Coal Secretary to announce new mining reforms

17 Nov 2020 CW Team

Image courtesy: Business World

Following the recent announcement to enable commercial coal mining for private sectors and unlock 500 blocks in non-coal minerals, the government announced last week plans to implement new mining reforms in the coming six to eight weeks. The government is adopting a robust framework to offer sustainability and increase productivity in the mining industry. This was announced by Anil Kumar Jain, Secretary, Ministry of Coal, Government of India in a CEOs virtual roundtable, "Propelling the Mining Industry forward through Sustainable Technologies to enable Aatmanirbhar Bharat", organised by the Federation of Indian Chambers of Commerce & Industry (FICCII), in collaboration with ThyssenKrupp.

According to Jain, the objective of offering new reform policies is to increase sustainable technology, for example, green mining, coal ash ponds, and expend environmental development.

India is the importer of coal to countries like Australia, Indonesia, South Africa, and others, and is working towards decreasing coal import. Jain hoped that with the adoption of new-age technology, India can reduce various environmental impacts, and can become one of the largest coal exporting hubs. The country can become an export hub for coal, with the immense potential of the new-age technologies.

Vivek Bhatia, MD & CEO of ThyssenKrupp Industries India, stated that with the help of increasing technology, competitive mining will increase at a rapid rate that will have a positive impact on the environment. This technology will help to increase operational safety and reduce opex. That will also lower the cost of the present mining system reforms and help in improving and upgrading the carbon footprints.

Various factors help in the betterment of the mining industry for several decades, but the two main factors are conventional technologies and business models. Drilling, blasting, fuel and consumables are some of the major constituents in the mining industry. But with the emergence of new technology, it is being hoped that the costs can be significantly reduced with the help of an electrically operated system.

Image courtesy: Business WorldFollowing the recent announcement to enable commercial coal mining for private sectors and unlock 500 blocks in non-coal minerals, the government announced last week plans to implement new mining reforms in the coming six to eight weeks. The government is adopting a robust framework to offer sustainability and increase productivity in the mining industry. This was announced by Anil Kumar Jain, Secretary, Ministry of Coal, Government of India in a CEOs virtual roundtable, Propelling the Mining Industry forward through Sustainable Technologies to enable Aatmanirbhar Bharat, organised by the Federation of Indian Chambers of Commerce & Industry (FICCII), in collaboration with ThyssenKrupp.According to Jain, the objective of offering new reform policies is to increase sustainable technology, for example, green mining, coal ash ponds, and expend environmental development.India is the importer of coal to countries like Australia, Indonesia, South Africa, and others, and is working towards decreasing coal import. Jain hoped that with the adoption of new-age technology, India can reduce various environmental impacts, and can become one of the largest coal exporting hubs. The country can become an export hub for coal, with the immense potential of the new-age technologies.Vivek Bhatia, MD & CEO of ThyssenKrupp Industries India, stated that with the help of increasing technology, competitive mining will increase at a rapid rate that will have a positive impact on the environment. This technology will help to increase operational safety and reduce opex. That will also lower the cost of the present mining system reforms and help in improving and upgrading the carbon footprints.Various factors help in the betterment of the mining industry for several decades, but the two main factors are conventional technologies and business models. Drilling, blasting, fuel and consumables are some of the major constituents in the mining industry. But with the emergence of new technology, it is being hoped that the costs can be significantly reduced with the help of an electrically operated system.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..