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The Mining Boom

India's increasing coal projects drive a surge in mining equipment demand!

Geology and Reserves of Indian Coal

India ranks second amongst the coal producing countries of the world in terms of annual coal production. However, in respect of coal resources, it is endowed with less than 1 per cent of world coal resources.

41 coal mines on offer for commercial coal mining

Prime Minister Narendra Modi launched the auction process of 41 coal blocks for commercial mining, through video conference. The Coal Ministry in association with FICCI launched the process for auction of these coal mines. A two stage electronic auction process is being adopted for allocation of the coal mines.

Towards better Mining

The measures announced by the government for mining industry are expected to have a positive impact in the coming years.

41 coal mines on offer for commercial coal mining

Prime Minister Narendra Modi launched the auction process of 41 coal blocks for commercial mining, through video conference.

Govt to auction 27 coal mines

The Ministry of Coal has begun the process of auction of 27 coal mines and allotment of 15 blocks to public sector undertakings.

Privatisation of coal mining

India's coal demand-supply balance still remains tilted in favour of coal imports as the state-run miners, Coal India and the Singareni Collieries Company have been unable to entirely meet India's coal demand, especially for higher grade thermal coal/washed coal and coking coal.

Indian Mining Poised to Boom

Proving its Mettle

Mala Kumar Engineers is a mining star with a fleet of crawler excavators and rock breaker from Volvo CE. A Delhi-based contract mining services provider, Mala Kumar Engineers Pvt Ltd (MKEPL)

A Healthy Outlook

Increasing investments and cargo traffic point to a healthy outlook for India?s ports sector. Cargo traffic, which was 976 million metric tonne (mmt) in 2012, is expected to reach 1,758 mmt by 2017.

Mining Growth

India is on track to overtake the US as the second-largest coal consumer after China this decade. India wants to more than double coal output to 1.5 billion tonne by 2020. The central government has already taken specific actions including e-auctions of coal blocks; 28 blocks are already allocated and more blocks to be e-auctioned soon.

Mining as a Demand Puller

India is well endowed in terms of most minerals and the country?s mining sector has great potential. While demand for commodities has been strong, supply has been constrained. This has resulted in increased import.