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Bringing biodiesel on the market

Fuel costs and India’s reliance on foreign fuel sources are a constant concern for many construction owners whose businesses are heavily dependent on machinery that requires diesel. Many alternate energy sources have been discussed, researched, and used in the past but, for equipment, the primary form of alternate fuel has become biodiesel.

Coal India approves record 32 mining projects at Rs 47K cr

Scripting a record high, Coal India Limited (CIL) has approved 32 coal mining projects in the current fiscal till January 2021, which indicate an estimated incremental capital of around Rs 47,300 crore.

L&T commissions first Komatsu 300T electrical shovel in India

L&T Construction & Mining Machinery achieved a milestone with the erection and commissioning of Komatsu PC3000-6 electrical shovel, their first 300-ton electrical shovel supplied in India

Steering Growth

Growing urbanisation and mechanisation of manual jobs are driving the demand for compact equipment such as skid-steer loaders in India.

BEML flags off India?s first 205T electric dump truck

BEML has launched an indigenously designed and developed nation?s first 205T electric drive rear dump truck (Model BH205-E). This is expected to address the growing demand for higher capacity equipment in the mining industry.

Indo-German trade volume grew 13.5 per cent during first half of 2015

German companies in India are looking forward to the implementation of GST in 2016 which would help in the ease of doing business here, says Rajesh Nath, Managing Director, VDMA India.

Mining Growth

India is on track to overtake the US as the second-largest coal consumer after China this decade. India wants to more than double coal output to 1.5 billion tonne by 2020. The central government has already taken specific actions including e-auctions of coal blocks; 28 blocks are already allocated and more blocks to be e-auctioned soon.

Coal Ministry to take up restructuring of Coal India Ltd

The coal ministry has prepared action plan for restructuring of state-owned Coal India Ltd (CIL). This is to improve overall operational efficiency of the company. CIL has seven subsidiaries. The company has missed the coal production targets in 2013-14. While considering the restructuring issue, the government is likely to increase the delegation of powers to all the CIL subsidiaries.

CIL given new deadline to sign 173 FSAs

At a recent meeting, union coal ministry asked public sector miner Coal India (CIL) to enter into fuel supply agreements (FSAs) with power plants for 78,000 mw capacity by September 6. The order from the ministry comes after the earlier deadline for signing FSAs ended on August 30.

Govt to hire consultant to restructure Coal India

Government is in the process of hiring an external consultant to advise on the restructuring of Coal India (CIL) for a long term sustainability roadmap. The government is learnt to have shortlisted nine consultants for the purpose. Meanwhile, agency reports quoted Coal Minister Prakash Jaiswal as saying that he was not in favour of splitting the state-run CIL. The minister has reportedly said

Ministry wants resolution of key issues before CIL stake sale

Agency reports indicate that union coal ministry wants the Department of Disinvestment (DoD) to move ahead with the divestment of stake in Coal India (CIL) after key issues are resolved. The 10 per cent equity sale in the coal miner was cleared by an Inter-ministerial Group (IMG) and this may fetch the government over Rs 17,000 crore. The government, at present holds 90 per cent stake in

Big Offering from Gmmco and Cat

Gmmco introduces Caterpillar?s world?s largest 500HP motor grader to Indian markets.For Gmmco and Caterpillar, 6 December 2011 was a red-letter- day, when the world?s largest and India?s first 500 HP Caterpillar Motor Grader 24M was handed over to South Eastern Coalfields (SECL).

Mining Equipment: On the Threshold of Growth

With the growing production, the demand for mining equipment and machinery is expected to not just keep pace but grow manifold. The thrust on surface mines has significantly enhanced mine production capacity

25 Years of Nation-Building

Gmmco was formed in 1967 when the GP-CK Birla Group took over Blackwood Hodge Equipment, who were distributors for the Terex range of products.

Mining Equipment: Mining Shows Promising Potential

Mining and quarrying activities have contributed significantly to growth, primarily in the sales of large-sized equipment over the last few years. Equipment India finds out the details from some of the major players in the segment.

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