Govt aims to curb high-capacity mining equipment imports, boost domestic production
1 year, 7 months ago

Govt aims to curb high-capacity mining equipment imports, boost domestic production

Live Mint  

New Delhi: The government is taking steps to boost domestic manufacturing to slash reliance on imported high-capacity mining equipment, according to the Ministry of Coal. Tasked with encouraging domestic production of heavy earth moving machinery and other underground mining gear, the committee is spearheaded by Coal India Limited’s director. Alongside, CIL is working on standardizing mining equipment to facilitate the deployment of locally produced machinery in coal production, transportation, and monitoring. Promotion of domestic manufacturing not only bolsters India’s industrial sector but also aligns with the tenets of Aatmanirbhar Bharat and the ‘Make in India’ initiative, the Ministry stated.

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History of this topic

India’s coal imports rise to 90.5 MT amid surge in power demand
2 months, 4 weeks ago

India’s coal imports rise to 90.5 MT amid surge in power demand

Live Mint  

New Delhi: India's coal imports during the April-July period of the current fiscal increased 0.9% to reach 90.51 million tonnes compared with 89.68mt in same period last fiscal, the coal ministry said on Wednesday. "This decline underscores India’s steadfast commitment to achieving self-sufficiency in coal production and reducing reliance on imports," it said, adding that coal imports by the non-regulated …

Govt should rationalise customs duty in budget to boost domestic manufacturing: Industry body
5 months, 1 week ago

Govt should rationalise customs duty in budget to boost domestic manufacturing: Industry body

New Indian Express  

New Delhi:The Indian Chamber of Commerce has suggested the government to rationalise customs duties in various sectors including steel, solar battery, aluminum, and lithium cells in a bid to boost domestic manufacturing. ICC President Ameya Prabhu said protective measures are needed for the growth of domestic industry in sectors including steel, solar battery, aluminum, and lithium cells. Huge potential is …

Nine states witness increased coal production during 2022-23: Pralhad Joshi
1 year, 4 months ago

Nine states witness increased coal production during 2022-23: Pralhad Joshi

Live Mint  

New Delhi: India reported a significant increase in coal production in the 2022-23 fiscal year, with nine states witnessing substantial growth in their mining activities, according to a written statement from Pralhad Joshi, Union Minister for Coal, Mines, and Parliamentary Affairs, to the Rajya Sabha. The states of Assam, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Telangana, Uttar Pradesh, and West …

India coal production rises 8.55% to record 223.36 million tonne in Q1FY24
1 year, 5 months ago

India coal production rises 8.55% to record 223.36 million tonne in Q1FY24

Live Mint  

New Delhi: India’s coal production grew 8.55% year-on-year to 223.36 million tonne during the June ended quarter of fiscal 2023-24, the ministry of coal said in a statement on Friday. “India’s coal sector achieved a remarkable milestone in the first quarter of FY 2023-24, by recording highest ever coal production at 223.36 million tonne, representing a substantial growth of 8.55% …

Analysis | India cheers the return of 'King Coal' as industry sees buoyant future
1 year, 9 months ago

Analysis | India cheers the return of 'King Coal' as industry sees buoyant future

The Hindu  

India's coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports. Increased output The reality is that India has successfully increased domestic coal output, with official government figures released last week showing production in the first 10 months of …

India asks utilities to import 6% of their coal for nine months
1 year, 11 months ago

India asks utilities to import 6% of their coal for nine months

Live Mint  

India's power ministry has asked utilities to import 6% of their coal requirement until September, according to a letter seen by Reuters, warning that domestic supplies could be curtailed if import targets are not met. Estimated domestic coal supply of 392 million tonnes during the six months to the end of September is expected to fall short of demand by …

India's domestic coal production goes up by 28% as of 16 June
2 years, 6 months ago

India's domestic coal production goes up by 28% as of 16 June

Firstpost  

During the monsoons, despite having high coal stock at mine ends, the coal companies face problems in transporting coal to the sidings due to flooding of mines and the wet coal jamming the Coal Handling Plants conveyor systems New Delhi: After a record-breaking coal production of 777 million tonnes in 2021-22, domestic coal production continues to witness an increasing trend …

‘States urged to step up coal imports for three years’
2 years, 7 months ago

‘States urged to step up coal imports for three years’

The Hindu  

India has urged its States to step up coal imports for the next three years to build up inventories and satisfy demand, four sources told Reuters, a move set to benefit global prices of the fuel, already running high because of war in Ukraine. "The States were asked to continue importing because the private sector will take till at least …

Coal ministry seeks to ease green norms to boost domestic production
2 years, 9 months ago

Coal ministry seeks to ease green norms to boost domestic production

Live Mint  

India's coal ministry will seek a relaxation of some environmental norms to help increase the country's overall coal production, coal minister Pralhad Joshi said on Tuesday. Domestic demand for coal has risen considerably because of a steep hike in international prices, Joshi said, according to a press statement issued by India's Ministry of Coal. Recently Coal Secretary said Indian industries, …

What will drive India’s next economic transformation, writes Amitabh Kant
4 years, 3 months ago

What will drive India’s next economic transformation, writes Amitabh Kant

Hindustan Times  

With global supply chains being reforged, India must position itself as a vital link in this new order. With global supply chains being reforged in the light of the pandemic, India must position itself as a vital link in this new order At the same time, India imports a large number of commodities that are available in abundance within India …

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