The recent mining reforms by the government have opened up new opportunities for private participation in commercial coal mining and other mineral mining segments. This can create demands for mining equipment and open up ways for more technology adoptions in the coming years.
As per data from the Power Ministry, almost one third of the distressed power plants are unable to repay loans totalling crores of rupees are in Chhattisgarh. The ministry recently submitted a list of 34 such projects to a parliamentary panel on energy.
The Coal Ministry has won four cases related to coal auctions with the Delhi High Court, pronouncing orders against Monnet Ispat & Energy, Jayaswal Neco Industries, Bhushan Power & Steel, and Utkal Coal.