Nearly 44 years after India nationalised its coal sector, the industry has been thrown open for participation by private players, in a move that would bring in competition for state-owned Coal India (CIL), which has till now enjoyed a monopoly over the business.
Vedanta Ltd today said its mines in Goa will be impacted following the Supreme Courtjudgement to cancel the second renewal of 88 iron ore mining leases in the state. The apex court yesterday quashed the second renewal of 88 iron ore mining leases in Goa in 2015, saying the sole motive of the companies behind the commercial activity was profit maximisation and […]
The Supreme Court Wednesday quashed the Goa government’s second renewal of iron ore mining licences to 88 companies during 2014-15, saying the “unduly hasty” decision was “not in the interests of mineral development”.
The Delhi High Court has asked the Centre to decide in two weeks the plea by Sasan Power Ltd, a Reliance Power subsidiary, for permission to mine coalfrom its two mines in excess of the 17 MTPA cap to enable it to run the 3,960 megawatt power project in Madhya Pradesh.
The Competition Commission has dismissed allegations of unfair business practices against state-owned Coal India Ltd (CIL) with regard to sale of coking coal.
The Australian government on Sunday ruled out financing for the railway project to link the Adani Group’s proposed $12 billion Carmichael coal mine project in Australia to a port.
State-owned Coal India produced 440 million tonnes of coal in the April-January period of the ongoing fiscal, missing the target by 29.2 million tonnes.
Polish companies may explore opportunities at commercial coal mining in India if conditions are right, said a minister from the eastern European country here on Monday.
State-owned Coal India Ltd (CIL) hiked thermal coal prices for both power and non- power consumers with immediate effect, a decision which electricity producers said would jack up energy prices by up to Rs 0.50 per unit.
A decision by an independent energy agency to reject the Trump administration’s plan to bolster the coal industry could lead to more closures of coal-fired power plants and the loss of thousands of jobs, a top coal executive said Tuesday.