Highest Ever number of bids Received in Commercial Auction of Coal Blocks Six Public Sector Companies Submit Bids Peak Rate Capacity of 22 Fully Explored Coal Blocks comes to 85.62 Million Ton per Annum The auction process of 141 coal/lignite mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on […]
Why India’s New Coal Mines Won’t Solve its Power Crisis: Global Energy Monitor (GEM) – EQ Mag Pro
A temporary coal shortage has emboldened the Indian government to press ahead with plans to develop 99 new coal projects with production of 427 million tonnes per year (mtpa), according to a briefing by Global Energy Monitor (GEM). Land for new coal projects continues to be auctioned despite the government’s pledge to achieve net zero […]
Reliance Power to eye value accretive growth opportunities
Anil Ambani also said that the company is committed to cleaner and greener power and is undertaking capital expenditure of Rs 3,300 crore to install Flue-gas desulfurization (FGD) in its coal based plants New Delhi: Reliance Power Chairman Anil Ambani on Tuesday said that the company’s focus will be on value accretive growth opportunities while […]