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Cairn extends repayment period of $1.25-billion loan to Vedanta arm

Cairn India has extended the repayment period of its $1.25-billion loan to its group company by two years. Cairn India Holdings Limited (CIHL), an overseas subsidiary of Cairn India Limited, has decided

12 May 2016

Mining

JSPL to sell some steel assets, enter renewables sector

CEO Ravi Uppal says JSPL working to completely divest ‘certain assets within its steel and mining business’ to improve its liquidity and reduce debt. Jindal Steel and Power Ltd (JSPL) will sell

06 May 2016

Mining

JSW Energy to acquire JSPLâ€™s 1,000-MW plant for â‚¹6,500 cr

JSW Energy plans to acquire Jindal Steel and Power’s (JSPL) 1,000-MW thermal power plant at Raigarh in Chhattisgarh for up to â‚¹6,500 crore, subject to conditions. The ‘family deal’ –– JSW Energy

05 May 2016

Mining

Coal ministry to allot five mines to power utilities soon

The coal ministry has identified five coal mines for allocation to state-owned power utilities in an effort to smoothen power supply to consumers, a senior ministry official told ET. The blocks, which

02 May 2016

Mining

NMDC share sale coincides with rising iron ore prices

The sharp uptick also reflects the fact that domestic steel production has stabilized after the government’s measures to limit imports. It’s a good time for the government to contemplate an offer for sale

25 Apr 2016

Mining

Norway pension fund exits coal firms for IT, auto

To promote green energy sources, Norway’s Government Pension Fund Global has sold off its equity investments in Indian coal-producing/user companies and increased exposure in favour of infotech, automobile and banking sector, statistics

19 Apr 2016

Mining·Power & Energy

States to put 100 more mines on auction by year-end: Narendra Singh Tomar

States will offer 100 additional mines bearing minerals such as iron ore, bauxite and limestone for auction by 2016-end, Steel and Mines Minister Narendra Singh Tomar said today. The Minister said that

18 Apr 2016

Infra·Mining

Govt lets NTPC dispose of fly ash in mine void for 1 more yr

The Union Environment Ministry has allowed the state-owned power generator NPTC for one more year to continue to dispose of fly ash generated from its Talcher plant in Odisha in a mine

18 Apr 2016

Mining

Peabody, worldâ€™s top private coal miner, files for bankruptcy

Peabody’s bankruptcy filing ranks among the largest in the commodities sector since energy and metals prices began to fall in the middle of 2014 Peabody Energy Corp, the world’s largest privately owned

14 Apr 2016

Infra·Mining

Naveen at Modi’s door with coal plea

Chief minister Naveen Patnaik today requested Prime Minister Narendra Modi to ensure that a state-run power firm got a coal block in lieu of the one at Tentuloi, where mining costs are

13 Apr 2016

Infra·Mining

Mining - Page 13

Cairn extends repayment period of $1.25-billion loan to Vedanta arm

JSPL to sell some steel assets, enter renewables sector

JSW Energy to acquire JSPLâ€™s 1,000-MW plant for â‚¹6,500 cr

Coal ministry to allot five mines to power utilities soon

NMDC share sale coincides with rising iron ore prices

Norway pension fund exits coal firms for IT, auto

States to put 100 more mines on auction by year-end: Narendra Singh Tomar

Govt lets NTPC dispose of fly ash in mine void for 1 more yr

Peabody, worldâ€™s top private coal miner, files for bankruptcy

Naveen at Modi’s door with coal plea

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Mining - Page 13

Recent Posts

India Cargo

Precast

Conex

Green

IME

ISME

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