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CIL: Only one bid received out of four coal mines put up for second attempt of auction: Coal Minister

Synopsis The technical bid for the Kuraloi (A) North mine in Odisha was received from Vedanta Ltd and an Empowered Committee of Secretaries (ECoS) will take a final call on it, Coal and Mines Minister Pralhad Joshi told Lok Sabha in a written reply. Getty Images Only one bid has been received out of four coal mines that were put up for second attempt of auction under the 11th round of Coal Mines (Special Provisions) Act (CMSP Act), Parliament was informed on Wednesday. The technical bid for the...
Lok Sabha Pralhad Joshi Minerals Development Vedanta Ltd Committee Of Secretaries Eco Coal Mines

Goa's Green Wars

UPDATED: February 27, 2021 15:39 IST A piling problem: Heaps of coal at Mormugao Port Since November 2020, hundreds of villagers and flash mobs in Goa have been protesting against three major infrastructure projects in the picturesque Mollem town close to the states border with Karnataka. They say the projects-to double a railway track, widen a national highway and build a sub-station for a power transmission line from Karnataka-will cause irreparable harm to the forests adjacent to the Mollem ...
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Canada's Velocity acquires 100% of Iglika gold project in Bulgaria

Canadas Velocity acquires 100% of Iglika gold project in Bulgaria Photo: Velocity Minerals / All rights reserved. SOFIA (Bulgaria), February 25 (SeeNews) - Canadian gold exploration company Velocity Minerals said on Thursday that it has acquired 100% interest in the Iglika copper-gold project and the associated exploration licence under a previously-agreed option deal. Velocity has exercised the right to acquire all of the shares of Bulgarias Balkan Minerals Development, which...
Czech Republic Sofiya Grad Venelin Zhelev Pavel Hanzl Velocity Minerals Bulgaria Balkan Minerals Development

India's mining reforms juggernaut continues despite concerns

India’s mining reforms juggernaut continues despite concerns by Mayank Aggarwal on 23 February 2021 In its latest attempt to give a push to the mining sector to revive the Indian economy, the government of India has proposed several amendments to the country’s mining regulations. The changes propose to allow captive miners to commercially sell 50 percent of their coal, allows the central government to auction mines controlled by states and eases rules for industry in terms of green clearan...
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Centre to permit sale of 50% coal from captive blocks; invites comments | Hellenic Shipping News Worldwide

The Centre plans to permit sale of 50 per cent of coal/lignite produced by captive blocks, a move aimed at augmenting the production and increasing the availability of dry fuel. The government plans to do so through incorporation of a provision in the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR). “In the note ...
Aatmanirbhar Bharat Minerals Development Ministry Of Coal Ministry Of Mines தாதுக்கள் வளர்ச்சி அமைச்சகம் ஆஃப் நிலக்கரி

Centre to permit sale of 50% coal from captive blocks; invites comments

The Centre plans to permit sale of 50 per cent of coal/lignite produced by captive blocks, a move aimed at augmenting the production and increasing the availability of dry fuel. The government plans to do so through incorporation of a provision in the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR). "In the note for consultation of Ministry of Mines, it is proposed to incorporate a provision in the Act to allow sale of 50 per cent of coal/lignite produced by captive mines on...
Aatmanirbhar Bharat Minerals Development Ministry Of Coal Ministry Of Mines Coal Ministry Coal India

Centre plans to permit sale of 50% coal from captive blocks, invites comments

Centre plans to permit sale of 50% coal from captive blocks, invites comments Top Searches Centre plans to permit sale of 50% coal from captive blocks, invites comments PTI / Feb 21, 2021, 11:41 IST FacebookTwitterLinkedinEMail File photo NEW DELHI: The Centre plans to permit sale of 50 per cent of coal/lignite produced by captive blocks, a move aimed at augmenting the production and increasing the availability of dry fuel. The government plans to do so through incorporation of a provision in...
Aatmanirbhar Bharat Minerals Development Ministry Of Coal Ministry Of Mines Business News Mines And Minerals

Centre invites comments on allowing sale of 50% coal from captive blocks

Centre invites comments on allowing sale of 50% coal from captive blocks The ministry has invited comments from the state governments of coal-bearing states and stakeholders/general public on the said proposals 1 min read Share Via Read Full Story The central government is planning to permit the sale of 50% of coal/lignite produced by captive blocks, the Union ministry of coal said in a statement. The move is aimed at augmenting the production and increasing the availability of dry fuel. The mo...
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