Page 2 - Commercial Coal Mining

Coal shortage deepens in India amid plunging plant inventories

Electricity demand from India's state distribution utilities rose more than 10% in July and 18% in August

Govt revises timeline of second tranche of coal mine auctions

The last date for submission of bids has been extended to July 8, 2021.

CoalMin targets projects worth Rs 41K-crore for asset monetisation

These projects include coal washeries, coal gasification, first-mile connectivity for building coal silos/mechanised loading, offering mines to private firms under mine developer and operator model

India unlikely to accept IEA's call to stop new fossil fuel investments

"We do not think the report by IEA has been vetted by the member countries as a position document", said a senior source in the government

National Aluminium Co gets mining lease for Utkal-E coal block in Odisha

National Aluminium Company Ltd (Nalco) on Friday said it has been granted the mining lease of Utkal-E coal block in Odisha. The lease has been granted by the Department of Steel & Mines, Government of Odisha, through a notification issued on April 12. As per the notification, the mining lease of Utkal-E coal block is over an area of 523.73 hectare, the company said in a filing to BSE. The initial capacity of the block is 2 million tonnes per year with a total mineable reserve of approximately 70 million tonne. Nalco has already executed the mining lease for Utkal-D coal block in March 2021. With the grant of Utkal D & E coal blocks, the total mineable coal reserve of the company will be 175 million tonnes, which will be pivotal in meeting the coal requirement of its captive power plant at Angul, Odisha. Sridhar Patra, CMD of the company said the NALCO team is very optimistic on starting the mining operation from Utkal-D coal block in this financial year. "With the grant of ...

Govt launches auctions for second tranche of commercial coal mining

In the upcoming auction, 67 coal blocks will be offered

Decoded: Why the industry is unhappy with amendments to mining law

The latest amendments come with the Bharatiya Janata Party-led central government opening up key sec­tors for greater private investment

Boost to production and pvt investment as mining reforms get green signal

Centre removes distinction between captive and merchant mines, will amend the Mines and Minerals (Development and Regulation) Act, 1957 to enforce reforms

Coal mining opens doors to pvt players; power distribution fails to reform

The Centre amended the Coal Mines (Special Provisions) Act, 2015, in May to open up auction for non-mining firms; micro, small, and medium enterprises; and foreign companies

Govt re-invites bids for auction of 4 coal blocks for commercial mining

The blocks, which are fully explored, have an annual peak-rated capacity of 52 million tonnes

Best of BS Opinion: Beyond a seat at UN high table, mining watchdog & more

Here's a selection of Business Standard opinion pieces for the day

Mining watchdog

Independent regulator for coal and other minerals is overdue

After commercial auction success, govt plans further mining reforms

Private sector likely to get entry into mineral exploration

We are open to a coal regulator, says Coal Minister Pralhad Joshi

In an interview with Shreya Jai & Jyoti Mukul, Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi argues why coal production cannot be sacrificed at the altar of environment

Coal mine auction: Aurobindo Reality and Infra wins block in Jharkhand

Companies like Adani Power Resources Ltd and Welspun Steel Ltd were also vying for the block

More new players enter commercial coal mining on Day-4 of auction

The two mines on offer today were both picked up by first-time bidders

Commercial mining: Steel cos stay away from bidding in coking coal blocks

No steel company has shown interest in bidding for four coking coal blocks of 38 mines put on auction for commercial mining as they have concerns about fuel quality and high capital cost

40% of India's coal mines on offer find no takers, foreign firms stay away

The world's second largest consumer, importer and producer of coal has offered a range of financial incentives to attract investment and reduce imports

Commercial coal auction: Adani, Hindalco, Essel Mining among bidders

Govt gets 82 bids in technical round for India's first such auction

India invites Australia to participate in commercial coal mining

Union minister Pralhad Joshi on Friday said India has invited Australia to participate in the commercial coal mining and other strategic projects related to mines and minerals. In his meeting with Australian minister for resources Keith Pitt, India's Coal and Mines Minister Joshi deliberated on increasing cooperation in areas of strategic minerals. "Had a virtual meeting with Mr. @keithjpittMP, Minister for Resources, Australia. We discussed enhancing strategic collaboration between organisations of both the countries on coal, critical and strategic minerals and related technologies," Joshi tweeted. "Invited Australia to participate in the ongoing global tender for commercial mining, coal gasification and coal to chemical projects and bring new technologies to these projects," he said in another tweet. Joshi further said that he also held discussions on active cooperation in strategic minerals especially lithium and cobalt for EV mobility. The government has launched the auction .