An analysis of the recently passed Mines and Minerals Amendment bill
FlashNews:
Shell plans to acquire 100% stake in Actis for over $1 billion
Why Green means Money
ReNew signs five PPAs to supply 1,500 MW power from solar plants
DLI to offer logistics services at Integrated Logistics Park in Anekal
Mumbai-Ahmedabad Bullet Train project picks ups pace
Scatec ASA aims hydropower assets in India
BSUL invites proposals for solar projects in Jalaun Park
Essar Ports Vizag Terminal held largest dry bulk vessel
Pralhad Joshi: thermal power plants hold 22 MT coal, enough for ten days
Coal demand expects to grow in India: Coal Ministry
Chhattisgarh Govt grants Parsa East & Kente Basan license to mine coal
AAI: Indigo uses new satellite-based tech to land passenger aircraft
Aviation Ministry expects 100 mn passengers traffic this year
Atal Tunnel wins ‘Best Infrastructure Project’ award in New Delhi
NABARD approves five road projects for Sirmaur district
Gadkari lays foundation for 17 highway, CRIF projects in Telangana
RLDA to redevelop Delhi’s 2 stations into world-class rly station
States, UTs surpass 2022 renewable energy goal of 175 MW
E-NEXCO India rolls out E-NEXCO Eye for road network survey
Tag: NMDC
Do or Divest!
With a disinvestment target of raising Rs.72,000 crore this fiscal, the government is all set to rule Dalal Street with Rs.18,000 crore worth of Initial Public Offerings (IPOs).
Open Sesame!
Public Sector Units (PSUs) will be pushing the growth engine of the country, be it through almost 18 lakh acres of land reserves with these companies or the cash reserves of almost Rs 2,00,230 crore kept as bank deposits by these enterprises.
Infrastructure creation for 4 mega steel plants
Creation of basic infrastructure for four mega steel plants, estimated to cost $40 billion, has been put on the fast track with SAIL and RINL
Finance Ministry looks to divest stakes in 7 PSUs
The finance ministry is working on a road map to divest stake in seven big state-run companies, which include Coal India, SAIL, MMTC, NMDC, NHPC and Nalco.
ICVL eyes 100% stake in Mozambique coking coal mine
International Coal Ventures Ltd (ICVL), a joint venture set-up between state-owned companies to buy coal mines abroad, is inching closer to bid for acquiring 100 per cent stake in a major coking coal property in Mozambique.
Steel Ministry’s PSUs to invest Rs 15,000 cr on expansion
To modernise their set up and expand their operations, metal and mining PSUs-SAIL, NMDC and RINL plan to invest nearly Rs 15,000 crore next fiscal. Steel Authority of India (SAIL) will spend Rs 9,000 crore next fiscal, followed by iron ore miner NMDC Rs 4,345 crore and Rashtriya Ispat Nigam (RINL) Rs 1,600 crore to expand and modernise their operations.
Sales of NMDC up by 8% in April-September
In the first half year of this fiscal ended September 30, 2013, NMDC, the country's largest iron ore mining company, has reported a 8 per cent rise in sales of iron ore. The company has said it sold 13.75 million tonne of iron ore between April-September 2013, up from 12.72 million tonne in the same period last year.
NMDC holds ore prices amidst slack demand
National Mineral Development Corporation (NMDC) decided not to raise the price of iron ore lumps and fines for September considering slackness in demand. Thus, the firm would continue to sell at the current price of Rs 4,200 a tonne of iron ore lump and Rs 2,510 per tonne of fines
NMDC power plant
Government-owned National Mineral Development Corporation (NMDC) will set up a 500 MW power plant in Turkadih, Gonda district of Uttar Pradesh in partnership with IL&FS Energy Development Company (IEDCL).