The coal ministry on Thursday decided to de-allocate 11 captive coal blocks including three mines of Jindal Steel and Power, besides forfeiting the bank guarantees of six firms and asking five to e

Company plans to ramp up the capacity of the Gua mines to 10 MTPA from 2.4 MTPA at an investment of about Rs 3,000 crore.

Intensifying its drive against firms sitting idle on mines, the Inter-Ministerial Group (IMG) on coal blocks has recommended deallocation of 11 blocks given to companies like JSPL and Monnet Ispat

The state-owned company is gearing up to increase its steel making capacity by up to 50% to 21 mn tonnes by this fiscal

State-owned SAIL is scouting for new iron ore mines in several states, including Madhya Pradesh, Chhattisgarh, Odisha and Karnataka, as it is gearing up to increase its steel making capacity by up to 50 per cent to 21 million tonnes by this fiscal.

Korean steel giant is fed up over delay in land acquisition

South Korean steel giant Posco has called off its decision to invest Rs 32,300 crore to set up a six-million-tonne-per-annum steel plant in Karnataka. The decision follows prolonged delay in the acquisition of land by the state government at Halligudi, in Gadag district.

E-auction launch in the state has been delayed amid pending written consent from the CEC

The Odisha government will have its next meeting with the Supreme Court appointed central empowered committee (CEC) in August to have the final round of negotiations on rolling out the proposed e-auction in the state to sell key bulk minerals like iron ore and chrome.

Govt refuses to budge preparing the field for face-off

The tussle between the state government and miners over the recent order on mining stamp duty has hit a new pitch as the former refused to relax the deadline for collection of the levy.

- Rs 3800 crore earmarked for projects

Jamshedpur : Steel Authority of India (SAIL), through its raw material division (RMD), is set to invest around R70 crore this fiscal in three iron ore mines in Jharkhand and Orissa, in order to mak

Continuing with the strong action as suggested by the Inter Ministerial Group (IMG) for not developing the coal mines, the Coal Ministry has issued show-cause notices to 12 companies, including pub