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Priyadarshi Siddhanta

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Coal Ministry may ask discoms to get clearances before bidding
Sun, Jun 28, 2015

In the proposed auction methodology, a bidder would be required to quote separate figures for variable charges (escalable and non-escalable) and fixed charges at the delivery points mentioned by the discoms.

No need to allocate CIL coal for PSUs in unregulated sector
Sat, Jun 27, 2015

The coal ministry has decided to auction Coal India Limited’s (CIL) linkages, which the state-run miner signs with its buyers in the form of fuel supply pacts.

Mineral-rich states told to start auction process, announce bidding dates
Mon, Jun 22, 2015

The mines ministry has tried to sweeten the bid criteria by proposing that preferred bidders would not be required to pay upfront payment or royalties at the prospecting licence stage.

DMFs still to be a reality in most mining states
Sun, Jun 21, 2015

Fresh holders of a mining lease or a prospecting licence-cum-mining lease to pay the DMF an amount equivalent to one-third of such royalty.

Farraka Barrage: The tale of two countries and one river
Wed, Jun 17, 2015

The 2,245 metre barrage has 123 gates and by the government’s own admission some of them have outlived their economic life and serviceability. It demands immediate repairs.

New govt, old hurdles: Curbing illegal mining
Tue, Jun 16, 2015

Stringent penal provisions have been incorporated in the fresh Act under which the states have been empowered to set up special courts for speedy trial of unlawful mining cases.

Small bidders wary of methodology for CIL output auction
Mon, Jun 15, 2015

Auction stops when bids are received for the auction quantity offered.

Steel projects: SPVs, the govt’s new mantra
Wed, Jun 10, 2015

It is learnt that Posco and SAIL are working out to jointly set up a steel project through SPVs in addition to the South Korean firm’s proposed Rs 52,000 crore plant at Jagatsinghpur in Odisha.

Forging mergers: SteelMin’s answer to rising competition
Wed, Jun 03, 2015

The steel ministry is exploring mergers of some of its units so that the companies can have adequate financial wherewithal to upgrade their operational ability.

Cheaper Chinese imports: Steel firms meet FM Arun Jaitley
Wed, Jun 03, 2015

The finance minister had hiked import duty on certain steel products and also kept peak custom duty hike to 15 per cent as an enabling provision for the future in the Budget 2015-16.

We’re helping states to auction mines: Tomar
Thu, May 28, 2015

The raw material insecurity for end use steel plants would end within six months as the auction of prospecting and mining leases for 199 mines is likely to be commenced soon by the states.

Foreign players should pursue Indian projects, will provide assistance: Narendra Singh Tomar
Thu, May 28, 2015

Between taking charge of mines ministry and announcing the government’s decision to auction iron ore mines, the Odisha government could have processed Posco’s mining concession proposal, but it did not happen.

Non-coal mine bids: States insist on clearances first
Sat, May 23, 2015

Without requisite clearances, states feel they will fail to attract desired bids.

Coal auction Spectrum sale method likely to be followed
Thu, May 21, 2015

15-member committee suggests mechanism is suitable.

Project Watch: IISCO, Burnpur
Wed, May 20, 2015

After being in oblivion for some time, IISCO’s steel plant in Burnpur (West Bengal) saw the light of day after 10,000 people — engineers, workmen and about 100 foreign experts — laboured for the past five months. The plant holds significance because the Indian Iron and Steel Company’s (IISCO) plant at Burnpur is one of […]

Cheap steel crackdown: Centre may seize poor quality imports
Sun, May 17, 2015

Those sellers failing to conform to BIS standards risk being raided and searched by the appropriate authority.

PM Modi asks Centre, states to work as Team India; Mamata agrees
Mon, May 11, 2015

Asserting that Prime Minister and Chief Ministers would act as a team which would take India forward, he said, "Delhi alone will not rule India.

To boost output, CIL keen on using UAVs
Sun, May 10, 2015

According to the coal ministry, CIL loses over Rs 100 crore each year and concerned state governments sustain over Rs 25 crore each year due to illegal quarrying coal and its pilferage.

2K wagons to pull CIL coal to hungry power units
Wed, May 06, 2015

CIL, with cash reserves worth Rs 60,000 crore, is eager to buy wagons to help transport nearly 48 MT coal lying at the pitheads of various mines to help ferry fuel to the 50 TPPs.

CoalMin to auction 20 scattered blocks
Wed, May 06, 2015

The mines together have 50-60 mn tonnes of reserves.

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