India’s Ministry of Coal recently held a stakeholders’ consultation on draft mining plan guidelines for coal and lignite blocks on 1 July. The guidelines aim to foster a more sustainable and ethical approach to coal mining. Twenty-five coal and lignite mining companies participated in the event. Additional Secretary Shri M. Nagaraju highlighted the ministry’s dedication to enhancing the regulatory framework…
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India’s Ministry of Coal launched the 10th round of its Commercial Coal Mining auctions on 21 June as it moves to enhance domestic coal production and ensure energy security for the nation. The latest auction round includes 60 blocks, encompassing a diverse range of coking and non-coking coal mines. Among these mines, 24 are fully explored, while 36 are partially…
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The coal industry in India is set to boost its renewable energy capacity from a current 1.7 gigawatts to more than 9 GW by 2030, the country’s Ministry of Coal said. The move is in alignment with the Prime Minister’s ‘Panchamrit’ announcement during COP-26 and to progress towards the goal of net zero carbon emissions by 2070, it said. “With…
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India has launched the second part of its critical minerals auction worth an estimated 30 trillion rupees (about US$362 billion), reported Reuters. Eighteen critical mineral blocks will be auctioned in eight states across the country. The government said 17 of the blocks have been put up for a composite licence, which includes a licence to examine a block and mine…
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Since launching in June 2020, India’s Commercial Coal Mine Auction has successfully sold 91 coal and lignite mines. Six of these mines have already started producing coal and three more are expected to begin production in a couple of months. The Ministry of Coal has so far completed seven rounds of the transparent online auction. It said the ongoing eighth…
Read MoreThe Coal Ministry of India has issued vesting orders for six coal mines and agreements for two mines, bringing the agency’s total so far to 80 under its commercial auction scheme. The ministry said the orders were issued on 14 December; out of the six coal mines whose vesting orders were issued, two coal mines are fully explored mines and…
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Scania Commercial Vehicles in India has inked an exclusive partnership with PPS Motors, giving the latter the role of its sole representative for the OEM’s mining tippers in India. Scania officials said the pairing will ensure it has Pan India coverage for its sales and service operations. “The company provides tailor-made solutions by detecting, analyzing, and continuously optimizing critical points…
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An Indian government source said the country’s federally administered region of Jammu and Kashmir will auction its estimated 5.9 million tonnes of lithium reserves over the next few weeks, reported Reuters. Read full story here.
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Austin Engineering has received purchase orders for four haul truck trays from an undisclosed iron ore producer in India, potentially opening up a substantial new market opportunity for its Asia-Pacific business. Full story.
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Indiana, U.S.-based Allison Transmission has confirmed a new letter of intent (LOI) with equipment maker SANY to supply the Allison 4000 Series transmission for SANY’s SKT105 96-ton wide body mining dump (WBMD) truck for the India market. Full story.
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