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The industry has crossed the worst phase

The market is now looking at a new dawn with a number of new projects. Shantanu Sinha, Executive Director, Trenchless Toolbox, elaborates on the current market scenario and the company’s plans ahead.

Mining Equipment Trends

The mining equipment industry (MEI) is heavily dependent on equipment demand from coal and iron ore mining, both being highly equipment intensive, with over 30 per cent.

CIL fails to meet production target by 17 million tonne in FY2013-14

Coal India Ltd chairman and managing director S Narsing Rao has said that the company could end the financial year with a production shortfall of around 17 million tonne (MT). The fall in coal offtake for power production and the unwillingness of state electricity boards to buy enough power has led to lower demand for coal thereby affecting the production targets.

NTPC locks horns with CIL

Power major NTPC has locked horns with its fellow state-run company Coal India (CIL) over what is claims as the poor calorific value of coal being supplied by the latter. Calorific value refers to the amount of heat that can be generated by burning a certain amount of fuel. Typic

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