Geology and Reserves of Indian Coal

India ranks second amongst the coal producing countries of the world in terms of annual coal production. However, in respect of coal resources, it is endowed with less than 1 per cent of world coal resources.

Mining opportunities and challenges

Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA writes on the mining scenario in India.

Looking for a Turnaround

Optimising efficiency

With the construction, mining and infrastructure projects are growing faster, there is a growing demand for productive and efficient equipment in various projects. This will boost the demand for technologically superior lubricants to meet the industry needs.

Used excavator market has a huge potential worldwide

Based on revenues, earth moving holds the largest share in the construction equipment industry (62.1 per cent). Major market Players in excavator market are CAT, L&T Komatsu and Tata Hitachi.

Large Miners Forward

While the global mining industry is on the decline, India is witnessing a reverse trend. Many international mining equipment manufacturers are showcasing their products at BAUMA 2016, Germany, in a big way, at a time when Coal India

Used excavator market has a huge potential worldwide

Based on revenues, earth moving holds the largest share in the construction equipment industry (62.1 per cent). Major market Players in excavator market are CAT, L&T Komatsu and Tata Hitachi.

Year End Review of Ministry of Coal

Coal sector witnessed a number of initiatives during 2013 to augment coal production and supply. Regular reviews of captive coal blocks were held by Inter-Ministrial Group to expedite their development, fuel supply agreements were signed with Power Sector and setting of Coal regulator approved. Under the bidding policy, seventeen coal blocks allotted to the Government Companies and thirty eight coal blocks brought under production.

Captive coal block target for FY2013-14 is 46.15 MT

Year end review report of the Ministry of coal indicates 46.15 million tonne (MT) as the production target for coal production for captive coal blocks for the year 2013-14. As of October, 2013, 38 captive coal blocks have come under production. The provisional figures for captive coal production during the FY2013-14 upto October 2013 Is 21.740 million tonne. Out of this, 13.645 million tonne pertains to private sector companies while 8.095 million tonne production is achieved by government compa

Coal Blocks offer for Government Companies/Corporations

As per the year end review report of the Ministry of coal, seventeen coal blocks, fourteen blocks for specified end-use i.e. Power and three blocks for Mining were allocated to various State Government Companies/Corporations/CPSUs under newly initiated bidding policy. The proposed agreement on coal mine production and development to be signed by the Government with the respective eligible Companies is under finalization.

Govt offered 17 blocks to PSUs

The government offered 17 coal blocks for allocation to government companies and identified six more explored coal blocks to allocate to private sector through competitive bidding. The government said this in its 'Report to the People' released by Prime Minister Manmohan Singh and Congress President Sonia Gandhi on the fourth anniversary of UPA-II

Cabinet allows SAIL, RINL to charter ships directly

State-run steel makers SAIL and RINL received approval from the union cabinet to charter ships directly without going through the government's chartering organization TRANSCHART for importing coal and other raw materials. The move would facilitate better control of logistics, shipping and operations of importing coal and other raw material from overseas, a government statement