According to sources, there are 11 mining projects awaiting environment clearance in the state. In the case of JSW Steel the government has cleared the company’s proposal to invest another R15,131 crore to increase its installed capacity to 16 mtpa at its existing plant in Bellary. But if the mining ban is not lifted and mining lease is not provided, it would not be possible to expand the capacity from the current level, an official attached to JSW said requesting anonymity.
The Karnataka government, which is in the thick of controversy over acquisition of land for several big-ticket investors, is in no mood to accept certain changes proposed in the new Land Acquisitio
Coal India is considering switching to a global opentender mode for developing its abandoned mines, a development that could inordinately delay the project.
Bhubaneswar: Apparently not worried over the pace of implementation of mega steel projects like Posco and ArcelorMittal in Odisha, the steel ministry on Friday said that mega projects need time.
New Delhi The new mining Bill cleared by a group of ministers last week envisaging direct benefit to people from the minerals underneath the land they own, also has a provision for setting up a clutch of ultra mega mining plants (UMMPs) in the country.
As per the proposal, state governments will identify locations for large mines with respect to specific minerals such as iron ore, bauxite, chro
The Ministry of Mines, arguing that memoranda of understanding (MoUs) signed by mineral-rich states with steel or mining companies have no legal sanctity and are not enforceable, has directed the states to review existing agreements every six months vis-a-vis results and
