US Co. to start a urea plant in Chandrapur
The Dollar Business Bureau A urea plant worth Rs.6,000 crore to be set up by a US-based firm is underway near the city of Bhadrawati in the Chandrapur district of Maharashtra, informed Union Minister Nitin Gadkari. The concerned project has reached advance levels of negotiations followed by a number of meetings with Chief Minister Devendra Fadnavis and Union Minister of State for Home Hansraj Ahir who represent the area (Chandrapur district), added the Minister for Road Transport and Highways and Shipping. The project has witnessed development with the Maharashtra government already allotting a piece of land to support it along with the Western Coalfields Limited (WCL) agreeing to provide its services for coal linkage. The minister noted that the project would be monetarily beneficial as ...
Commercial coal mining by private firms to benefit consumers
Sai Nikesh D | The Dollar Business Post the recent auction of coal blocks, the Government of India is planning to give the mines to respective states helping them to meet their respective power generation needs. After satisfying the domestic needs ranging from industries to households, the government is further planning to open up commercial mining of coal blocks by private sector, informed Piyush Goyal, Union Minister of Power, Coal, New and Renewable energy. To this effect, the Minister indicated that the process of commercial mining would probably start in the coming year. The Minister further said that the government’s move towards commercial coal mining involving private sector, would ultimately increase the competition and will bring down the rates as a ...
