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Sunday, 22 December 19
NMDC DIVERSIFIES INTO COAL MINING - THE HINDU
 Iron ore mining major NMDC has been allocated two coal blocks in Jharkhand for commercial mining by the Union Ministry of Coal.
Both the Rohne and Tokisud North blocks are located in Hazaribagh district and were allocated recently by the Ministry. The allocation was made under Section 5(1) of Coal Mines (Special Provisions) Act 2015 for commercial mining, a release from the public sector enterprise on Thursday said.
The Rohne coal block has coking coal that may require washing of coal for feeding into steel plant. Hence, NMDC is exploring the possibility for setting up of coal washeries. The Rohne coal block has extractable reserves of 191 million tonnes and planned production capacity of 8 MT per annum. The Tokisud North coal block has extractable reserves of about 52 MT of thermal coal and planned production capacity of 2.32 MT per annum. Both the blocks are located at an aerial distance of about 10-15 km.
NMDC will execute allotment agreement of Tokisud North coal block on December 24. The Rohne coal block allotment agreement would be executed as per the directives from Ministry of Coal with respective execution date, the release said.
Chairman-cum-Managing Director of NMDC N. Baijendra Kumar thanked the Centre, especially Steel and Coal ministries for reposing faith on the company as it diversifies into coal. NMDC has set up a coal division at its office in Hyderabad exclusively for looking at coal assets in India to provide linkage to steel and power sector, the release said.
Source: The Hindu
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Wednesday, 13 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
The improvements seen in the dry bulk market during the unexpectedly strong Q3 brought enthusiasm and optimism for a last quarter rally. Indeed as ...
Tuesday, 12 November 19
COAL IMPORTS AT MAJOR PORTS SLIP 18 PC TO 51 MT IN APRIL-OCTOBER - ECONOMIC TIMES
The Indian Ports Association (IPA), which maintains cargo data handled by these 12 ports, in its recent report, said "percentage variation fro ...
Monday, 11 November 19
EMINENT MARITIME ORGANIZATIONS AND INDIVIDUALS WERE HONORED
SHIPTEK 2019 Anchors in Greece for its 12th edition.
Eminent Maritime Organizations and Individuals were honored
Greec ...
Wednesday, 06 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
With less than two months before the end of the year, the shipping and refining industries have already taken measures and invested to accommodate ...
Monday, 04 November 19
COAL INDIA'S OCTOBER PRODUCTION MAY FALL 20% - PTI
Coal India’s production in October is likely to be 19-20 per cent lower at about 40 million tonne, as compared to 49.77 million tonne produce ...
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