Search Result for : Coal Mine

The Dollar Business Bureau China will ban the imports of coal from July 1 at small ports, according to a report by the state-run newspaper - China Securities Times on Wednesday. China, the world's largest coal consumer, tightens the supply of this fuel as part of its efforts to manage glut as well as smog. The move to ban coal imports is one of the latest attempts by the country to control the coal supply during summer and also to support the prices, which have fluctuated in the previous year in the wake of a series of regulations which are aimed to keep the prices of the fuel high enough so that they can support the miners.  The ban will only cover tier II ports that were set up with approvals ...

PTI A top Adani Group official today met Chief Minister Captain Amarinder Singh and evinced interest in expanding investments in Punjab. President and chairman of several key companies of the Gujarat-based group, Pranav V Adani, met Chief Minister Captain Amarinder Singh here today to discuss possible areas of investment in Punjab. The Group already runs a solar power generation unit in Bhatinda in Punjab and has expressed interest in expanding presence in the state to several other important areas of progress and development, an official spokesperson said after the meeting. The Chief Minister invited Adani to share a brief on the various possible areas of cooperation with the state. Captain Amarinder Singh welcomed the possibility of greater investment by the Group in ...

The Dollar Business Bureau West Bengal Power Development Corporation is expecting to use coal from captive mines with a view to fuel its power generation units by October-November. The WBPDCL officials said that they are expecting to restart the mining activities in their own mines by October to November which would in turn help in mitigating power tariff. They also added that the de-allocation of the existing captive blocks by the centre in 2014 and also the arrangements of JVs to mine coals were scrapped forcibly. This has resulted in the disruption of supply of fossil fuels from captive sources. Coal India was able to match the gap and also acted as a boon to WBPDCL as the dry fuel demand had shrunk. WBPDCL consumes ...

Source: PTI    In a relief to Indian mining giant Adani Group, an Australian court on Tuesday rejected a bid by environmentalists to stop its $16.5 billion controversy- hit coal mine project, but said the firm has “exaggerated” the economic benefits including the amount of jobs and royalties. The mega project in Queensland's Galilee Basin, which would become Australia’s largest coal mine, was challenged by Conservation group Coast and Country in Brisbane Land Court on the ground that it would affect groundwater, climate change and biodiversity, including black-throated finches, an endangered species. Conservationists fear that the project threatens the fragile Great Barrier Reef and vulnerable species while worsening global climate change. Land Court president Carmel MacDonald recommended state Environment Minister Greg ...

Source: PTI India has conveyed its disappointment to Australia over the derailing of mining giant Adani's controversial $16.5 billion project in Queensland on issues relating to environment. Indian High Commissioner Navdeep Suri on Tuesday said the matter was discussed with Australian Trade Minister Andrew Robb during a trade and investment meeting held recently. “We did speak about the Adani Carmichael project in Queensland and I shared our disappointment over recent developments,” Suri said. Stating that Australian Prime Minister Tony Abbott was also in favour of the Indian mining giant's Australian project, Suri said, “we hope that the outstanding issues can be resolved speedily and to mutual satisfaction.” On a query if the Adani's project issue could dent bilateral relations, Suri stressed the ...