Government brings consultant to assist coal block allottees

21 Dec 2020 Editorial Team

Several reports have been floating about the insufficient progress in the development of coal blocks that were allotted to various entities a while ago. On Thursday, the centre engaged a consultant to assist entities in overcoming the challenge and making mines productive as added by an official. Additionally, the government aims to conduct the next round of coal block auctions dated for January.

The Coal Ministry’s additional secretary M Nagaraju said a consultant would guide through the process. The official added that several blocks often get stuck at various levels of progress.

Mining companies often complain about delays in gathering environmental as well as other regulatory clearances.

Additionally, the centre has offered coal blocks to the state gencos with a production potential of nearly 150-160 million tonne a year. Whereas, 19 mines have a potential of extracting 50-51 million tonne annually. They have been auctioned for commercial mining.

Strict action is taken by the government against entities indulging in the slow progress of coal block development. According to the official, coal will be the main source of energy for the coming 30-35 years.

Real Estate

03 Apr 2026

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..