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KIAPL expects phase I of Vizag project in 2014
The first phase of the calcium aluminate cement production facility being set up by Kerneos India Aluminate (KIAPL) in Visakhapatnam, Andhra Pradesh could be completed in 2014. The company is setting up the facility at Atchuyutapuram in Visakhapatnam on a 20 acre land bought from the AP Industrial Infrastructure Corporation (APIIC
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Govt may set up coal regulatory authority in 4 months
In the next two to four months, Indian government plans to set up an independent regulatory authority for coal sector, Finance Minister P Chidambaram said at the Canada India Business Council meeting. The proposed regulatory authority would become effective mechanisms to address problems being faced in the implementation of coal projects
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NTPC, CIL conduct joint sampling of coal
Power major NTPC and Coal India (CIL) are conducting coal sampling tests jointly following the decision arrived at a meeting with the union Coal Secretary Sanjay Kumar Srivastava in April 10. During his meeting with the chiefs of NTPC and CIL, Srivastava said that both the firms would conduct a joint
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CIL eases restrictions in FSAs
Following criticisms from some sections, Coal India (CIL) has liberalised some of the restrictions imposed by it in the fuel supply agreements (FSAs) that it signs with power companies. For example, the state-run miner allowed supply of coal in excess of annual contracted quantity (ACQ) with mutual consent
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DVC holds talks with CIL for coal mining
Public sector power generator Damodar Valley Corporation (DVC) is said to be holding discussion with Coal India (CIL) on mining old and abandoned coal mines. The company plans to produce coal from old and abandoned mines in order to meet its coal requirement. The company has held its power capacity expansion proje
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OMDC awaits govt nod for mining operation
Orissa Minerals Development Company (OMDC) is awaiting approval from the Odisha government to start mining from its Kolha Roida iron ore mine. It is learnt that the mine is cleared of all litigation and given all approvals, so now it is left to the state government to allow it to start operations. Kolha Roida is on
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Resumption of mining may enable JSW to attain high output capacity
Sheshagiri Rao, Group Chief Financial Officer of JSW Group informed that the company could attain 80 percent capacity utilisation at its facility once the category B mines resumes operation. When mining of iron ore was banned in Karnataka since July 2011, the company's 10 million tonne per annum (mn tpa) steel plant at its flagship factory at Vijay
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India's rank improves in Fraser mining survey
According to a survey of the world's leading nations in mining sector conducted by a Canadian-based free-market think-tank Fraser Institute, India was ranked 81st from 89th spot last year. China's ranking declined to 72nd out of 96 in 2012-13 from 58th out of 93 the prior year. The survey measures the overall policy attra
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CIL plans to reduce coal stock by 15 mn t
Coal India (CIL) plans to reduce its stock by 15 million tonne (mn t) in 2013-14 in order to increase the supply of the fuel to power plants. In 2012-13, the company reduced the stock by 18 percent from a year ago to about 58 million tonne, its lowest in four years. It may be noted that many power plants in the coun
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Allocatees must follow check list of Odisha govt
The steel & mines department of Odisha government cleared a checklist, which has to be observed by the allocatees of coal blocks in the state. According to the checklist, the allocatees must furnish status of their end-use plants linked to coal blocks. Companies whose coal blocks are at an advanced stages having either been granted prospecting licenses (PL) or mining leases (ML). These companies must com
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