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May 10, 2022The Indian company Vulcan Resources, which is part of the Jindal Group, on Thursday pledged to continue coal mining in Moatize, in the western Mozambican province of Tete, and to operate the Nacala Logistics Corridor, the railway which runs from Moatize, across southern Malawi, to the mineral port of Nacala-a-Velha, on the coast of Nampula province.
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Dec 21, 2021vale has entered into a binding agreement with vulcan minerals to sell the moatize coal mine and the nacala logistics corridor (nlc) for total proceeds of $270 million, comprised of $80 million at closing and $190 million from the existing business until closing; plus a 10-year royalty agreement subject to certain mine production and coal price .
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Jindal Steel & Power Ltd (JSPL), promoted by MP Naveen Jindal, is targeting to acquire more coal mines in South Africa and Mozambique. "We are also looking at many other parts in the ...
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JSP has a mining capacity of over 16.61 MTPA of coal and iron ore at various locations in India and abroad. Owning captive mines has ensured our company of uninterrupted supply of high-quality raw materials. ... Jindal Centre. 12, Bhikaiji Cama Place, New Delhi - 110 066, INDIA. About Us; Our Businesses; People; Investors & Media; Contact us ...
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6 days agoA group of coal miners in West Virginia helped rescue a couple on vacation whose electric car ran out of power in a remote area. Facebook/Randy Smith The couple got their car charged at a station ...
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Nov 22, 2021Jindal Steel & Power (JSPL) is reportedly planning to commence construction on a coal mine in the south-eastern Mmamabula coalfields in Botswana in 2022. This mine is expected to help the firm in supplying a proposed coal power plant and the export market, reported Reuters citing a company official.
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AA. New Delhi, Dec 15 (PTI) As many as 53 bids have been received from 37 companies, including JSW, Jindal Steel & Power Ltd (JSPL), Vedanta and Hindalco Industries, for 20 coal mines that have ...
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The mine, which started production in 2011, has been a source of ongoing problems and losses for Vale. The company fully impaired Moatize in 2019, after taking a $2.4 billion charge on the...
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"On the 2nd and 3rd day of the e-auction (February 9-10), cumulative five coal mines were put up for auction," the statement said. The five coal mines are fully explored and have total geological reserves of 528.051 million tonne. The cumulative peak rated capacity (PRC) for these coal mines is 16.07 million tonne per annum (MTPA).
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MDO Concept - An answer to Indian captive coal mining. 1. Tapas Das Supdt. Engineer Department of Mining and Beneficiation M. N. DASTUR & COMPANY (P) LTD, Consulting Engineers, KOLKATA 01/02/2015. 2. Preface In the year 1992, Ministry of Coal build a screening committee constitute of government officials from the Ministry of Coal, the Ministry ...
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As many as 53 bids have been received from 37 companies, including JSW, Jindal Steel & Power Ltd (JSPL), Vedanta and Hindalco Industries, for 20 coal mines that have been put up for sale for...
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The government's own Coal India was appointed as the custodian for several mines, including for Gare Palma IV/2 and Gare Palma IV/3. The SECL, a subsidiary of Coal India, was designated as ...
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We, Jindal Steel & Power and its Group Companies, hereby bring to the notice of the public at large as well as all concerned that some unscrupulous and fraudulent persons are making in our name false and fake job offers and are soliciting job applications requiring the job seekers / applicants to pay processing fees and/or deposit amounts in bank accounts by sending false e-mails or by making ...
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New Delhi: As many as 53 bids have been received from 37 companies, including JSW, Jindal Steel & Power Ltd (JSPL), Vedanta and Hindalco Industries, for 20 coal mines that have been put up for sale for commercial mining.
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Table 13: Coal Mining in India - Singareni Collieries Company Ltd (SCCL), Major Projects 25. Table 14: Coal Mining in India - Reliance Power Limited, Major Projects 27. Table 15: Coal Mining in India - Jindal Steel and Power Limited (JSPL), Major Projects 28. Table 16: Coal Mining in India - Major Active Mines (Million Tons), 2012 29
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The press release mentions no reason for the sixth coal block Gare Palma 4/1, where Jindal Steel & Power Limited (JSPL) was the highest bidder at Rs 230 per tonne at 53 percent premium over the reserve price. "Gare Palma 4/1 had received a bid at Rs 1,565 per tonne by BALCO in 2015 but eventually coal ministry decided not to allocate.
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In a setback to Naveen Jindal-controlled Jindal Power (JPL), the Delhi High Court (HC) on Thursday declared the company as the unsuccessful bidder for two coal blocks. ... (NDA) government's auctioning of coal mining rights. There were two other breakthrough orders associated with the coal block e-auction held in 2015-16. TO READ THE FULL ...
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Part of the OP Jindal Group, JSPL has a presence in steel, power, mining and infrastructure sectors. Photo: Getty Images. 1 min read . Updated: 31 Dec 2020, 08:24 PM IST PTI. In a statement ...
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Jindal Steel and Power Ltd (JSPL) power division, Jindal Power Ltd (JPL), has appointed former Coal India head Anil Kumar Jha as its Chairman. Jha, a former Chairman of Coal India Ltd (CIL), is considered a "veteran" in the mining industry. The JPL Chairman is a mining graduate and also holds an MTech degree from the Indian School of Mines (ISM ...
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Nov 21, 2021Indian power company, Jindal Steel & Power, will start building a coal mine in Botswana's southeastern Mmamabula coalfields in 2022, reported Reuters. This coal mine, aimed at producing 4.5 million...
