Embarking upon an accelerated afforestation drive, state-owned NTPC Ltd announced planting 10 million trees during 2016-17 along with the State Forest Departments of Madhya Pradesh, Bihar, Assam, Karnataka, Andhra Pradesh, Telengana and Maharashtra.
Cutting down on India’s coal imports thereby savings billions of dollars of forex outgo every year, state-owned Coal India has sufficiently ramped up coal production and is currently sitting in a surplus state. Most thermal power plants in India have atleast a 20-25 days of coal surplus from a situation of coal shortages or critical coal stocks at power plants.
The government will soon do the first auction of a one year contract on coal which will not be linked to any end use requirement. This according to union minister for power, coal, RE and mines, Piyush Goyal will be the government’s first step towards commercial availability of coal.
The total value of mineral production (excluding atomic & minor minerals) in the country during June 2016 was Rs 18344 crore.
The contribution of Coal was the highest at Rs. 7171 crore (39%). Next in the order of importance were: Petroleum (crude) Rs. 5393 crore, Natural gas (utilized) Rs. 2077 crore, Iron ore Rs. 1802 crore, Limestone Rs. 584 crore and Lignite Rs.517 crore. These six minerals together contributed about 96% of the total value of mineral production in June 2016.
In an attempt to make the Indian Bureau of Mines (IBM) come up to speed and become technically proficient in the backdrop of the Mines and Minerals
Rs 4387 cr to be spent by CIL for closure of mines: Goyal informs Parliamentary Consultative Committee
State-owned Coal India Ltd (CIL) has identified 476 mines for closure and has deposited Rs 4387.60 crore in an escrow account in line with the guidelines for proper closure of mines.
Coal Secretary, Anil Swarup spoke to Anupama Airy, Editor of EnergyInfraPost.com and took questions on the coal situation in the country that has changed from that of excessive coal shortages to that of coal surpluses.
Rio Tinto’s Bundar diamond mining project in Madhya Pradesh has hit a snag. The project, expected to mine 30.8 million carats of diamond
Gearing for exports of coal, India looks to better quality of coal produced by Coal India Ltd and its subsidiaries
Union power, coal, mines and RE minister, Piyush Goyal informed the Lok Sabha of a series of initiatives that are being undertaken by his ministry and state-owned coal company—Coal India Ltd to improve the quality of coal in general and that of low grade coal in particular.
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.