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Coal production rises by 9% in December 2022 to 82.87 MT
India's coal production increased by 9.2 per cent to 82.87 million tonne in December 2022 from 75.87 million tonne recorded during November 2022.
Commercial coal mining can reduce coal import: CRISIL
The government’s move to open up commercial coal mining can halve the annual expenditure incurred on importing non-coking coal.
Mining Gains
The recent policy initiatives by the Central Government are expected to boost the mining activities in the country, providing new opportunities to private and global miners, and equipment and technology providers.
Mining Needs a Leg-up
For India to achieve its full potential in the mining sector, policymakers need to give a leg-up in lifting the mining sector on a high growth path. Jayanta Roy elaborates on the mining industry scenario in India.
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.
Think big
The latest bout of infrastructure booster to road construction push includes the Bharatmala Pariyojana with a Rs 5.35 trillion investment to construct 34,800 km of roads.
Revival on Cards?
India is witnessing an improved growth trend in coal mining, as Coal India Ltd (CIL) is aiming an output of one billion tonne by 2020. CIL has earmarked a capital investment of Rs 57,000 crore, as part of the road map for one billion tonne target, with a planned capex of Rs 8,500 crore in 2017-18.
BEML bestowed with Raksha Mantri Award
BEML Ltd has received the ?Raksha Mantri?s Award for Excellence? under the Group Award category for Design and Development of 180 tonne class electric hydraulic excavator BE1800E.
Indo-German trade volume grew 13.5 per cent during first half of 2015
German companies in India are looking forward to the implementation of GST in 2016 which would help in the ease of doing business here, says Rajesh Nath, Managing Director, VDMA India.
Projects to Augment Coal Production
Piyush Goyal, Minister of state for Power, Coal & New and Renewable Energy stated that the 7 subsidiary coal companies of Coal India (CIL) and Singareni Collieries Company (SCCL) will be taking up projects to augment the coal production.