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The plan will be implemented in a phase wise manner, ensuring rehabilitation and other services to the affected families on a priority basis
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The state-owned miner has already won approval for 4.7 gigawatts of generation to be built over the next six to seven years, with most of the facilities to be in the state of Odisha on India’s east coast, Business Development Director Debasish Nanda said in an interview
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The three mines - Machhakata (Revised), Kudanali Lubri and Sakhigopal-B Kakurhi - are expected to generate an annual revenue of Rs 2,991.2 crore.
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Located in the Korba district of Chhattisgarh, the two mines produce more than 100 million tonnes (MT) of coal annually accounting for about 10 per cent of India's total coal production, South Eastern Coalfields Ltd (SECL) said in a statement on Thursday.
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International Energy Agency (IEA) says that significant reduction in coal-mine methane emissions are achievable without major technological breakthroughs. India's 2.8 million tonnes of methane emissions from coal mines are more than triple the emissions reported to the UNFCCC in 2019.
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The online bids were decrypted and opened electronically in the presence of the bidders on February 20
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The coal ministry is taking various measures to meet the demand for dry fuel and has auctioned 91 coal mines for commercial use in the last four years, the coal additional secretary said.
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The mine will aid in the planned expansion of the Raigarh integrated steel plant, increasing its capacity from 3.6 million tons per annum to 9.6 million tons per annum.
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NTPC produced 4.27 MMT coal from its captive mines in Q1 FY23, the company said in the statement.
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This round of auction was started by the ministry for 103 mines on March 29, 2023. The last date for submission of bids was June 27.
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Investors need to focus on the Novelis business, given that it remains the largest contributor to profitability
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Union Coal Secretary Amrit Lal Meena said that the Government of India has identified 30 mines where the coal mining has been over and coal companies have started a two-three-year exercise of closure.
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The hike in coal prices, if approved by the CIL Board, could result in an increase in power tariffs by up to 3.5 percent, experts said.
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Northern Coalfields Ltd (NCL) has so far removed 400.56 M CuM OB with remarkable year-on-year growth of 28.30 per cent, the company said in a statement.
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The successful bidders got the vesting orders from coal secretary Amrit Lal Meena.
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Nirmala Sitharaman will be the chief guest at the launch event to be held in the national capital.
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The government put on sale 10 coal mines under the commercial coal mine auction on Tuesday and Wednesday.
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The e-auction for eight coal mines will be conducted on September 13 and for two coal mines on September 14, Ministry of Coal added.
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New Delhi, Aug 23 The government plans to put on auction 17 mines surrendered by public sector undertakings which could not put the blocks into ope..
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The development assumes significance in the wake of the government making efforts to secure domestic fuel supplies amid fear of shortage during monsoon.
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As Chhattisgarh government approves coal mining in Parsa bloc, tribal residents of the region have been camping in the Hasdeo forest reserve to protect trees from being axed.
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Move to auction shut mines is at best a stop-gap solution when long-term finance is a problem for coal projects
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The power ministry on Thursday that the government has ordered all imported coal power plants ordered to operate at full capacity as power demand has surged almost 20 percent in energy terms.
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