South Eastern Coalfields Ltd (SECL) is aiming to scale up the capacity of its Gevra mine to 70 MTPA to make it the world’s largest coal producing site by the end of ongoing fiscal, company’s CMD Prem Sagar Mishra said. Located at Korba, about 193 kilometer from Raipur, the capital of Chhattisgarh, SECL’s Gevra mine […]
Category: Coal
Plan for one of world’s biggest coal mines challenged in India
Coal India Ltd. is holding talks with residents opposed to a mine expansion that would create one of the world’s largest operations producing the fuel. Protests against plans for the Gevra site in the eastern province of Chhattisgarh threaten to complicate the company’s ability to win approvals to expand annual capacity to 70 million tons. […]
Coal Ministry issues vesting orders for 22 mines
The Ministry of Coal on Thursday issued vesting orders for 22 auctioned coal blocks, which are expected to attract a capital investment of Rs 7,929 crore. The mines are also expected to generate annual revenue of Rs 9,831 crore and generate around 71,467 direct and indirect job opportunities, the ministry said in a statement. Additional […]
Exploration of coal and lignite scheme extended
The Cabinet Committee on Economic Affairs (CCEA) has approved the continuation of “Exploration of Coal and Lignite Scheme” that entails an estimated expenditure of ₹2,980 crore. The time period for the extension is from 2021-22 to 2025-26 co-terminus with the 15th Finance Commission cycle, a statement from the government said. Under the scheme, exploration for […]
Just days after Odisha’s killer crash, rail mishap narrowly averted in Bengal
Coming merely days after the deadly Odisha crash, a case of a close shave has underlined the recurring risk associated with railway operations in India. According to reports, the Delhi-Bhubaneswar Rajdhani Express had a narrow escape on June 6 when it almost crashed into a tractor carrying barrels of diesel. The case was reported from […]
Exploration of coal and lignite scheme extended
The Cabinet Committee on Economic Affairs (CCEA) has approved the continuation of “Exploration of Coal and Lignite Scheme” that entails an estimated expenditure of ₹2,980 crore. The time period for the extension is from 2021-22 to 2025-26 co-terminus with the 15th Finance Commission cycle, a statement from the government said. Under the scheme, exploration for […]
Reforms in coal, mines sector led to increased revenues, production: Minister Pralhad Joshi
State revenues have improved and production of coal and other minerals increased significantly on the back of reforms taken by the government in the coal and mining sectors, Union minister Pralhad Joshi said on Wednesday. The minister made the remarks at a conference on ‘Achievements of Coal and Mines Ministry’ in the national capital. “In […]
Cabinet approves Rs 2,980 crore for Exploration of Coal and Lignite scheme
The government on Wednesday approved the continuation of the central sector plan ‘Exploration of Coal and Lignite scheme’ with an estimated expenditure of Rs 2,980 crore. The time period for the extension is from 2021-22 to 2025-26 co-terminus with the 15th Finance Commission cycle, the Cabinet Committee on Economic Affairs (CCEA) said in a statement. […]
India will not face any shortage of coal this year: Coal Minister Pralhad Joshi
India will not face any shortage of coal this year even during the monsoon, Coal and Mines Minister Pralhad Joshi said on Tuesday. No matter what is the demand this year, the government is prepared to meet the same, the minister said at a conference on underground coal mining. “I assure the country on behalf […]
State-owned coal firms taking various measures to make mining sustainable: Minister Pralhad Joshi
From planting saplings to development of eco-parks, state-owned coal companies are taking various measures to reclaim abandoned mines, infusing multi-core investments, coal and mines minister Pralhad Joshi said. Other initiatives of the ministry include adoption of modern technologies like gasification of coal, installation of renewable energy projects, conservation of water bodies etc, the minister told […]
Hat Trick! Coal India OFS oversubscribed yet again, govt may get over Rs 4,100 crore
MUMBAI – The government’s offer for sale (OFS) in Coal India Ltd sailed through successfully following strong response from both institutional and retail investors. The portion reserved for institutional investors was subscribed 345% on Thursday and over 277% on Friday. The OFS, which opened for retail investors on Friday, was fully subscribed with the government […]
India’s coal production grows 7.10 pc to 76.26 million tonne in May
Domestic coal production was 7.10 per cent higher year-on-year at 76.26 million tonne (MT) in May. India had produced 71.21 MT coal during the same month in 2022, the coal ministry said in a statement. “Ministry of Coal has achieved a remarkable feat with a substantial surge in overall coal production during May 23, reaching […]