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early completion of rail proj

early completion of rail proj

Considering that the achievement of target by Coal India (CIL) in 2012-17 depends on the proposed three railway tracks, government plans to expedite the projects. In this regard, the Prime MinisterÂ’s Office urged the Railways to execute them within three years of the necessary clearances being obtained. These railway tracks will facilitate the evacuation of around 100 million tonne every year, starting 2015.

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10% more coal supply in FY13

10% more coal supply in FY13

The Power Ministry expects Coal India and its subsidiaries to supply 347 million tonne (mt) of coal this financial year, compared with 312 mt in 2011-12, a rise of 10.1 per cent

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The Predictability Issue

The Predictability Issue

There are many ways in which private developers and contractors can (and do) jeopardise their own balance sheets. But given that the private sector works on profits and viability, it depends on the government in PPP

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The element of certainty

The element of certainty

The new Mining Bill encourages private players to enter prospecting. However, if the result is zero after the recce, who will compensate them? So far, prospecting in India has been a business of the government, and has been happening at a much slower pace than required,

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Revised proposal for 'no-go' area projects

Revised proposal for 'no-go' area projects

The Coal Ministry has asked states to give fresh proposals to the Environment Ministry for projects stuck in no-go areas. This would help redeem investment amounting to Rs 40,000 crore in key infrastructure projects in power, cement and steel sectors.

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CIL's new pricing method

CIL's new pricing method

A change has been announced by Coal India (CIL) in the pricing method for its non-coking coal, which should help the company improve price realisation per unit and maintain its profitability.