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 MinisterĆās 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.
Tag: Coal India
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CIL arm calls for new pricing regime
Coal India (CIL) subsidiary Western Coalfields argues that its proposed 25 new projects with a capital investment of about Rs 4,000 crore would not be viable unles
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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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CIL to up output
Coal India (CIL) plans to increase its growth in production to 6.5 per cent from the current level of 5.2 in order to attain the output target of 468 million tonne for 2012-13.
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CIL to up output
Coal India (CIL) plans to increase its growth in production to 6.5 per cent from the current level of 5.2 in order to attain the output target of 468 million tonne for 2012-13.
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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 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
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
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.
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On the foothills of an uncertain year
One of the key challenges in infrastructure is facilitating the flow of projected but large amounts of capital into infrastructure. Current trends indicate that there might be a funding shortfall of over $300 billion,