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The PPP-EPC Cycle

The PPP-EPC Cycle

Periodically alternating between promoting PPP-led projects and more controlled EPC may circumvent investor interest uncertainty.

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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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Cabinet approves new Mining Bill

Cabinet approves new Mining Bill

The Union Cabinet approved the Mines and Mineral Development and Regulation (MMDR) Bill, 2011. The Bill aimed at curbing illegal mining and bringing more transparency in the allocation of licences for mining.The Bill has provisions for 26 percent profit sharing by coal miners and an amount equivalent to royalty by non-coal miners with project affected people.

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Push comes to shovel

Push comes to shovel

In an environment of slowing economy with threats of a double-dip looming larger than ever, the industry has been hoping for some time for some good news from the government. That wait for mining companies just got longer.

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The L-Factor

The L-Factor

It is as though news of the slow growth of 7.7 per cent-the slowest in six quarters-as reported for the quarter ending June, as against a healthy 8.8 per cent in the same period last year, was anticipated with resignation.

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26 per cent profit sharing by coal cos

26 per cent profit sharing by coal cos

A 10-member Group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee cleared a proposal in the new mining bill that mandates sharing of 26 per cent profit by coal mining companies with the local population.

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26 per cent profit sharing by coal cos

26 per cent profit sharing by coal cos

A 10-member Group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee cleared a proposal in the new mining bill that mandates sharing of 26 per cent profit by coal mining companies with the local population.

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The Eighth Commandment

The Eighth Commandment

When our November 2010 issue was under construction, the Mining Bill was not exactly the talk of Infrastructure Town, but as we discovered, the divide between the Bill's provisions and industry demands was so sharp that the Bill was in peril of falling into that deep chasm and disappear forever.

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