On 18 July, as Gautam Adani, Chairman of his eponymous group, addressed his shareholders, he looked resilient in a finely-tailored dark suit and a printed pink tie. He took a quick look at his journey in the last three decades and said the group’s true ambitions lay ahead. A large part of that… Continue reading From ports to mines, Gautam Adani wants all its businesses to go green
Tag: mines
Tata Steel to bid for iron ore mines ahead of expiry of leases in 2030
Premium T V Narendran, managing director and chief executive officer, Tata Steel Tata Steel has built an iron ore chest of nearly 600 million tonnes (mt) and will look out for more as it prepares for life beyond 2030 when its legacy captive mines come up for auction. The lease for four of… Continue reading Tata Steel to bid for iron ore mines ahead of expiry of leases in 2030
Govt auctions 6 coal mines in seventh tranche; NLC, NTPC among winners
State-owned NLC India and NTPC along with three private players have bagged coal blocks in the seventh round of auctions which concluded with the sale of all six mines put under the hammer, an official statement said on Friday. While NLC bagged North Dhadu (Western Part) coal block in Jharkhand with 434 million… Continue reading Govt auctions 6 coal mines in seventh tranche; NLC, NTPC among winners
NTPC, Hindalco, Bajrang Power, Ispat bag coal mines in 7th auction round
NTPC, Hindalco Industries, Bajrang Power and Ispat bagged one mine each during the seventh round of coal auctions. NTPC Ltd bagged the North Dhadu (Eastern Part) coal block in Jharkhand, which has 439 Million Tonnes (MT) of coal reserves, the Ministry of Coal said in a statement on Wednesday. Hindalco Industries bagged… Continue reading NTPC, Hindalco, Bajrang Power, Ispat bag coal mines in 7th auction round
Mines and Minerals Bill passed in RS, special focus on critical minerals
The Rajya Sabha has passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2023. The Bill aims to make amendments to the Mines and Minerals (Development and Regulation) Act, of 1957. The bill has been already passed in the lower house of the parliament on July 28, 2023, and since the bill… Continue reading Mines and Minerals Bill passed in RS, special focus on critical minerals
Jan Vishwas, Mines and Minerals among 3 Bills listed for Rajya Sabha today
Jan Vishwas (Amendment of Provisions) Bill, 2023 and Mines and Minerals (Development and Regulation) Amendment Bill, 2023 are among three Bills listed for the legislative business in the Rajya Sabha for consideration and passage on Wednesday. Besides the two Bills, Forest (Conservation) Amendment Bill, 2023 is also listed in the Upper House for… Continue reading Jan Vishwas, Mines and Minerals among 3 Bills listed for Rajya Sabha today
Supreme Court paves way for auctioning of 50,000 mines in Rajasthan
The Supreme Court on Tuesday paved the way for auctioning 50,000 mines in Rajasthan by setting aside the 2013 verdict of the high court that the leases be granted on the basis of the earlier first come-first serve policy (FCFS). A bench of Justices A S Bopanna and M M Sundresh took note… Continue reading Supreme Court paves way for auctioning of 50,000 mines in Rajasthan