Although not exactly tried and tested, a more definitive Land Acquisition Bill promises to place fewer roadblocks in the way of acquisition, facilitating speedier implementation of infrastructure projects.
Tag: Mining
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CIL to invest Rs 300 bn
Coal India (CIL) plans to invest about Rs 30,000 crore to augment its capacity over the next five years and the funds will be spent on new mining projects, washeries, machinery and equipment.
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Tata Power secures coal for Mundra UMPP
Tata Power has received coal from Arutmin mines, Indonesia, for its 4,000-MW ultra mega power project (UMPP) at Mundra.
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RSMML to foray into CGD
Rajasthan government owned mining company Rajasthan State Mines and Minerals (RSMML) is firming up plans to foray into city gas distribution (CGD) business.
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ZAXIS: Focusing on the future
Telcon has always been at the cutĆĀting edge of technology to provide the latest and most cost-effective soluĆĀtions to the Indian customer.
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Adani plans plant in Bihar
Adani Power (APL) has submitted an Rs 7,000 crore proposal to the Bihar government for setting up a 1320 (610 x2) mw thermal power station.
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CIL to buy up Indonesian co
Coal India is in advanced talks to buy up to 40 per cent stake in Indonesia's Golden Energy Mines in a deal valued at between $750 million and $1 billion.
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ONGC to rethink CBM strategy
ONGC is considering fresh strategies for coal bed methane (CBM) development, nearly two decades after initiating exploration and spending hundreds of crores in largely unsuccessful attempts to bring the assets into production.
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Objecting 26 per cent profit to locals
The coal ministry has objecĆĀted to a proposal to make it mandatory for mining firms to contribute a portion of their profits towards local area develĆĀopment, as it will erode valuaĆĀtion of firms and dampen invesĆĀtor sentiment.
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Locals receive coal blocks
Coal Minister S Jaiswal approved a policy for small and isolated coal blocks that are economically unviable but are enough to feed local demand.