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We focus on off-highway sector and want to grow with this

Balkrishna Industries (BKT) is a homegrown multinational player with a strong presence in the off-highway tyres globally. With the Indian market growing faster, the company is gradually increasing its sales in India which otherwise is majorly focusing on export market. Rajiv Poddar, Joint Managing Director, BKT shares more on the company and the market scenario.

Commercial coal mining can reduce coal import: CRISIL

The government’s move to open up commercial coal mining can halve the annual expenditure incurred on importing non-coking coal.

Privatisation of coal mining

India's coal demand-supply balance still remains tilted in favour of coal imports as the state-run miners, Coal India and the Singareni Collieries Company have been unable to entirely meet India's coal demand, especially for higher grade thermal coal/washed coal and coking coal.

Vedanta to double copper capacity by 2019

Vedanta will invest up to Rs 3,000 crore in copper operations to double the capacity to 8 lakh tonne by 2019, making the firm India?s largest producer of the metal.

Nalco ties-up with Mahanadi Coalfields for coal supply

To get fuel supply for its captive power plant, National Aluminium Company (NALCO) has signed a long term fuel supply agreement with Mahanadi Coalfield (MCL). As part the pact, MCL will supply 47.16 lakh tonne of coal to NALCO's captive power plant at Angul and 8,73,324 tonne of coal for its steam cum power generation plant, at Damanjodi.

Odisha govt seeks status of end-use plants

The mining department of Odisha government asked the developers of Rampia and Mandakini A coal blocks to submit status of the end-use power plants. The above two blocks are allotted to captive miners who are developing power plants. While Rampia coal block is allotted jointly to Sterlite Energy, GMR Energy, ArcellorMittal India, Lanco Group, Navbharat Power and Relia

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