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Oct 14, 2019#0183;#32;The Coal Mines Nationalisation Act of 1973 mandates that only companies registered in India can participate in auctions. The Coal Mines Special Provision Act 2015, which provides for opening up of commercial coal mining to private and public entities, is an offshoot of the 1973 Act.
After nationalisation of the coal industry in India, India never witnessed demandsupply gap until 1991. After liberalisation reforms in 1993, to focus on the increasing energy demand, the government decided to allocate coal mines to various players for captive consumption (in captive mining coal is taken out by a company for its own use and it wont be able to sell it in the market).
Feb 20, 2018#0183;#32;Enabling provisions have been made in the Coal Mines (Special Provisions) Act, 2015 for allocation of coal mines by way of auction and allotment for the sale of coal, the government said.
Dec 15, 2020#0183;#32;India News: The Centre on Monday accused Jharkhand government of using the environment as a ruse to attempt stalling auction of 41 coal mines, nine of which are l
The Environment Ministry of India gave its clearance to ten coal mining projects with an annual capacity of 160Mtpa. Four washeries, which can handle 31Mtpa, also received clearance. The governments nod is provided for the projects of Coal India for seven mines (141Mtpa) and two washeries (15Mtpa).
Sep 27, 2016#0183;#32;Environmental Management Coal Mining 1. GENERAL 1. Environment as an Entity. 2. Legal Definition EP act 1986. The environment consists of air, water amp; land and the interrelationship which exists among and between air,water amp; land and human beings, other living creatures, plants, microorganism and property.
Oct 11, 2020#0183;#32;New Delhi: The auction of coal blocks for commercial mining may lead to total revenue generation of around Rs 20,000 crore per year, a coal ministry official said. The process for auction of 38 coal blocks for commercial mining is underway. quot;The total revenue for one year is expected to be around Rs 20,000 crore and capital investment is around Rs 33,000 crore,quot; the official said.
Coal in India has been mined since 1774 and is now the second fastest mined in the world, producing 716 million metric tons (789 million short tons) in 2018. In 2017, India had billion metric tons ( billion short tons) of estimated total reserves of lignite coal that month was billion metric tons ( billion short tons).
Nov 17, 2020#0183;#32;In 2019, Indias largest electricity producer, NTPC Ltd, began production of coal from the Pakri Barwadih mine in Jharkhand. The 15 Mt/y coal mine is operated by Thriveni Sainik, a 51%/49% JV between leading Indian mining contractor, Thriveni Earthmovers and Sainik Mining amp; Allied Services Ltd, with the joint venture having been awarded the Mine Developer and Operator (MDO) contract in
Several activists joined the Athens County Commissioners meeting held Tuesday, Dec. 1 to discuss developments concerning the CCU Coal Mine located on the northern edge of
Jun 19, 2020#0183;#32;New Delhi: Paving the way for commercial mining, India Thursday initiated the auction of 41 coal blocks that have a capacity to produce 225 million tonnes of coal per year. Launching the auction, Prime Minister Narendra Modi said the onset of commercial mining will bring the sector out of decades of lockdown.
From pioneering the Mine Developer and Operator (MDO) model to providing endtoend mining solutions our vision is to make India selfreliant and reduce the dependency on imports. Just about a decade since our inception, we became one of the largest developers and operators of coal mines
The main sources of risk are the difficulties inherent in valuing coal mines and the vagaries of government licensing and regulations. In India, for example, the Supreme Court in 2014 concluded that the governments process for allocating coal licenses since 1993 had been arbitrary and illegal. other key value drivers of a mining property
The economics of coal. Aside from the issues of displacement and damage to the environment, experts are questioning the economic prudence of investing in coal mining. In Indias online electricity marketplace, power from solar and wind energy suppliers is cheaper than from coal
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Nov 17, 2020#0183;#32;Calf Robe wants to stop the mine proposed by Benga Mining Ltd., a wholly owned subsidiary of Australian coal development company Riversdale Resources. Benga has plans to develop a 1,500hectare mine on top of Grassy Mountain, just north of the town of Blairmore, to produce tonnes annually of metallurgical (steelmaking) coal for
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India concluded its first commercial coal mine auctions earlier this month. A total of 19 coal mines spread across Madhya Pradesh, Jharkhand, Odisha, Chhattisgarh, and Marashtra were auctioned
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Aug 25, 2020#0183;#32;Indias coal mining industry accounts for 80 percent of its demand for mining equipment, especially equipment used in openpit mines, which account for 90 percent of Indias coal mining operations. With Indias new coal block allocation process initiated in 2018, and the healthy procurement budget allocated to Coal India in 2019 for the
Mining operations at Talaipalli. Partial mining operations at the Talaipalli started in October 2019 which produced only of coal as of July 2020. The Taliaipalli coal mine will feature opencut mining, which will be followed by the start of underground mining after 20 years of operations.
Nov 07, 2020#0183;#32;The mine will generate annual revenue of Rs crore, the coal ministry said. The ministry said that one coal mine of Jharkhand was put up for auction on day six of commercial coal mine
Dec 14, 2020#0183;#32;New Delhi: Coal and Mines Minister Pralhad Joshi on Monday said public sector coal companies, including stateowned Coal India, will adopt alternate transport methods, including mechanised conveyor systems, computerised loading onto railway rakes, among others, for movement of coal in large mines, replacing road transport. The minister, who chaired a meeting of the Consultative
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