Welspun Group Promoters acquires majority stake in One Industrial Spaces
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Arunachal Pradesh Inaugurates First Commercial Coal Mine at Namchik-Namphuk
Union Coal & Mines Minister G Kishan Reddy and Arunachal Pradesh Chief Minister Pema Khandu inaugurated the Namchik-Namphuk coal mine in Changlang district on Monday, marking the state’s first commercial coal mining project.The ceremony included a ‘bhumi pujan’, a tree plantation drive, and the handover of the mining lease along with the flagging off of tools and machinery by Coal Projects (CPPL), officially commencing mining operations.Addressing the gathering, Minister Reddy called the launch “a symbol of new hope and a significant step towards energy security and regional develo..

Panel to Monitor Rs 59.40 Bn Jharia Coalfield Fire Master Plan
A committee will be formed to oversee the implementation of the Rs 59.40-billion revised master plan addressing the Jharia coalfield fire in Jharkhand and the rehabilitation of affected families.Coal Secretary Vikram Dev Dutt has written to the Jharkhand government, stating that the monitoring committee, co-chaired by the Secretary (Coal) and the Chief Secretary, Jharkhand, will meet regularly to track the progress of the revised Jharia Master Plan (JMP).News source: PTI ..

Vedanta to Invest Rs 132.26 Bn to Boost Aluminium Capacity to 3.1 MTPA
Vedanta, led by Anil Agarwal, plans to invest Rs 132.26 billion to increase its aluminium production capacity from 2.4 MTPA to 3.1 MTPA by FY28, sources said. The expansion is a key part of Vedanta’s growth strategy, positioning aluminium at the centre of the company’s roadmap.The aluminium capacity is expected to reach 2.75 MTPA by FY26 before scaling to 3.1 MTPA by FY28. BALCO, in which Vedanta holds a majority stake, is also set to join the one million tonne production club.Aluminium, the world’s second-most consumed metal after steel, is critical for electric mobility, renewable ener..