Govt to set up for 8 coking coal washeries

01 Jul 2024 CW Team

According to M Nagaraju, Additional Secretary at the Ministry of Coal, India's coal sector is poised to increase its production to approximately 1.1 billion tonnes next year, marking a compound annual growth rate of 11% over the past two years. Nagaraju outlined the government's robust plan for the coal sector, which includes a significant focus on reducing import dependencies and enhancing domestic capabilities. Nagaraju stated that the government has initiated the coking coal mission with a strategic target to reach 140 million tonnes of coking coal production by 2030. As part of this plan, eight coking coal washeries will be established to meet the increasing demand from the steel sector. Nagaraju expressed the government's goal to be self-sufficient in coal production by 2029?30 and be in a position to supply coal to other countries. Furthermore, the Ministry of Coal is finalising a policy that will facilitate the washery route for coking coal, which will help in offering washed coking coal to the steel industry for blending with imported coal. This move is aimed at enhancing the quality of domestic coal and reducing the steel sector's reliance on foreign coal. In addition to these initiatives, the government is also promoting coal gasification with an allocation of Rs 8,500 crore to support the set-up of coal gasification plants by both the private and public sectors. Nagaraju highlighted the potential for diversification within the coal industry through this initiative. Avinash Kumar Mishra, Executive Director (Coal) at the Railway Board, emphasised the logistical support being planned to aid the coal sector. He noted that the railways would offer specialised wagons for transporting coal, particularly for the emerging coal gasification market. Mishra also mentioned the significant improvement in coal availability over the last two years, attributing it to increased imports, which are expected to reduce as domestic production escalates.

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..

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..

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..