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.
Tag: Mines
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Process reengineering transforms business
Montecarlo Construction Limited, a major Indian large-scale construction firm, found growth impeded by legacy software. The firm deployed an SAP® Business All-in-One solution for the engineering, construction, and operations industry, reengineering its business processes.
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NLC to acquire multiple power projects
Neyveli Lignite Corporation (NLC) is examining a number of power projects on offer to scale up its generating capacity rapidly. B Surender Mohan, Chairman and Managing Director, NLC, said it is examining nine projects, where the promoters have showed interest in letting NLC acquire the projects.
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Biggest underground mine to open
India´s second-largest coal producer Singareni Collieries will open the country´s biggest underground mine this month with a capacity of 2.8 million tonne per year, which should help the firm edge past its output target for this fiscal year.
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Rail links for coal come up
Three crucial rail link projects that will help evacuate and deliver over 200 million tonne of coal from mines in Jharkhand, Chhattisgarh and Odisha are likely to be completed by December 2016, according to PMG Chairman Anil Swarup
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Rail links for coal come up
Three crucial rail link projects that will help evacuate and deliver over 200 million tonne of coal from mines in Jharkhand, Chhattisgarh and Odisha are likely to be completed by December 2016, according to PMG Chairman Anil Swarup
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Rail links for coal come up
Three crucial rail link projects that will help evacuate and deliver over 200 million tonne of coal from mines in Jharkhand, Chhattisgarh and Odisha are likely to be completed by December 2016, according to PMG Chairman Anil Swarup
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A Partner In Progress
If one was to think of the three most pressing problems and areas where solutions are needed, one could sum them up as IIM: Inflation, Infrastructure, Manufacturing. To hit the ground running you need to steer around areas which need tweaking.
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Waiting in the wings
There is a perennial need for regulatory and institutional changes to keep in step with the social and infrastructural development. It often seems that the law is playing catch up with situations that evolve and many a times it is possible to trace in new or amended legislation the exact gap or mischief it is trying to plug.
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SAIL to raise operational efficiency, save cost
Steel Authority of India (SAIL) would adopt several steps to increase operational efficiency and thereby save Rs 5,000 crore in cost over the next three years. The state-run steel maker said in a statement after a ‘Strategic Confluence on Cost Control and Cost Competitiveness’ at its Management Training Institute in Ranc