The coal supply to Non-Regulated Sector (NRS) is through Fuel Supply Agreements (FSAs) based on their long term linkage /Letter of Assurance (LoA) as recommended by Standing Linkage Committee (Long-Term). The coal supply to the steel Public Sector Units (PSUs) is also through Memorandum of Understanding (MoU). Ministry of Coal vide letter No. 23011/51/2015-CPD (Pt-I) dated 15.02.2016 issued policy guidelines for Auction ...
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12th Biennial International Conference & SPG India inaugurated
18 November 2017, Jaipur: The 12th Biennial International Conference & Exposition of Society of Petroleum Geophysicists (SPG) India was inaugurated by Union Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship at Jaipur today. The three days International Conference & Exposition of SPG India will remain open till 19th November 2017. During his second consecutive visit to SPG ...
Read More »Transform Poor Odisha to a Rich One through Mineral Based Industries
Minerals along with the availability of sufficient water, land and man power resources, Odisha should have been the leading state in India for production of large amounts of energy as well as various types of metals and alloys. It is expected that, the integrated iron and steel, special steels, sponge iron, ferro alloys, aluminium and aluminium alloys and strategic metal ...
Read More »THE IRON ORE DEPOSITS OF ODISHA: STRATEGIES TO AUGMENT THE RESOURCES
A peep into the stratigraphy of iron ore can give some scope of locating iron ore at deeper level, which is not mineable with present mining technology. There are other resources in the freehold areas which could be included in the mining leases to add to the dwindling resources. The crises of meeting the needs of steel making industries, we ...
Read More »Coal Allocations adopt Transparent Mechanism
A policy on “Signing of Fuel Supply Agreements (FSA) with Letter of Assurance (LoA) holders of Thermal Power Plants (TPPs) – Fading Away of the existing LoA-FSA Regime and Introduction of a New More Transparent Coal Allocation Policy for Power Sector, 2017 – SHAKTI (Scheme for Harnessing the and Allocating Koyala (Coal) Transparently in India)” has been issued on 22.05.2017. ...
Read More »Coal Imports to India Reduced
Coal imports have fallen from 217.78 Mte in 2014-15 to 203.95 Mte in 2015-16 and further to 190.95 Mte. in 2016-17. The trend of fall in import of coal has continued in 2017-18. This was stated by Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy and Mines in a written reply to a question ...
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