Coal India Ltd (CIL) produced 37.5 million tonne of coal in April, as against the target of 37.6 mt. The company's offtake was 40.54 mt during the month, against a target of 45.17 mt.
Tag: Coal
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MoEF defers decision regarding Rajgammar UG coal block
The environment ministry has deferred a decision on granting clearance to underground coal mining project of Monnet Ispat & Energy Ltd in the state of Chhattisgarh. The said company is seeking environment clearance for Rajgammar underground coal mine project located in Korba district of Chhattisgarh.
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Transparent moves
In a bid to try and get to the root cause of the delays that were stalling the implementation of projects in the country, the Project Monitoring Group (PMG) under its Chairman Anil Swarup has initiated a process to digitise the whole procedure through which clearances happen. "Our job at the PMG will get reduced as then we will know why the delays are happening and the clogging will not happen.
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GVK to exit Punjab power plant
GVK Power & Infrastructure is planning to sell its under construction 540 MW Goindwal Sahib power plant in Punjab to NTPC. The project expected to be commissioned in the first quarter of 2014-15, has a 25 year power purchase agreement with the Punjab State Power Commission.
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Reliance’s Butibori plant now fully operational
Reliance Power said its 600 MW coal-based power plant at Butibori in Maharashtra is fully operational. Butibori Power Project is being developed by Vidarbha Industries Power (VIPL), a subsidiary of Reliance Power.
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Bailout or sell-out
The dance of democracy will unfold soon, as the poll dates have been announced. While the political fraternity gets down to the poll mathematics, the entire nation awaits the results with a hope of a stable government that can push growth volumes.
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Panel to review on coal linkages
An inter-ministerial panel will meet on 19 February to review the status of existing coal supply arrangements to the power and other sectors. The Cabinet Committee on Investment had earlier said timelines for signing fuel supply pacts for power projects of 78,000 MW capacity should be met.
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Healthy berths
Major ports in India are endeavouring towards implementing the Environmental Management System so as to streamline their policies to enhance its overall development. Today, a majority of private players enable seamless movement of cargo from ports to and from CFSs to various first and last mile destinations within the country.
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We expect a positive trend in mining
Sadbhav has performed exceptionally well in mining sector and performed beyond its set targets so far. We are positively expecting this trend to continue in coming years. I see tremendous potential in the segment
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Relax ECB norms for infra NBFCs
2013 has been a bad year for infrastructure sector. Certain sectors like roads & highways have been hit hard in particular. Though power sector has been growing, it must be kept in mind that while coal continues to account for almost 60 per cent of power production in India