Coal India is pursuing acquisition of critical minerals in India

22 Aug 2024 CW Team

Coal India stated that it is actively pursuing the acquisition of critical minerals, including lithium, both in the domestic market and overseas, and emphasized its commitment to participating in the auction of such blocks. These critical minerals, such as lithium, are essential for the production of clean energy technologies, including wind turbines and electric cars, and are particularly sought after for manufacturing batteries for electric vehicles. During the 50th Annual General Meeting of the company, Coal India Ltd (CIL) Chairman P M Prasad mentioned that, with the aim of reducing dependence on imports of critical minerals like lithium and cobalt, CIL is actively seeking to acquire these mineral assets within India and abroad.

Prasad also noted that CIL will continue to participate in the e-auction of critical mineral blocks offered by the mines ministry. He highlighted that CIL has already made progress in the domestic market by emerging as the preferred bidder for the Khattali Chotti graphite block in Alirajpur district of Madhya Pradesh.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..