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Mining opportunities and challenges

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

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

India will soon see a paradigm shift in mining methods

We are confident that India will soon see a paradigm shift in mining methods and the way in which mining companies deploy equipment, and we shall witness deployment of state-of-the-art large size mining equipment in India

Streamlining the mining process

The year that went by - in fact, the last two years - put the country?s mining sector through one of its toughest tests. The Supreme Court ban on iron ore mining in Karnataka in 2011 and in Goa in 2012, alongside the Coalgate scams and environmental restrictions severely impacted this sector, and led to a considerable dent in the growth of the CE sector during this period.

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

NTPC to start mining coal from J'khand

To produce power, government-owned NTPC is set to start mining from its captive Pakri Barwadih coal block in Jharkhand. The coal block could start production from this week. Captive mining is a first for the country?s biggest power generator, which depends on Coal India, another state-run company, for fuel and has been meeting the gap in its requirement through imports.

NTPC to have new mining unit for fuel security

To secure fuel supplies to run its thermal power plants, India?s single largest coal consumer and State-owned NTPC plans to create a separate coal mining division. NTPC, India's largest electricity generator, has been concerned about the quality of fuel supplies from Coal India (CIL).

NTPC to have new mining unit for fuel security

To secure fuel supplies to run its thermal power plants, India?s single largest coal consumer and State-owned NTPC plans to create a separate coal mining division. NTPC, India's largest electricity generator, has been concerned about the quality of fuel supplies from Coal India (CIL).

Haryana's HPGCL wants its own captive mine

The Haryana government is trying for its own captive coal block to meet the coal requirement of its power plants in the state. The State-owned Haryana Power Generation Corporation (HPGCL) has submitted multiple applications to the Union Coal Ministry for allotment of coal block in Chhattisgarh or Madhya Pradesh for the existing and future thermal plants in the state.

Ministry for allotting abandoned CBM blocks

Union coal ministry is of the view that the relinquished coal bed methane (CBM) blocks in the country need to be allotted to coal miners as these assets hold substantial reserve of coal. Owing to inadequate gas reserves, several CBM blocks have been relinquished. But these have potential coal reserves, which can be mined and used for electricity generation, the coal ministry

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