CIL to pump in Rs 57,000 crore in 5 years to ramp up output to 908 million tonnes
Coal India Ltd has estimated a capital investment of Rs 57,000 crore over the next five years to increase the production to 908.1 MT.
PM Narendra Modi reviews coal mining projects
Enhancing coal output, expediting crucial rail links for evacuation and status of coal mining p...
CIL's Odisha arm expects 35mt rise in offtake with new rail line
Production from Coal India’s Odisha-headquartered subsidiary Mahanadi Coalfi...
Rail infrastructure upgrade needed for more coal from Talcher: Piyush Goyal
Targeting evacuation of 300 million tonnes of coal per annum from Talcher in Odisha, the Centre sought the state government's support for upgradation of railway network in the region.
Vedanta trims opex, capex in Q2; says market outlook challenging
"While the near-term market outlook is challenging, we believe we have the right mix of commodities to benefit from future demand in India."
Vedanta hopes to ramp up aluminium production after interim OERC order
The company has long been pleading not to be burdened by the cross subsidy cost and to allow it to use power from the IPP by treating it as captive.
Coal India banks on 25 key projects to double production by 2020
For most of these projects, land is yet to be acquired, environmental approvals have to be obtained and transportation of coal by rail has to be arranged.
Vedanta Aluminium goes on workforce reduction, cost cuts
Vedanta is taking bold decisions in the current low price environment. A disciplined approach towards smelter ramp-up in light of current market volatility, it said in a statement.
Aluminium producers to meet PMO to press for import duty hike
International aluminium prices had fallen to $1,523 per tonne on the London Metal Exchange on Tuesday, down from $2,200 in over a year.
CIL ramps up coal evacuation, to procure wagons worth Rs 555 crore
In a bid to ramp up coal evacuation capacity, state-owned CIL is planning to procure wagons with an estimated investment of Rs 555.
Vedanta Aluminium plans restructuring, stops ramp ups at plant
The firm has been facing a challenging environment as commodity prices are undergoing a volatile phase leading to downward pressure on prices, affecting profit.
Vedanta hopeful of resuming iron ore mining in Goa by October
The iron ore industry in the state has been closed since 2012 after a Supreme Court order. The ban was lifted in 2014 but operations are yet to resume.
Coal ministry may allow CIL to hold annual auctions
It has decided to introduce a mechanism to handle issues arising out of supply of coal that is different from the variety promised at the auctions.
Coal India's pithead stock rises to 49 MT
State-owned Coal India's pithead stock has increased by 13 per cent to 48.6 million tonnes as on May 29.
Odisha's poor power linkage policy hit aluminium plant: Vedanta
The NRI-billionaire Anil Aggarwal-led company has set up one of the largest single location aluminium plants at an investment of Rs 52,000 crore.
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