Telangana Explores Coal Block Rights for SCCL Expansion

29 Sep 2025 CW Team

Chief Minister A. Revanth Reddy noted that SCCL was excluded from auctions for major coal blocks at Sattupalli and Koyagudem during the previous administration, forcing the company to forgo rights to blocks within its existing holdings. This exclusion is estimated to have caused a revenue loss of Rs 60 billion and potential profit loss of Rs 15 billion.

Representations from workers’ unions and stakeholders prompted the Government to explore remedial measures. “Shall we scrap the previous tenders? Or shall we pay above the bid amount to convince the Central Government to hand over the mining rights of the two blocks?” the Chief Minister asked at a press conference in Hyderabad on Monday, 22 September 2025.

Deputy Chief Minister Mallu Bhatti Vikramarka added that the Government is seriously considering resuming the two mining blocks and plans to represent the State’s position to the Central Government, seeking intervention to transfer mining rights to SCCL.

The administration has also directed discussions with SCCL workers’ unions and stakeholders regarding the company’s expansion plans. “We want Singareni to survive. Given its vast experience, the firm should compete with the private sector, including multinationals, in mining coal and other minerals,” he said.

Regarding the drop in coal prices following GST rate rationalisation, the Chief Minister acknowledged the financial strain on both SCCL and power distribution companies. The State is evaluating cross-subsidisation measures and may request viability gap funding from the Central Government to offset projected losses.

Telangana expects a revenue shortfall of Rs 7 billion due to GST rate changes. “The Central Government must provide viability gap funding as these losses arise from its decision. The State cannot be left to manage them alone,” the Chief Minister asserted. A formal communication to Union Minister of Coal and Mines G. Kishan Reddy is expected to seek such funding.

The Telangana Government is exploring options to secure mining rights for two coal blocks adjoining existing Singareni Collieries Company Limited (SCCL) blocks. The move aims to supplement SCCL’s production as its reserves gradually deplete.Chief Minister A. Revanth Reddy noted that SCCL was excluded from auctions for major coal blocks at Sattupalli and Koyagudem during the previous administration, forcing the company to forgo rights to blocks within its existing holdings. This exclusion is estimated to have caused a revenue loss of Rs 60 billion and potential profit loss of Rs 15 billion.Representations from workers’ unions and stakeholders prompted the Government to explore remedial measures. “Shall we scrap the previous tenders? Or shall we pay above the bid amount to convince the Central Government to hand over the mining rights of the two blocks?” the Chief Minister asked at a press conference in Hyderabad on Monday, 22 September 2025.Deputy Chief Minister Mallu Bhatti Vikramarka added that the Government is seriously considering resuming the two mining blocks and plans to represent the State’s position to the Central Government, seeking intervention to transfer mining rights to SCCL.The administration has also directed discussions with SCCL workers’ unions and stakeholders regarding the company’s expansion plans. “We want Singareni to survive. Given its vast experience, the firm should compete with the private sector, including multinationals, in mining coal and other minerals,” he said.Regarding the drop in coal prices following GST rate rationalisation, the Chief Minister acknowledged the financial strain on both SCCL and power distribution companies. The State is evaluating cross-subsidisation measures and may request viability gap funding from the Central Government to offset projected losses.Telangana expects a revenue shortfall of Rs 7 billion due to GST rate changes. “The Central Government must provide viability gap funding as these losses arise from its decision. The State cannot be left to manage them alone,” the Chief Minister asserted. A formal communication to Union Minister of Coal and Mines G. Kishan Reddy is expected to seek such funding.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Infrastructure Energy

05 Aug 2026

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Infrastructure Urban

05 Aug 2026

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..