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Priyadarshi Siddhanta

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Paving way for investors
Sun, Mar 01, 2015

Expert panel to work on replacing multiple permissions.

Five new ultra mega power projects, target Rs 1 lakh cr
Sun, Mar 01, 2015

To be auctioned in plug-and-play mode; clean energy cess on coal to be hiked.

Duty on major minerals may be eased to boost mining
Thu, Feb 19, 2015

To promote coal-fired power generation, the finance minister may also abolish the 2.5 per cent customs duty on coal imports imposed in the last budget.

With slipping prices, PSUs to lose revenue, SteelMin tells Cab secy
Wed, Feb 18, 2015

For SAIL, sales realisation which stood at Rs 942 crore in December 2014 decreased by 13 per cent against Rs 1,081 crore recorded in the same month in 2013.

SAIL, NMDC to set up 6 MT steel plant in Chhattisgarh for R25K cr
Wed, Feb 11, 2015

SAIL’s board had in December approved setting up of a SPV — Chhattisgarh Mega Steel Limited and the state-run steel maker and NMDC will ink an MoU for executing the project.

Centre pockets R6,108 cr from cancelled blocks levy, a week ahead of coal auction
Sun, Feb 08, 2015

The CAG had computed the figure of Rs 295 per metric tonne as additional levy.

Auction 37 non-coal blocks by Mar 10: PMO to MinesMin
Fri, Feb 06, 2015

Move to help govt mobilise revenue of around Rs21K crore.

Lower export duties on iron ore likely; to help mining revival in mineral-rich states
Wed, Feb 04, 2015

Arun Jaitley will soon chair a meeting to explore the possibility of lowering the export duty on iron ore fines.

CoalMin sticks to initial price offer plan; bidders oppose
Tue, Feb 03, 2015

Coal ministry has issued an addendum saying firms bidding for coal blocks will have to pay the IPO during the technical bid process.

After Mozambique buy, ICVL allots Rs12,500 cr for plants
Fri, Jan 30, 2015

Targets 13 million tonne coal production within 3 years/

Tax holidays, I-T benefits needed, says TelecomMin
Fri, Jan 30, 2015

Adding trouble for the sector, a lot of manufacturing has moved to Vietnam due to a predictable regulatory environment and better incentives.

Trade unions plan day-long demonstration, sporadic strikes
Thu, Jan 29, 2015

Another trade union leader said protests planned on Friday may lead to loss of output as “agitated workers are likely to rally against the stake sale

Coal Ministry: Lenders can seek removal of defaulting winners of coal blocks
Sat, Jan 24, 2015

The lenders can serve a substitution notice to the coal ministry and name a company as the substitute.

Govt to send officers to prod states on Mining Ordinance
Fri, Jan 23, 2015

The move is crucial to take states like Orissa on board for ensuring smooth passage of the ordinance in Parliament.

To curb Chinese imports, SteelMin seeks hike in customs duty to 10%
Thu, Jan 22, 2015

A top coal ministry official cited that the steel companies imported 21 MT till October in this fiscal against 37 MT in FY14 and 35 MT in FY13.

Posco, SAIL to set up R18K-cr integrated plant in Jharkhand
Wed, Jan 21, 2015

Venture likely to produce 3 million tonnes of steel per annum.

Rail export deal in hand, SAIL plans R10K-cr plant in Iran
Tue, Jan 20, 2015

Seeks land near Bandar Abbas port; captive access to raw material.

Govt to seed mineral trust with Rs500 cr
Thu, Jan 15, 2015

Holders of mining leases or prospecting-cum-mining leases would pay to the NMET a sum equivalent to 2 per cent of the royalty they pay to the Centre.

Do not insist on indicative offer in qualifying stage for auction, CEOs tell Coal Ministry
Sun, Jan 11, 2015

Bidders would be compelled to bid aggressively to qualify for the financial stage.

Coal auctions hold promise for fuel-starved power sector
Thu, Jan 01, 2015

September 25, the apex court cancelled allocation of 204 blocks, paving way for the government to auction 101 of these mines.

Auction process for 24 coal mines kicks off, govt launches web portal
Fri, Dec 26, 2014

Coal and power minister Piyush Goyal launched the e-auction portal in New Delhi.

Stage set for coal block auctions
Thu, Dec 25, 2014

Cabinet nod, guidelines approved, bidding process for 24 blocks begins today.

‘Need to revisit long-term iron ore export pricing mechanism’
Wed, Dec 24, 2014

Both NMDC and the steel ministry have been traditionally opposed to iron ore exports.

Cabinet clears S Bhattacharya as CIL chief
Wed, Dec 24, 2014

The public enterprises selection board (PESB) had selected Bhattacharya a month ago for the job.

Boost output to meet demand: Govt to NMDC
Thu, Dec 18, 2014

Narendra Singh Tomar has told the company that its performance would be judged vis-a-vis its achievements and this target should be incorporated in the MoU.

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