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CAPTIVE COAL MINES
Vedanta Aluminium shares jump over 3% after Citi, Kotak initiate with Buy, see up to 29% upside. Here’s whyVedanta Aluminium Metal shares surged over 3% after Citi and Kotak Institutional Equities initiated coverage with 'Buy' ratings and target ...- Anil Agarwal bets $20 billion on aluminium, steel, and zinc, and says Vedanta is only getting startedVedanta Group Chairman Anil Agarwal announced a $20 billion capital expenditure plan over three years, aiming to triple group businesses. T...
- Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...
- Coal exchange rules issued, focus on price discovery and qualityIndia's coal ministry has unveiled rules for the nation's first coal exchange, aiming for fair pricing and timely fuel supply. This move tr...
- Govt publishes rules for setting up of coal exchangesIndia's government has published new rules for coal exchanges. This move aims to make coal trading more transparent and efficient. Coal pro...
- For investors who can think beyond war and austerity measures: 5 large-caps from different sectors with upside potential of 31%A bounce-back after a correction should not be confused with the disappearance of risk. Geopolitical tensions may have faded from daily hea...
- Rs 1 lakh to Rs 14 crore in 24 years! Hindustan Zinc delivers 1,400x returns since Vedanta’s purchaseHindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has g...
- Govt asks captive coal mines to boost output by 10 MTThe 40 captive coal mines in the country are likely to produce 70 mt of coal this fiscal against the earlier target of 60 mt, officials fam...
- Govt forms panel to find ways to increase output of captive coal blocksThe coal ministry has set up an expert panel headed by former CVC Pratyush Sinha to examine challenges of the current bidding system and su...
- Captive coal mines production rises 34% to 53 million tonnes in FY15Coal production from captive mines last fiscal witnessed a significant rise of 33.64 per cent at 52.769 million tonnes (MT) over the previo...
- Government sets 68 MT output target for captive coal mines in FY15The government has fixed a production target of about 68 million tonnes for captive coal mines allocated to various companies.
- Welcome movement on coal allocationsThe continuing anachronism of public sector monopoly in coal mining does distort the policy regime, leading to delays and high costs.
- Reliance Power starts coal mining for Sasan 4,000 MW ultra mega power projectMining work began at a time when the government is reviewing progress of captive coal mines allocated to various companies.
- Excess coal from captive mines to be used for more purposesThe ministry of coal has decided to allow excess coal produced from captive mines to be used for purposes other than originally intended wh...
- EGoM soon to resolve issue of mining in forestsThe government is expected to set up an empowered group of ministers to resolve the vexed issue of coal mining projects in forest areas, wh...
- 26% equity rule for captive mines soonSteel, cement or power companies that are allocated captive coal mines will have to own a minimum 26% equity in their mining ventures, a mo...
- Cos face loss of captive coal mine allotmentJSPL, JSW Stainless, Hindustan Zinc and Nalco face prospect of losing allotment of captive coal mines with ministry of coal planning to iss...
- Centre plans to cancel coal mines if projects get delayedDelays in implementation of projects may now cost steel and power companies their captive coal mines.
- Metal & power cos may lose captive coal mine allotmentMetal and power companies, including Hindalco, Nalco, Jindal Steel and Power (JSPL), JSW Stainless and Hindustan Zinc, face the prospect of...
- Bank guarantee must for PSUs captive coal minesPublic sector utilities like NTPC, SAIL, Damodar Valley Corporation (DVC), Chhattisgarh Mineral Development Corporation will now have to pr...
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