Coal Block

The Centre has formally allocated a coal block in Jharkhand to NLC India Ltd, the state-owned entity said on Friday. The PSU had emerged as successful bidder for North Dhadu (Western Part) mine in Latehar district of Jharkhand under commercial auctions held in August. "The vesting order (for coal blocks was) issued by Secretary (Coal) to NLC India Ltd in the ceremony conducted on December 14, 2023," NLC India Ltd said in a filing to the BSE. This coal mine has reserves of 434.65 million tonnes and its peak rated capacity is three million tonnes per annum. NLC India is a Navratna company under the coal ministry. The core business of the PSU is mining and power generation.

The bench took note of the submissions of lawyer Prashant Bhushan that the apex court had issued notice on the PIL in April 2019 and after that, it has not been listed for hearing.

The Enforcement Directorate (ED) has attached immovable and movable assets valued at Rs 26.93 crore belonging to EMTA Coal Ltd and its partners and Directors in a coal block case

Anil Kumar Jain says COP26 brings some uncertainty particularly to developing countries, but the silver lining is that the Net-Zero year set by India is 2070, which is 50 years away

The latest notification does not address chronic problems of badly managed and risky disposal of fly ash by polluting units, say environmentalists

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This is an important milestone for the firm as captive coal production can cut aluminium smelting costs by 25%

Once operational, the coal block will save power costs by 10-15%, get company closer to its avowed aluminium Cost of Production of $1,500 per tonne

The announcement comes four years after the Centre enabled commercial mining and sale of coal by private companies under the CMSP Act, 2015

He told the Lok Sabha that a number of important steps have been taken to augment and monitor coal dispatches to power plants

Experts believe the more renewable grows, the more will be the need to put up coal capacity

The coal ministry wants mining to be allowed till river boundaries, leaving just 15 metres of protected area