Coal Ministry Targets Import Reduction

21 Jun 2024 CW Team

The Indian Ministry of Coal is intensifying its efforts to reduce coal imports by prioritizing the swift operationalization of coal blocks. This initiative is in response to the country's growing energy demands and aims to enhance domestic coal production capabilities. The ministry has set a goal to operationalize 58 new coal blocks by the end of the financial year 2024-25. These blocks, once fully operational, are expected to significantly contribute to the reduction of coal imports and bolster energy security in India.

To achieve this target, the ministry is collaborating with various stakeholders, including state governments and private sector entities. They are working on streamlining the clearance process, addressing land acquisition issues, and ensuring the timely availability of infrastructure support. The ministry is also focusing on leveraging advanced technologies and sustainable mining practices to enhance efficiency and minimize environmental impact.

The push for rapid operationalization is part of a broader strategy to increase domestic coal production and decrease reliance on imports, which have been a significant burden on India's economy. The ministry is confident that with the successful operationalization of these coal blocks, the country will witness a substantial decrease in coal imports, thereby saving foreign exchange and strengthening the domestic coal industry.

In addition to operationalizing new coal blocks, the ministry is also emphasizing the need for efficient management of existing coal resources. This includes optimizing production processes, improving transportation logistics, and ensuring better coordination between various departments. The ministry's proactive approach aims to create a robust and self-sufficient coal sector that can meet the nation's energy requirements sustainably and efficiently.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..