亚博体育官网首页

Coal Ministry Targets Import Reduction
COAL & MINING

Coal Ministry Targets Import Reduction

The Indian Ministry of Coal is intensifying its efforts to reduce coal imports by prioritizing the swift operationalization of coal blocks. This initiative is in response to the country's growing energy demands and aims to enhance domestic coal production capabilities. The ministry has set a goal to operationalize 58 new coal blocks by the end of the financial year 2024-25. These blocks, once fully operational, are expected to significantly contribute to the reduction of coal imports and bolster energy security in India.

To achieve this target, the ministry is collaborating with various stakeholders, including state governments and private sector entities. They are working on streamlining the clearance process, addressing land acquisition issues, and ensuring the timely availability of infrastructure support. The ministry is also focusing on leveraging advanced technologies and sustainable mining practices to enhance efficiency and minimize environmental impact.

The push for rapid operationalization is part of a broader strategy to increase domestic coal production and decrease reliance on imports, which have been a significant burden on India's economy. The ministry is confident that with the successful operationalization of these coal blocks, the country will witness a substantial decrease in coal imports, thereby saving foreign exchange and strengthening the domestic coal industry.

In addition to operationalizing new coal blocks, the ministry is also emphasizing the need for efficient management of existing coal resources. This includes optimizing production processes, improving transportation logistics, and ensuring better coordination between various departments. The ministry's proactive approach aims to create a robust and self-sufficient coal sector that can meet the nation's energy requirements sustainably and efficiently.

The Indian Ministry of Coal is intensifying its efforts to reduce coal imports by prioritizing the swift operationalization of coal blocks. This initiative is in response to the country's growing energy demands and aims to enhance domestic coal production capabilities. The ministry has set a goal to operationalize 58 new coal blocks by the end of the financial year 2024-25. These blocks, once fully operational, are expected to significantly contribute to the reduction of coal imports and bolster energy security in India. To achieve this target, the ministry is collaborating with various stakeholders, including state governments and private sector entities. They are working on streamlining the clearance process, addressing land acquisition issues, and ensuring the timely availability of infrastructure support. The ministry is also focusing on leveraging advanced technologies and sustainable mining practices to enhance efficiency and minimize environmental impact. The push for rapid operationalization is part of a broader strategy to increase domestic coal production and decrease reliance on imports, which have been a significant burden on India's economy. The ministry is confident that with the successful operationalization of these coal blocks, the country will witness a substantial decrease in coal imports, thereby saving foreign exchange and strengthening the domestic coal industry. In addition to operationalizing new coal blocks, the ministry is also emphasizing the need for efficient management of existing coal resources. This includes optimizing production processes, improving transportation logistics, and ensuring better coordination between various departments. The ministry's proactive approach aims to create a robust and self-sufficient coal sector that can meet the nation's energy requirements sustainably and efficiently.

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement