Tuesday, June 28, 2022
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captive mines

Power crisis: India’s coal production at 661.54 LT in April against requirement of 762 LT

Synopsis: During the month of April, India's total coal production stood at 661.54 lakh tonnes, while the power sector's estimated approximate requirement stood at 762 lakh tonnes. This means that there was a gap of around 100 lakh tonnes between coal production and demand

India’s coal production rose by 2% to 79.54 MT in Feb year-on-year

Synopsis: India's coal production increased by 2 percent to 79.54 Million Tonne (MT) from 77.99 MT during February this year as compared to February 2020. Out of the top 35 coal-producing mines, 14 mines performed more than 100 percent, said the Ministry of Coal

Govt wants to allow captive mines to sell 50% of coal, lignite in open market

The government has floated a draft proposal to amend laws for permitting the sale of 50 percent coal and lignite produced by captive mines

Cabinet approves mineral mining reforms, collapses distinction between captive/non-captive mines

The Union Cabinet has approved a slew of reforms for the mineral mining sector, like collapsing the distinction between captive and non-captive mines

Disinvestment: Govt permits NINL to operationalise its captive mines, sell iron ore in open market

NINL is set to operationalise its captive iron ore mines and sell the produce in the open market as it has received a nod from the Central government

Disinvestment: In 2021, NINL may resume operations fully, restart blast furnace

The year 2021 may augur well for disinvestment-bound NINL and its employees as the plant is likely to see its blast furnace returning to operation

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