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MET approves 309 mineral exploration projects worth Rs 21 bn

The National Mineral Exploration Trust (NMET) has granted approval to 309 projects with an estimated total cost of Rs 21 billion for conducting regional and detailed exploration activities throughout the country

Coal and Mines Ministry reviews National Mineral Exploration Trust

The Consultative Committee for the Ministry of Coal and Mines had convened at the Parliament House Annexe on September 19th to assess the performance of the National Mineral Exploration Trust (NMET).

The Mining Boom

India's increasing coal projects drive a surge in mining equipment demand!

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.

Navigating the Depths

How IIoT is enhancing safety and efficiency in underground mining.

Mining the Future

With prospects in both surface mining and underground mining, the Indian market for mining equipment appears to have a bright future.

India is one of the very few countries where mining is still growing

Rajesh Nath, Managing Director, VDMA India, speaks on sustainability in the mining industry.

Mining market scenario

The upcoming mining reforms are expected to drive the demand for advanced mining equipment technologies and solutions.

41 coal mines on offer for commercial coal mining

Prime Minister Narendra Modi launched the auction process of 41 coal blocks for commercial mining, through video conference. The Coal Ministry in association with FICCI launched the process for auction of these coal mines. A two stage electronic auction process is being adopted for allocation of the coal mines.

41 coal mines on offer for commercial coal mining

Prime Minister Narendra Modi launched the auction process of 41 coal blocks for commercial mining, through video conference.

On the right path

It is a fact that the industry is under tremendous pressure of economic slowdown. However, hopes are alive as the government is listening to the problems of the industry and working out resolutions for a faster recovery.

Govt to auction 27 coal mines

The Ministry of Coal has begun the process of auction of 27 coal mines and allotment of 15 blocks to public sector undertakings.

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.

Coal India plans Rs 8,500-crore capex investment in 2017-18

Coal India Ltd (CIL) has planned to invest Rs 8,500 crore as capital expenditure in 2017-18 and has further planned to invest Rs 6,500 crore in various projects.

Coal ministry to allot 7 blocks to power companies

The Ministry of Coal has identified seven big coal blocks for allotment to power generation companies of six states.

IMME 2016 all set to kickstart

The 13th edition of International Mining and Machinery Exhibition (IMME 2016) is all set to kickstart on November 16. IMME is India?s largest and focussed trade fair for the mining sector and is scheduled to be held from 16 to 19 November 2016 at Eco Park, Rajarhat, Kolkata.

Coal ministry to allot 7 blocks to power companies

The Ministry of Coal has identified seven big coal blocks for allotment to power generation companies of six states. The blocks on offer include Deocha Pachami with 2,102 million tonne (mt) of coal reserves in West Bengal, Ghograpalli with 1,163 mt, Jaduanathpur with 525 mt in Odisha, Pokharia Paharpur with 584 mt and North Kathara with 305 mt in Jharkhand.

Essar Power MP acquires Tokisud North coal block

Essar Power MP Ltd, a subsidiary of Essar Power, has signed the coal mine development and production agreement with the Government of India for the Tokisud North coal block in Jharkhand and has also completed all other formalities.

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.

Coal Ministry to review 61 coal blocks allocated to 41 companies

The ministry of coal plans to review the progress on 61 coal blocks allocated to 41 companies including Tata Steel, Hindustan Zinc, Essar, Adani, Arcelor Mittal, GVK and JSPL. These companies are facing cancellation of licences due to delay in commencement of mining operations. The blocks would be reviewed on February 7 and 8.

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.

Augmentation of coal production through PPP route

Year end review report of the Ministry of coal indicates the use of PPP route for increasing coal production in the country. The Government of India has decided to initiate Public Private Participation (PPP) to augment coal production in the country. To achieve this objective, a committee has been set up under the chairmanship of Secretary (Coal) with representatives from Planning Commission, Ministry of Finance (DEA), Ministry of Labour, Ministry of Law & Justice (DLA) among others to recommend

Coal Regulatory Authority Bill under consideration

Year end review report of the Ministry of coal reiterates Government of India committment towards setting up of Coal regulator. As per this report, the Government has approved the setting up of Coal sector Regulatory Authority on June 27, 2013. As the enactment of the legislation through the Parliament would take some time, therefore, it was decided that a non-statutory regulator be set up through an appropriate executive order.

Show cause Notice issued by Coal Ministry to 13 firms

The Ministry of Coal has issued show cause notices on thirteen firms seeking explanation on delays in development of mines allocated to them for captive use. Some of the prominent names include NMDC, JLD, Yavatmal Energy, Balco and AMR Iron and Steel.

Delay in development of Bankhui coal block

The Ministry of Coal has issued notice to Sakhigopal Integrated Power Company Ltd (SIPCL) asking for reasons for slow progress in developing the Bankhui coal block.

CCI nod sought for expediting mine development

Approval of Cabinet Committee on Investment (CCI)is being sought by the Ministry of Coal to expedite development of allocated mining blocks where no cases or FIRs have been filed by the CBI.

Coal India to develop coal bed methane reserves

Union Minister of State for Coal Pratik PrakashBapu Patil has said that Coal India (CIL) is pursuing development of coal mine methane (CMM) from its mining areas as it would be beneficial on mine safety as well as environment. Ministry of Coal has made CMPDI, the Nodal Agency for development of coal mine methane in India. At Moonidih mine of Bharat Coking Coal (BCCL), CIL/CMPDI has successfully implemented a CMM demonstration project, which is funded by the Union government.

Govt allocates mining leases via auction: Minister

The Union government notified the auction of mining leases on February 2 in 2012 under the amended provisions of Section 11 of the Mines and Minerals (Development and Regulation) Act, 1957 (67 of 1957) (MMDR Act).

Govt to modernise coal mining operations

The Union government has said that Coal India (CIL) has adopted modern technologies for coal mining. It has proposed to further modernise mining operations in its mines. For this purpose, a Committee has been constituted to look after the issues for technology up-gradation and modernisation of CIL through hiring of international consultants.

CIL meets over 90% of its supply commitment: Govt

The Union Minister of State for Coal Pratik PrakashBapu Patil has recently said in the Rajya Sabha that the Coal India (CIL) has been meeting more than 90 per cent of its supply commitment as against the annual plan target finalised by the Ministry of Coal/Planning Commission. The gap between demand and supply of coal in the country is to be met through coal imports, he added.

Allocatees must follow check list of Odisha govt

The steel & mines department of Odisha government cleared a checklist, which has to be observed by the allocatees of coal blocks in the state. According to the checklist, the allocatees must furnish status of their end-use plants linked to coal blocks. Companies whose coal blocks are at an advanced stages having either been granted prospecting licenses (PL) or mining leases (ML). These companies must com

International Mining & Machinery Exhibition

The Indian mining sector will emerge stronger with a better and more transparent mining policy and according to McKinsey Report, the metals and mining sector can contribute to $150 billion per annum to GDP.The two day international conference ?Global Mining Summit? kick-started alongside the four day International Mining & Machinery Exhibition with a specific focus on exploration, technology, policy frameworks and emerging business opportunities in the Indian mining and coal sectors.

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