Page 3 - Mine Developer News Today

Get latest articles and stories on Business at LatestLY. Through this, the ministry aims to ramp up domestic coal production and a subsequent reduction in import dependency. Business News | Govt Aims to Engage Mining Developers Cum Operators (MDO) in Coal.

DBL-Siarmal Coal Mines Private Limited, wholly owned subsidiary of Dilip Buildcon Ltd has received the letter of appointed date from the Mahanadi Coalfields Limited and had declared January 02, 2023 as an appointed date.

The intent of engaging MDOs through open global tenders is to increase domestic coal output and reduce import dependency to extent possible.

Coal India Limited has issued letters of acceptance for seven coal projects to be pursued through engagement of Mine Developer and operators.

A total of 39 coal blocks worth Rs28,986 crore are being considered for monetization.

The asset monetisation target of NITI Aayog for the coal ministry for FY23 is Rs 6,060 crore, the ministry said.

The Supreme Court on Tuesday sought a response from Rajasthan Rajya Vidhyut Utpadan Nigam Limited (RRVUNL), a mining company and others on a plea seeking a stay on the operations of the mining in Phase-II in Parsa East and Kente Basan (PEKB) mine alleging that due to which RRVUNL is proceeding to cut about 5 lakh trees.

India aims to increase its domestic coal production to 1.2 billion mt by 2023-24 to reduce imports and bridge the demand-supply gap, according to a coal ministry statement Feb. 9, a near 75% rise from what the country produces currently. To achieve the target, the government has rolled out a number of steps including the ...

Dilip Buildcon Ltd receives LOA from Mahanadi Coalfield Ltd for mining project in Odisha