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Coal Ministry Issues Allocation Orders to three Coal Mines

Coal Ministry Issues 48 Allocation Orders to three Coal Mines

Government allots three additional coal blocks for industrial mining operations

Addnl. Secretary of Coal stressed on participation of private sector

Coal mine auctions: Commercial tranche 2 gains traction

India’s second tranche of commercial coal auctions gains traction with at least 50 tender documents purchased by bidders

Govt to form new policy for project funding in coal mining

The govt is framing the policy to support private commercial mining in India

Govt to meet bidders in second phase of commercial coal mining auction

The Ministry of Coal said the govt plans to adopt a “rolling auction” scheme

Technology plays key role in mine productivity

India has not yet been able to create a vibrant ecosystem for mineral exploration. Ritabrata Ghosh, Associate Head, Corporate Sector Ratings, ICRA, explains the importance of adopting advanced technologies for better output, and the scenario in the Indian mining space.

First Komatsu 300T electrical shovel in India

Komatsu and L&T had bagged this order from Coal India for supply, erection and commissioning of four units of PC3000-6 (16 cum) face shovel with electric drive for delivery to SECL.

Mining Equipment: Emerging Opportunities

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.

We will continue to innovate and expand

The construction industry had phenomenal growth for four years till 2018 where industry volumes doubled from 50,000 to close to 100,000 units. In 2019, however, construction equipment volumes dropped by 20 per cent.

Coal output continues to fall YoY

However, output marginally up in May over April.

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