Cos with Pellet Plants to Get Priority in Mine Allocation
Move to incentivise steel plants that invest in improving iron ore facilities
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NZ Co LanzaTech to Help IOC, JSPL Set Up Bio Jet Fuel Plant
The New Zealand-based renewable energy company LanzaTech is in talks with its partners here — IndianOil and Jindal Steel & Power — to help them set up plant to produce commercial bio jet fuel from ethanol,
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Odisha considers Jan 1 as cutoff date to fix prices under new land acquisition law
The date would be applicable for fixing rates of land acquisition cases initiated before 2014 The state government has decided to consider January 1, 2014 as the cutoff date to evaluate the benchmark value of land, the same day when the revised land acquisition law, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (RFCTLAR&R), 2013, came into effect.
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How Sajjan Jindal Turned Steel King to Ore Pauper in 4 Months
Jindal’s JSW Steel has no captive mines & its supply contracts with NMDC have been annulled MV RAMSURYA & RAKHI MAZUMDAR Four months ago, Sajjan Jindal’s JSW Steel raced past Tata Steel to emerge as
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Govt gives forest clearance for 12 coal mines in past 2 months
The government has granted environment clearance for as many as 12 coal mines in the past two months. The ministry of environment and forests, after scrutinising conditions fulfilled, has issued the approvals, some of which include forest clearances, for about 10-12 mine blocks over the past two months, sources said.
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4 Jindal firms gave same fake address
‘28, Najafgarh Road, New Delhi’. This was the address used by four companies of Congress MP and industrialist Naveen Jindal that applied for coal blocks between 2006 and 2009. Two of them — Nalwa Steel
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Probe mining irregularities by JSW, Adani: SC to panel
The Supreme Court on Friday asked its central empowered committee (CEC) to enquire into allegations of mining irregularities by Jindal Steel and Adani Enterprises, based on the Karnataka Lokayukta report.
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Drop plans for bauxite mining in Visakha Agency, says HRF
The Human Rights Forum (HRF) has urged the State and Central governments to drop proposals for mining bauxite in the Agency areas of Visakhapatnam. There was widespread opposition from people belonging to the plains and tribes who had not given their consent for bauxite mining.
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MoEF not to relax guidelines for mining leases executed after Feb 1
Move to hit coal blocks of JSPL, Monnet Ispat In a move that may spell further trouble for beleaguered coal blocks, the Union ministry of environment & forests (MoEF) has ruled out a relaxation of two years for obtaining clearance for the entire forest land within the lease area if mining lease (ML) is not executed before February 1, 2013.
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Govt seeks information on progress in 61 coal blocks
There were 11 companies which were not recommended by Power Ministry but selected by screening committee The coal ministry has sought information from companies on the progress of 61 captive coal blocks allocated to them. The blocks are being reviewed for lapses and the companies have been given three-weeks time to respond before taking a final decision on the cancellation of allocations.
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Coal Min Asks Cos to Submit Proof for Verifying Green Nod
The government has sent fresh notices to private companies asking them to furnish documents to verify the mining lease and green clearances or face cancellation of 61 blocks that have not started production
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CBI files status report in SC on coalgate
The CBI on Monday filed a status report giving details of its probe in the irregularities in coal block allocations. The status report has been filed in a sealed envelope and the Supreme Court might go through it on January 15 when a bench headed by Justice R.M. Lodha will hear a bunch of PILs on coalgate.
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Odisha bends norms on iron ore output cap
Decides to separate captive mining from 57 mn tonne cap The state government has decided to exclude iron ore produced from mines owned by steel makers from its 57 million tonne annual iron ore cap imposed in Joda and Koira mining circle, in order to boost production by nearly 15 million tonne a year.
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Tata, Birla, SAIL among 70 companies violating green norms, says Shah panel
Large-scale violation of environment and forest laws have taken place in Odisa since 1994-95 Top companies — such as SAIL, Tata Steel, the Aditya Birla group’s Essel Mining and Odisha Mining Corp — are among the 70 that have violated environment and forest laws, the M B Shah Commission on illegal mining in Odisha has held.
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Iron ore utilisation policy in the works
The government is formulating an iron ore utilisation policy on the lines of a similar policy currently operating in the domestic gas sector. The move, fuelled by concerns over improper exploitation and
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JSPL in race for Mongolia's coal mine
Ishita Ayan Dutt / Kolkata October 27, 2009, 0:46 IST Naveen Jindal-controlled Jindal Steel & Power Ltd (JSPL) is in the race for Mongolia
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Nalco may partner GMDC for Rs 15,000-cr project
National Aluminium Company (Nalco), the Orissa-headquartered and central government-owned company, has turned out to be the sole final bidder for Gujarat Mineral Development Corporation’s (GMDC) Rs 15,000-crore
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Pvt Cos Join Hands with PSUs to Bid for Afghans Hajigak Mines
Tata Steel, Jindal Steel and JSW along with PSUs to bid for world
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CoalMin warns will cancel blocks of 35 firms
RPG Industries, Hindalco, SAIL, Jindal Steel, Monnet Ispat, GVK Power and Jaiprakash Associates among companies summoned for review The coal ministry has threatened to cancel allocations of reserves held by six companies, including Essar Power, Rungta Mines and the state utilities of Madhya Pradesh and Jharkhand, as part of its ongoing drive against defaulting captive coal miners.
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Rs 5cr to transform tribal village
Bokaro/Ranchi, Nov. 10: Chief minister Arjun Munda today declared that the state government would contribute Rs 5 crore for the development of Luguguru, a tribal religious hub situated some 75km from Bokaro