The Odisha government would auction three more mines by end of May this year, Mines Minister Prafulla Mallick said on Friday.
Buoyed by drop in tariff to record low of Rs 3.46 per unit in the first auction of wind power, the government is mulling putting on the block more such projects next fiscal.
The government’s top brass, led by Finance Minister Arun Jaitley, will brainstorm on Thursday on how best it can push large-scale adoption of electric vehicles in the country, ahead of the rollout of FAME India.
The government has chalked out a plan to put as many as 280 mines with a mineral wealth of over Rs 10 lakh crore to auction in the next fiscal, a senior official said.
Energy Minister G. Jagadeeshwar Reddy on Tuesday inspected the safety measures put in place by the Singareni Collieries Company Limited (SCCL) in its underground coal mines in Mancherial district
Union Budget Has Given MSMEs Engaged In Power, RE, Coal and Mines An Competitive Edge : Piyush Goyal
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal said on Thursday that the Micro, Small & Medium Enterprises (MSMEs) have been made competitive with the announcement in the Budget 2017 over reduction of Corporate Tax to 25% up to turnover of Rs. 50 crores.
Government Plans to revive $2 billion of Gold reserves and Make “Bharat Sone Ki Chidiya again, says Piyush Goyal
We are committed to make Bharat Sone (Gold) Ki Chidiya again. Gold reserves worth $2 billion to be revived, it will bring down the import of gold,” Union Mines Minister, Piyush Goyal also holding the charge of power, RE and coal ministries said in a tweet on Friday.
India, the second largest importer of Gold after China, is working on a plan to revive gold reserves worth $2 billion in a couple of its age old gold mines that have been lying shut for more than 15 years.
Key segments of the mines and mineral industries, which provide raw material for a range of manufacturing activities, remained unaffected by demonetization and posted a sharp increase in output in November-December after the government scrapped high-value notes.
Union minister Piyush Goyal on Monday said India’s energy demand would quadruple in the next couple of decades and exhorted stakeholders in the power sector to make electricity cheaper for the common man.
The mines ministry on Thursday issued a notification to states to issue mining leases to companies that were granted Letters of Intent (LoIs) before commencement of the Mines and Minerals