CIL to enter new mining areas: Official
Coal India is planning to diversify into new mining areas although it believes the fossil fuel to remain as the primary source of power generation for at least the next two decades, a company official has said.
“We do not want to be known as just a coal company. We want to diversify. We want to enter into metal mining like iron ore, bauxite and also plan to acquire some mines...Do mining activities abroad in the field of copper and nickel,” Coal India director (marketing) S N Prasad said at a coal seminar.
“We have core competence in mining and with this we want to diversify. Mining is the strength of the company and metal mining industry is one of this,” he said. The process of identifying the areas is underway, he added. Diversification into mining of other minerals could be done to lower the import bill of the country.
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Sunday EditionView All
24 Sep 2017 | TN RAGHUNATHA | Mumbai
In a clear indication of an irreconcilable rift between it and its senior alliance partner BJP, the Shiv Sena on Saturday staged simultaneous protests at 12 places across the metropolis against the hike in prices of fuel, essential commodities and domestic gas cylinders. Amid intense speculation that Sena president Uddhav Thackeray — during his Dussehra rally to be held next week — might announce withdrawal of his party’s support to the...
STATE EDITIONSView All
24 Sep 2017 | PNS | Ranchi
Chief Minister Raghubar Das on Saturday said that the foundation for new power plant at Patratu — a joint venture of Jharkhand Government and National Thermal Power Corruption (NTPC) will be laid soon. During a meeting with NTPC Chairman Gurdeep Singh here on Thursday CM said that the plant will not only fill the energy gap in State but will also be able to supply power to other States...