Fearing delays in holding fresh auctions of 288 mining leases slated to expire in March next year, the Indian mining industry has sought a ten-year extension of leases for these mines until 2030. The Federation of Indian Mineral Industries, in a presen…
Miners seek 10-year extension for Indian mining leases expiring next year Read More »
Moving against a general trend among Indian miners of closing down underground mines, State-run Singareni Collieries Company Limited (SCCL) has started work on developing a new underground mine in the southern state of Telangana.
SCCL will develop the…
India’s SCCL developing greenfield underground coal mine Read More »
The Indian electricity regulator has amended rules to revive an erstwhile window through which domestic thermal power generation companies were able to claim compensation for the additional costs of importing coal in the case that State-miner Coal Indi…
Cairns Oil & Gas, an arm of London-headquartered Vedanta, has been granted approval to conduct an environmental impact assessment (EIA) for oil and gas exploration in the southern states of Tamil Nadu and Puducherry, triggering a political storm in…
Indian industry representative bodies have requested that states first secure all regulatory approvals, such as environmental, forest and surface rights, for mineral assets, put into special purpose vehicle (SPVs), that go up for auction. The industry …
Indian mining industry seeks SPV route for speedier auction of new mineral blocks Read More »
Rising consumption and falling domestic production has increased India’s crude oil import dependency to 83.7% during 2018/19, compared with 82.9% during previous financial year, data from Petroleum and Natural Gas Ministry has showed.
Despite Prime Mi…
Indian crude oil import dependency surges to 84% Read More »
Indian oil and natural gas exploration and production major ONGC has shifted rigs and personnel operating in the Bay of Bengal as a precautionary measure ahead of Cyclone Fani, which is expected to make landfall along the coastline of the eastern state…
Indian eastern states prepare to face Cyclone Fani Read More »
India’s Steel Ministry is seeking to simplify and further liberate mining policy, including combining the two-stage auction of mineral blocks into a single stage bidding process. The Steel Ministry feels that single stage bidding for mineral blocks wil…
India’s Steel Ministry eyes alternate mineral auctions Read More »
ndia’s Petronet LNG Limited has proposed constructing a liquefied natural gas (LNG) floating storage regasification unit (FSRU) in Andaman and Nicobar Islands.
It has submitted an application to sector regulator Petroleum and Natural Gas regulatory Bo…
Petronet applies to construct new LNG terminal Read More »
India’s apex industry representative body, the Federation of Indian Chambers of Commerce and Industry (FICCI), said that the mining sector has not witnessed any big investment by global mining giants despite 100% foreign direct investments being allowe…
Indian industries decry lack of foreign investment Read More »
