UCIL to develop India’s largest uranium deposit

India’s State-run Uranium Corporation India Limited (UCIL) will develop the country’s largest uranium deposit, entailing an investment of about $845-million and forecast to yield 6 000 t/d of the... 

NMDC’s iron-ore mining facility suffers extremist attack

Indian miner NMDC’s iron-ore assets at Dantewada in the central state of Chhattisgarh came under attack from ultra-left-wing extremists on Sunday. According to reports available from the district,... 

Indian govt comes down on CIL for delays in exploring greenfield assets

The Indian government has cracked the whip on State-miner Coal India Limited (CIL), directing it to either step up exploration for and production of coal at blocks allotted to it, or see the assets... 

India’s NLC ties up with MECL for exploration of greenfield lignite blocks

India’s State-run NLC Limited (formerly Neyveli Lignite Corporation Limited) has tied up with Mineral Exploration Corporation Limited (MECL) to undertake greenfield exploration of lignite blocks in... 

India likely to adopt revenue sharing model for commercial coal mining

India’s Coal Ministry is likely to adopt revenue sharing contracts for next month’s commercial mining coal block auction. The Ministry is expected to announce auction rules soon incorporating... 

Indian energy import dependency rises despite industrial output declines

The Indian energy market is showing dichotomous trends with falling industrial output in line with lower demand for oil and natural gas, but import dependency on imported fossil fuels rising at the... 

India prioritises coking coal supply contracts over asset acquisition overseas

The Indian government will prioritise advance supply contracts for coking coal in international markets over outright acquisitions of coal assets in countries overseas. This at a time, when... 

India proposes free natural gas pricing regime

The Indian government has started work on implementing a free pricing regime for domestically produced natural gas, which could be freely traded at exchanges. The move is in line with... 

Protests in Chile, Bolivia threaten India’s search for assets in 'Lithium Triangle'

Civil unrest and violence in Chile and prospects of tougher security norms, together with unrelenting protests over a disputed electoral process in Bolivia, have thrown a spanner in the wheels of... 

India prioritises coking coal supply contracts over asset acquisition overseas

The Indian government will prioritise advance supply contracts for coking coal in international markets over outright acquisitions of coal assets in countries overseas. This at a time, when... 

Hindustan Zinc lines up $2bn investment to ramp up production

India’s largest zinc miner, Hindustan Zinc Limited (HZL), part of Vedanta Group, has lined up an estimated $2-billion for capital investments over the next five years to ramp up metal production to... 

Revenue losses mount from Goa iron-ore mine closures – FIMI

The closure of 88 iron-ore mines in western Indian coastal province of Goa since March 2018 has resulted in loss in revenue of $832-million a year, according to a study of Federation of Indian... 

Indian Cabinet to take up splitting of GAIL India next month

India’s Union Cabinet of Ministers is likely to consider splitting up operations of natural gas marketing and infrastructure major, GAIL India, but the sale of its pipeline business to a strategic... 

India to ease norms for granting iron-ore environmental approvals

India’s Mines Ministry is likely to ease norms for granting mandatory environmental and forest clearances to prevent disruptions in mining following fresh auctions of numerous iron-ore mining... 

Coal India sets minimum benchmark for underground mines

State-run miner Coal India Limited (CIL) has set minimum output per man shift for its underground mines and will curtail production from underground mines if productivity falls below such pre-fixed... 

Legislative word change could see NMDC resume Donimalai operations

A mere substitution of a word in the Mines and Minerals (Regulation and Development) Act (MMRDA) 2015, effected by India’s federal government, has opened up a window for State-run miner NMDC to... 

India to allow steel firms to divert iron-ore from captive mines

The Indian government will permit domestic steel producers to divert iron-ore production from captive mines to any other production facilities and/or joint ventures. The relaxation of captive... 

India steps up efforts to woo global coal investors

Close on the heels of opening up commercial coal mining to overseas resource majors, India’s Coal Ministry is framing a supporting policy framework to woo global resource companies at the... 

Indian aluminium producer forced to shut smelting pots owing to coal shortage

Indian State-run National Aluminium Company Limited (Nalco) is facing an acute shortage of coal supplies of up to almost 50% of its daily requirement to fuel its 1 200 MW of captive thermal power... 

Indian coal block auction faces tepid response, Coal Ministry relaxes rules

India’s ongoing auction of 27 coal blocks with end-use restrictions has evoked a tepid response from prospective developers with 45 bids received for the assets on offer, prompting the Coal... 

