By the end of June 2013, the government plans to conduct its first round of auction of coal blocks to companies belonging to sectors other than power, media reports indicate. It is learnt that the union coal ministry may auction 6-7 coal blocks during the first round and it has approached the Ministry of Environment and Forests seeking a feed
Tag: Mineral
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Mcnally Bharat wins contract
McNally Bharat Engineering secured a Rs 277 crore contract for construction of portion of four laning of national highway. The project is to be completed within 22 months.
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Odisha govt seeks status of end-use plants
The mining department of Odisha government asked the developers of Rampia and Mandakini A coal blocks to submit status of the end-use power plants. The above two blocks are allotted to captive miners who are developing power plants. While Rampia coal block is allotted jointly to Sterlite Energy, GMR Energy, ArcellorMittal India, Lanco Group, Navbharat Power and Relia
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Govt offered 17 blocks to PSUs
The government offered 17 coal blocks for allocation to government companies and identified six more explored coal blocks to allocate to private sector through competitive bidding. The government said this in its 'Report to the People' released by Prime Minister Manmohan Singh and Congress President Sonia Gandhi on the fourth anniversary of UPA-II
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CEC rules out export of ore pellet from Karnataka
There is not question of allowing export of iron ore pellets from mines in Karnataka at this stage, the Central Empowered Committee (CEC), appointed by the Supreme Court, said to leaseholders at a meeting. It may be recalled that the apex court directed suspension of iron ore exports from the state in 2011. Further, the panel clarified that miners are not allowed to mine or dump ore in the overlapping areas, between two
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AP govt gets request to transfer lease to Bramhani Steel
Some political parties urge the Andhra Pradesh government to transfer the mining leases alloted to Obulapuram Mining Company (OMC), which is facing charges of illegal mining, in favour of Bramhani Steel. Former Karnataka Minister Gali Janardhana Reddy and his brothers are the promoters of Bramhani Steel. They also own the
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Shah panel to submit report on mining in Odisha
Justice Shah Commission would submit its report on illegal mining in Odisha by July to the Supreme Court. It may be recalled that the commission was set up to study violations in iron ore and manganese mining in India and recommend changes. The panel submitted a similar report on illegal mining in Goa in September 2012 and following this, the apex court bann
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World steel output grows 1.2% in April
Global steel production grew 1.2 per cent in April 2013 to 132.11 million tonne (mn t) compared to 130.50 mn t in the corresponding month of previous year, data from the World Steel Association shows. It is noteworthy that nearly half of the global production has come from China at 65.65 mn t during the month. Steel output in the country grew 6.8 per cent over the same month last year, data the association shows
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IBM chief calls for raising steel output
CS Gundewar, Controller General of Indian Bureau of Mines (IBM) pointed out that India is the fourth largest producer of steel in the world. At present the country is producing 65 million tonne steel, but as per the National Steel Policy of this figure should reach 180 million tonnes by 2020, he said. He said there is an urgent need to increase steel production which would require exploration of unmined iron
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IBM chief calls for raising steel output
CS Gundewar, Controller General of Indian Bureau of Mines (IBM) pointed out that India is the fourth largest producer of steel in the world. At present the country is producing 65 million tonne steel, but as per the National Steel Policy of this figure should reach 180 million tonnes by 2020, he said. He said there is an urgent need to increase steel production which would require exploration of unmined iron