Commercial Mining News Today

India Business News: Adani Enterprises Limited, the flagship company of billionaire Gautam Adani's Adani Group, reported a 39% decrease in its consolidated net profit for

The coal ministry is preparing to auction 30 new coal blocks in May, aiming to boost domestic coal production and reduce imports. Learn more about the upcoming coal mine auction and its impact on the energy sector.

Tata Steel: A total of 27 coal mines have been put up for auction in the ninth round of auction. A total of 33 bids were received for 13 coal mines.

Tata Steel, JSW Steel and Rungta Sons are among the 27 companies which have submitted bids for coal blocks put up for commercial mines auction, the government said on Tuesday. "A total of 27 companies including major companies like Tata Steel Ltd, JSW Steel Ltd, Rungta Sons Pvt Ltd., etc. have submitted their bids in the auction process," the coal ministry said in a statement.

The coal ministry is taking various measures to meet the demand for dry fuel and has auctioned 91 coal mines for commercial use in the last four years, the coal additional secretary said.

REC Limited, a leading public sector enterprise under the Ministry of Power, hosted a workshop on ‘Customized Debt Financing for Commercial Mining & MDOs (Mine Developers and Operators).’ The workshop, held at Hotel Oberoi, New Delhi, was attended by key stakeholders from government and industry, including from the coal mining and financing sectors. The workshop…

 REC Limited, a leading public sector enterprise under the Ministry of Power, hosted an insightful workshop on ‘Customised Debt-Financing for Commercial Mining & MDOs.’ The workshop was held at Hotel Oberoi, New Delhi and was attended by key

The Ministry of Coal has executed agreements with six successful bidders of coal mines under Commercial Mining in 7th round of auctions here today. The momentous event marked the successful auction of 91 coal mines ever since the inception of   Comme

Indias Upper House has passed an amendment bill to the Offshore Areas Mineral (Development and Regulation) Act paving the way for extraction of minerals in offshore areas. The amendment bill, which aims to establish a fair and transparent mechanism to allocate the operating rights for offshore mineral extraction is aimed at removing the impasse in the sector. The amendment aims to introduce a composite licence, which is a two-stage operating right granted for the purpose of undertaking explorati...

A bill to provide a fixed 50-year production lease for offshore minerals was passed by Lok Sabha on Tuesday amid protests by the opposition over the situation in ethnic-violence hit Manipur. Replying to a brief discussion in the House, Coal and Mines Minister Pralhad Joshi said under the Offshore Areas Minerals (Development and Regulation) Amendment) Bill, 2023, the government seeks to introduce auction as the route to award production lease for offshore minerals.