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LONDON, July 17 (Reuters) - India's Jindal Steel & Power JNSP.BO, part of the Jindal Group, has bought the Kiepersol thermal coal mine in South Africa, industry sources said on Friday. The deal...
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Gare Palma IV-5 mine has estimated extractable reserves of 42.43 MT, while Gare Palma IV 2&3 together have extractable coal reserves of 155.49 MT. The government has put on offer 19 coal blocks in ...
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In all, the Ministry of Coal wants to auction 19 mines for commercial coal mining. The Jindal Group emerging the top bidder for the Gare-Palma-IV/1 mine comes a year after Jindal Steel and Power ...
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Nov 22, 2021November 22, 2021 Jindal to begin Botswana coal mine construction in 2022 The proposed mine is expected to have an annual production capacity of 4.5 million tonnes of coal. India's Jindal Steel & Power (JSPL) is reportedly planning to commence construction on a coal mine in the south-eastern Mmamabula coalfields in Botswana in 2022. Free Report
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Government to auction 23 coal mines in FY18, 4 for commercial mining Lack of pricing freedom leaves industry jittery on commercial coal mining In liberalised coal mining regime, Coal India seeks advantage HC quashes Jindals' 2 coal block bids Govt generates Rs 1,748 cr from auction of 31 coal mines
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The winning bids for the auctioned coal mines have been received from firms such as Adani Enterprises Ltd, Jindal Power Ltd, Vedanta Ltd, Hindalco Industries Ltd, JMS Mining Pvt Ltd, Aurobindo ...
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Essel Mining, Adani Group, Tata, JSW Group, and Jindal Steel and Power Limited (JSPL) were among the private corporations that attended a stakeholder meeting with the coal ministry in February. As many of these corporations also operate power plants that use imported fuel, access to domestic coal, which is 150-200% less expensive, may attract them.
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On the other hand top Indian industrialist, Jindal Steel and Power, announced in November 2021 plans to start a coal mine in the Mmamabula area, famed for its large deposits of coal. Jindal is looking at an annual production of 4.5 million tonnes of coal. Construction of the mine is expected sometime this year.
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India's Jindal Steel & Power Limited (JSPL) will start building a coal mine in Botswana 's southeastern Mmamabula coalfields in 2022, aiming to supply the export market and a planned coal power ...
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Based on the analysis that has been performed, Jindal anticipates that the 1.5 billion tonnes of run of mine production could yield, after beneficiation, the following coal products: 112 Mt of thermal coal suitable for domestic on-site power generation and 900 Mt suitable for thermal export coal.
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The Coal Mine (Special Provision) Act, 2015 and Hon'ble High Court of Delhi, judgement dated March 09, 2017-Valuation of compensation for payment to the prior allottee of Moitra Coal Mine, viz M/s "JNIL" ... payable to the prior allottees of Urtan North Coal Mine, viz. M/s Jindal Steel & Power Ltd. (JSPL) and M/s Monnet Ispat & Energy Ltd ...
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The Mmamabula coal mine is a proposed mine, owned by Maatla Resources, designed to produce 1.2 million tonnes per annum, near Gaborone and Francistown, ... In April 2015 Jindal said it planned to offload 74 percent of the energy and coal mine project to South Africa's Glendal Trading. The companies say there are potentially nine mines on the ...
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Jindal Steel and Power Ltd. is planning to set up an 4 million tonnes per annum (TPA) coal mining project in Raigarh district of Chattisgarh. On behalf of the local community, Ekta Parishad, requested us to technically evaluate the Rapid Environment Impact Assessment done for the project. Mining is proposed in the Gare IV/6 mining block, which is part of the Mand-Raigarh coalfields.
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Kiepersol is a mothballed, underground mine which produces mid-low volatile content thermal coal used mostly for power generation, the sources said. The mine was sold by a group of private...
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Coal Mining Block. Directions of the Central Government for auction of coal mines under the CM (SP) Act, 2015. Minutes of 4th meeting held on 12-7-2018 under chairmanship of Additional Secretary (Coal) to identify additional coal / lignite blocks for allocation under rule 3 (2) of the Coal Blocks Allocation Rules, 2017.
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The government has put on sale 10 coal mines in the third round of commercial coal mining. "On the 2nd and 3rd day of the e-auction (February 9-10), cumulative five coal mines were put up for ...
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Nov 4, 2020The coal mines on offer include Rajhara North (Central & Eastern) coal block in Palamau district of Jharkhand and Sahapur (East) coal block in Shahdol and Umaria districts of Madhya Pradesh (MP). The bidding process would open at 11 am and close at 1 pm. ALSO READ: New players & a state-run organisation win coal blocks on Day 2 The backdrop
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Jindal Steel had offered to pay 108 rupees ($2) per tonne in the auction for two adjoining blocks it had held previously, the lowest winning bid among the first few blocks meant for the power...
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Vale SA said in December it had agreed to sell the mine in a $270 million deal that included a connected railway corridor to Vulcan Minerals, a subsidiary of India's $18 billion Jindal Group.
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Coal mine expansion made easy. ... In April 2012, responding to an appeal filed against a coal mining project of Jindal Steel and Power in Chhattisgarh's Raigarh district, the National Green Tribunal remarked that the public hearing was fixed in favour of the project developer. "During the hearing, the supporters of the project were paraded ...
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