline, the overall Lubricants industry in India is expected to grow at a CAGR of 2.5 per cent.
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Opening the funds tap
A stronger thrust on PPP projects, greater FDI and steady government support can help Indian Railways, one of the world´s largest rail networks, emerge from the rut.
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India´s infrastructure sector performance improved in FY15
India´s infrastructure performance in 2014-15 was better than the previous fiscal as production of inputs, including power, steel, coal and cement moved up.
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Post-Budget Impact Assessment
Increase in effective rates of additional duty of excise/customs levied on petrol and high speed diesel oil from Rs 2 per litre to Rs 6 per litre.
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Sanghi Industries to invest Rs.250 cr in ports
Cement manufacturer Sanghi Industries has said it will invest Rs 250 crore over the next couple of years for developing waste heat recovery system and facilities at Navlakhi Port in Gujarat.
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Imported coal to play major role
Lesser allocation of mines to steel, cement and captive power plants in the coal blocks auction may increase their dependence on costlier imported fuel, says rating agency ICRA.
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Government plans big push for coastal shipping
The government is mulling over a scheme to promote coastal shipping. According to the proposed plan, a subsidy of Rs 0.5 per tonne per km on bulk cargo, a rebate of Rs 2,000 per container for container cargo and an additional 20 per cent rebate on vessel/cargo-related charges would be offered.
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Govt for e-auction of coal blocks
The government has cleared an ordinance for e-auctioning of coal blocks that enables commercial mining by private companies in future.