Jindal Steel and Power bags two coal blocks in Odisha
Steel

Jindal Steel and Power bags two coal blocks in Odisha

Steel major Jindal Steel and Power Limited (JSPL) won two coal blocks for the purpose of commercial coal mining in Odisha by offering a revenue share of 15.25%.

As per an official statement, Utkal B1 and B2 are the coal blocks having geological reserves of 347 million tonnes (mt) along with a peak rated capacity of 8 million tonnes. Twenty First Century Mining Private Limited has won a coal mine in Jharkhand by offering a revenue share of 6%. The Rabodih OCP coal block comprises geological reserves of 133 mt along with a peak rated capacity of 2.50 mt.

BS Ispat has won the Chinora coal mine in the state of Maharashtra by offering a revenue share of 53%. The mine comprises geological reserves of 18 mt along with a peak rated capacity of 0.26 mt.

According to the statement, four coal mines were put up for auction under the CMSP Act on the first day of the e-auction.

The four coal mines have been fully explored. The total geological reserves for the same are 498.10 million tonnes. Cumulative peak rate capacity (PRC) for the four coal mines is 10.76 mt on an annual basis, it said.

Image Source

Also read: JSL profit increases to Rs 5,682.37 crore in Dec quarter

Steel major Jindal Steel and Power Limited (JSPL) won two coal blocks for the purpose of commercial coal mining in Odisha by offering a revenue share of 15.25%. As per an official statement, Utkal B1 and B2 are the coal blocks having geological reserves of 347 million tonnes (mt) along with a peak rated capacity of 8 million tonnes. Twenty First Century Mining Private Limited has won a coal mine in Jharkhand by offering a revenue share of 6%. The Rabodih OCP coal block comprises geological reserves of 133 mt along with a peak rated capacity of 2.50 mt. BS Ispat has won the Chinora coal mine in the state of Maharashtra by offering a revenue share of 53%. The mine comprises geological reserves of 18 mt along with a peak rated capacity of 0.26 mt. According to the statement, four coal mines were put up for auction under the CMSP Act on the first day of the e-auction. The four coal mines have been fully explored. The total geological reserves for the same are 498.10 million tonnes. Cumulative peak rate capacity (PRC) for the four coal mines is 10.76 mt on an annual basis, it said. Image Source Also read: JSL profit increases to Rs 5,682.37 crore in Dec quarter

Next Story
Infrastructure Urban

CRCL, IIT Delhi Sign MoU to Boost Science and Ease of Business

The Central Revenues Control Laboratory (CRCL), Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, and the Indian Institute of Technology (IIT) Delhi signed a Memorandum of Understanding (MoU) toward trade facilitation and improving the ease of doing business. This MoU collaboration aims to foster R&D, innovation, and scientific excellence at CRCL, bolstering trade facilitation and regulatory efficiency.The MoU was signed by Prof. Rangan Banerjee, Director, IIT Delhi, and Shri V. Suresh, Director, CRCL, in presence of Shri Surjit Bhujabal, Speci..

Next Story
Infrastructure Urban

CAQM Sub-Committee Activates 27-Point Plan to Improve NCR Air Quality

The daily average AQI of Delhi has been hovering marginally above 200 threshold with forecast of slight improvement since last two days. Today, Delhi’s daily average Air Quality Index (AQI) clocked 213 (‘Poor’ category), as per the daily AQI Bulletin provided by the Central Pollution Control Board (CPCB), owing to variable winds. In wake of the average/ overall air quality of Delhi recording ‘Poor’ air quality category ranging between 201-300, the CAQM Sub-Committee on GRAP met today to take stock of the current air quality scenario of Delhi-NCR. While comprehensively reviewing the a..

Next Story
Infrastructure Urban

DoT Launches Financial Fraud Risk Indicator to Boost Cybersecurity

In a major step towards combating cyber fraud and financial crime, the Department of Telecommunications (DoT) has announced sharing of “Financial Fraud Risk Indicator (FRI)” with stakeholders- an output from a multi- dimensional analytical tool developed as part of the Digital Intelligence Platform (DIP) to empower financial institutions with advance actionable intelligence for cyber fraud prevention. This will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool when digital payment is proposed to be made to such numbers.What is the “Financial ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?