The government is set to undertake the restructuring of Coal India (CIL), by creating multiple mega coal companies in line with the recommendations of a government-commissioned study by global consulting firm Deloitte.
Tag: production
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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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Exploitation of CBM
The Minister of State (I/C) in the Ministry of Petroleum & Natural Gas, Dharmendra Pradhan said that in the Budget 2014-15 it is proposed to accelerate production and exploitation of coal bed methane (CBM) reserves.
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Target set for captive coal mining production
Coal Ministry has set a captive coal production target of 68-million tonne during 2014-15 from all blocks allocated to various companies for own fuel use
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Govt eases green clearance norms
The environment ministry has eased the clearance process for coal mines planning to increase production from existing mine lease area.
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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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Industrial growth stagnating: RBI
The Macroeconomic and Monetary Developments 2014-15 update is released by Reserve Bank of India along with its first bi-monthly monetary policy statement for 2014-15. As per the macroeconomic update, the industrial growth is stagnating. The Index of Industrial Production (IIP) showed no increase during April-January 2013-14, compared with 1.0 per cent growth in the corresponding period of the previous year. This stagnation in growth over two years reflects subdued investment and consumption dema
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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
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Rupee weakness to have minimal impact on Hindalco
Kumar Mangalam Birla, Chairman of Hindalco Industries said the impact of rupee depreciation on the company's balance sheet would be minimal as it does not have much of foreign currency loan. Addressing shareholders at the companyÂ’s 54th annual general meeting, Birla said the firm has a foreign loan of only $100 million and so the impact of rupee deva