Coal prices in 2016 have regained their footing above the psychological threshold of $50, leaving the oil industry wondering when crude prices will return to form.
Consequent upon Civil Nuclear Cooperation, the Department of Atomic Energy (DAE) has been importing Uranium Ore
The contribution of Coal was the highest at Rs. 7423 crore (39%). Next in the order of importance were: Petroleum (crude) Rs. 5595 crore, Natural gas (utilized) Rs. 2122 crore, Iron ore Rs. 1968 crore, Limestone Rs. 545 crore and Lignite Rs.406 crore. These six minerals together contributed about 96% of the total value of mineral production in May 2016.
The National Thermal Power Corporation (NTPC) has achieved savings of approximately Rs
550 crore per
Coal India Ltd (CIL) has cleared the proposal of buyback of equity shares following a marathon board meeting on Monday.
“I am making this as a rule…whatever water comes out, they (coal companies) will have to process it and give it out to the local areas for agricultural use or even for drinking purposes. The processing of water is being done even now but I am not satisfied with the way and to the extent the processing is being done…so have asked all coal companies to process water to the extent that it can even be used for drinking purposes,” the minister said.
The minister said two new mobile apps on the coal and mining sectors will also be looked at to provide information in a transparent manner as also to impart accountability to the system comprising of companies and the central and state governments.
Sources said Goyal’s mandate as the mines minister is in line with Prime Minister Narendra Modi’s vision to make India emerge as a major mineral producer.
The state-owned behemoth Coal India, has achieved production of 42.72 million tonnes in June as against a target of 43.31 MT for the month
Coal India Ltd (CIL) on Wednesday said it has signed two agreements with Solar Energy Corporation of India (SECI) for