The newly formed joint venture (JV) of Indian government mineral companies has entered into a lithium-ion battery manufacturing business, linked to its plans to acquire lithium and cobalt mineral assets overseas.
The lithium-ion battery manufacturing …
Indian consortium plans EV battery plant linked to overseas lithium acquisitions Read More »
India’s Shipping Ministry has drawn up guidelines for setting up floating storage regasification units (FSRU) for liquefied natural gas (LNG) at all major ports in the country.
The new guidelines aim to promote a shift from land-based LNG storage ter…
India’s Shipping Ministry unveils guidelines of LNG FSRU at all major ports Read More »
Barely a week after starting the process, India’s Coal Ministry has called off the auction of coal blocks.
In a notification the Ministry said, “the sixth and seven tranche of coal block auction stands cancelled,” without stating any reasons.
India’s Coal Ministry cancels coal block auction Read More »
The Deocha-Pachami coal block, in the east Indian state of West Bengal, and billed as the largest single-location reserve in Asia, is likely to be developed by the state government in collaboration with mining majors in Poland.
Several rounds of talks…
Polish mining majors keen to develop Asia’s largest coal block Read More »
India’s Coal Ministry has taken the first step to get the much delayed coal block auctions for private miners under way, but uncertainties loom large over timelines with the national elections just round the corner. The Coal Ministry last week floated …
India’s Coal Ministry moves to get coal auction under way Read More »
The Indian government will grant reconnaissance permit (RP) holders a ‘first right of refusal’ in cases where a mineral block is put up for auction wherein the RP holder has established evidence of minerals. The move is aimed at boosting sentiment amon…
India approves ‘first right to refusal’ to mineral reconnaissance permit holders Read More »
India’s Singareni Collieries Company Limited’s (SCCL’s) bid to expand its mining footprint beyond the southern region received a boost with news from the Coal Ministry that it may be allocated a new coal block in Odisha in the east. Sources say that th…
SCCL likely to secure second coal block outside its hinterland Read More »
India’s national oil, gas exploration and production major, ONGC Limited, has concluded long-term sale and purchase agreements for a total of 9.5-million tons a year from future production from its Rovuma Offshore Area I, in Mozambique, the company ann…
ONGC Videsh, partners sign deal to sell LNG from Mozambique’s Rovuma offshore Read More »
The mining industry in India has requested that the Mines Ministry include a provision in auction rules that will prevent successful bidders hoarding resources. The industry has pointed out that a large number of bidders at mineral block auctions aggre…
India’s Assocham wants to put stop to ‘resource hoarding’ Read More »
n a bid to increase domestic output and fuel investments in the sector, the Indian government has approved offering marketing and pricing freedom to oil and natural gas exploration and production (E&P) companies for their yet-to-be developed assets…
India offers fresh incentives to oil, gas E&P companies Read More »