ExxonMobil, IOC tie up for LNG projects in India

ExxonMobil India LNG, a subsidiary of ExxonMobil from the US, has signed a memorandum of understanding (MoU) with State-run oil refiner-marketer Indian Oil Corporation Limited (IOC) to examine... 

India set to become net iron-ore importer

India is poised to become a net importer of iron-ore during the next financial year, as the domestic market shifts from surplus to deficit. Supply-side disruptions could lead to an estimated... 

New gas pipeline project prompts Essar Group to ramp up CBM production

The imminent completion of a critical natural gas pipeline connecting the northern and eastern Indian states has prompted Essar Oil and Gas Exploration and Production Limited (EOGEPL) to firm up... 

ONGC announces $1.83bn investment in Assam

Indian oil and gas exploration and production major ONGC has firmed up investments to the tune of $1.83-billion over the next five years to ramp up its production in the north-eastern state of... 

SCCL allotted one of the biggest coal blocks in India

India’s Singareni Collieries Company Limited (SCCL) has been allotted a second coal block in the eastern state of Odisha, boosting the miner’s plans to expand beyond its traditional operational... 

India plans policy intervention to speed up bringing coal blocks into production

India’s Coal Ministry is working out contours of a policy intervention to ensure rapid operationalisation of coal blocks to be put up for auction over the next few months. Ministry officials said... 

Prime Minister urged to help end ‘chaos’ in Indian mining sector

Soon after claiming “chaos in the Indian mining industry”, Federation of Indian Mineral Industries (FIMI) has sought the intervention of Prime Minister Narendra Modi to revive growth and job... 

Indian government measures disappoint mining industry

The Indian mining industry is unimpressed by the government’s recent cuts in corporate tax rate and lofty pronouncement calling for an increase in mineral output of 200% over the next seven years.... 

India showing signs of lower coal proclivity for power projects

Though early days, it appears India’s proclivity for coal for generating electricity may be easing. The government of the central state of Chhattisgarh, with one-third of the country’s coal... 

India keen to up Australian LNG imports, but seeks to renegotiate contracts

ndia is keen to ship in higher volumes of liquefied natural gas (LNG) from Australia, but at the same time, the country has indicated that higher imports will be dependent on renegotiating... 

India’s SAIL permitted free merchant sale of iron-ore from its captive mines

India’s Mines Ministry on Tuesday permitted State-run steel producer, Steel Authority of India Limited (SAIL), to sell 25% of the iron-ore it produced in the previous year from its captive mines on... 

Coal India seeks national industry regulator

State-run miner Coal India Limited (CIL), which accounts for more than 80% of domestic supplies of dry fuel, has called for the establishment of a coal industry regulator, following the... 

Indian mining industry seeks Prime Minister’s intervention to spur jobs growth in industry

Soon after claiming “chaos in the Indian mining industry”, Federation of Indian Mineral Industries (FIMI) has sought the intervention of Prime Minister Narendra Modi to revive growth and job... 

Indian govt likely to approve national gas trading hub within next two months

The Indian government is expected to approve a national gas trading hub within the next two months. Sources say that sector regulator, the Petroleum and Natural Gas Regulatory Board, has finalised... 

Indian unions call strike to protest FDI in coal industry

Trade unions representing workers in the Indian coal mining industry have announced a strike for September 24, to protest the recent government decision to allow 100% foreign direct investment in... 

Indian mining sector in chaos – FIMI

The Indian mining industry is in chaos and instead of realising the industry’s potential to generate employment, it is suffering massive job losses and struggling to create new employment, the apex... 

CIL’s domestic dominance unlikely to change

State-run miner Coal India Limited’s (CIL’s) dominant position in the domestic market is unlikely to change any time soon even though the Indian government has permitted 100% foreign direct... 

IOC plans to foray into EV battery manufacturing

Indian State-run oil refiner-marketer, Indian Oil Corporation (IOC) will foray into electric vehicle (EV) battery manufacturing as part of its strategy to evolve into a "future-ready comprehensive... 

India’s oil marketer-refiner plans new LNG terminal linked to Mozambique project

India’s oil refiner-marketer, Bharat Petroleum Corporation Limited (BPCL), is planning to construct a liquefied natural gas (LNG) terminal alongside the Krishnapatnam port on the south-eastern... 

India offers little-explored oil, gas blocks for auction

The Indian government has put seven new oil and natural gas blocks up for bidding and subsequent grant of exploration licence under its new policy. According to a statement issued by the...