Jatindra's Feed
Mar 11, 2014

Maoists kill 16 in attack on police

BHUBANESWAR (Reuters) – Maoist rebels ambushed police and killed 16 involved in a mine clearing operation in a remote part of Chhattisgarh region on Tuesday, police said, as the insurgents demonstrated their strength ahead of a general election next month.

The victims were clearing mines laid by rebels on a road through a densely forested area in the resource-rich state when the rebels attacked from all sides, according to a senior home ministry official.

Mar 11, 2014

Indian Maoists kill 16 in attack on police

BHUBANESWAR, India (Reuters) – Maoist rebels ambushed police and killed 16 involved in a mine clearing operation in a remote part of eastern India region on Tuesday, police said, as the insurgents demonstrated their strength ahead of a general election next month.

The victims were clearing mines laid by rebels on a road through a densely forested area in resource-rich Chhattisgarh state when the rebels attacked from all sides, according to a senior home ministry official.

Feb 19, 2014

India reclaims 31 coal blocks from private firms over delay

NEW DELHI/BHUBANESWAR (Reuters) – The coal ministry is taking back 31 coal blocks allocated to private firms including the Tata group and Jindal Steel and Power (JNSP.NS: Quote, Profile, Research) over delays in developing them, jeopardising billion-dollar projects and inviting warnings of legal action.

The ministry, reviewing some 61 coal blocks allocated over the past decade that have not started production yet, announced on Tuesday it is reclaiming about half as companies have failed to meet milestones. The companies say delays in getting some government clearances hampered work on the blocks.

Feb 19, 2014

India takes back coal blocks from private firms over delays

NEW DELHI/BHUBANESWAR, India, Feb 19 (Reuters) – India’s
coal ministry is taking back 31 coal blocks allocated to private
firms including the Tata group and Jindal Steel and Power
over delays in developing them, jeopardising
billion-dollar projects and inviting warnings of legal action.

The ministry, reviewing some 61 coal blocks allocated over
the past decade that have not started production yet, announced
on Tuesday it is reclaiming about half as companies have failed
to meet milestones. The companies say delays in getting some
government clearances hampered work on the blocks.

Feb 18, 2014

Coal India units see double-digit output growth in 2014/15

NEW DELHI/BHUBANESWAR, Feb 18 (Reuters) – Two Coal India
units that together account for a third of its
production expect double-digit growth in output next fiscal year
as they use more sophisticated machinery and expand mines,
officials at the units said on Tuesday.

The expected production jump will help India keep a lid on
imports of coal, which have surged in recent years due to
regulatory, environmental and land acquisition delays in
starting new mines at home.

Feb 18, 2014

Stemcor may cut India iron pellet output due to poor demand, tax

BHUBANESWAR, India/LONDON (Reuters) – British steel trader and iron ore producer Stemcor may cut iron ore pellet output at its plant in Odisha, India, due to weak local demand and a recently introduced tax on exports of iron from India, an executive said.

India imposed a 5 percent duty on exports of iron ore pellets late last month, taking another step in conserving the raw material for domestic steelmakers that has slashed its shipments to top market China.

Feb 12, 2014

India rejects call to ban iron ore exports from Odisha

NEW DELHI/BHUBANESWAR, India (Reuters) – The ministry of mines has rejected suggestions by a powerful government panel to ban exports of iron ore and limit output from the Odisha, dispelling fears the country’s top producer faced curbs similar to those imposed elsewhere.

The bans in two other producing states, Karnataka and Goa, have helped spur sales by miners from Australia, Brazil and South Africa, pushing India to ninth place last year among world exporters of the steelmaking raw material to top market China.

Feb 12, 2014

India rejects call to ban iron ore exports from top producing state

NEW DELHI/BHUBANESWAR, India, Feb 12 (Reuters) – India’s
mines ministry has rejected suggestions by a powerful government
panel to ban exports of iron ore and limit output from the
eastern state of Odisha, dispelling fears the country’s top
producer faced curbs similar to those imposed elsewhere.

The bans in two other producing states, Karnataka and Goa,
have helped spur sales by miners from Australia, Brazil and
South Africa, pushing India to ninth place last year among world
exporters of the steelmaking raw material to top market China.

Dec 3, 2013

Coal India to resume output at big field shut by labour protest

BHUBANESWAR/NEW DELHI, India, Dec 3 (Reuters) – Coal India
Ltd said it would resume full production on Wednesday
from a major coal field that was closed on Friday due to a
labour protest, cutting off a supply of about 200,000 tonnes a
day to power producers and others.

The Talcher field, comprising seven open cast mines, is run
by the Mahanadi Coalfields unit, which last fiscal year acounted
for nearly a quarter of the output from state-owned Coal India,
the world’s biggest coal producer.

Nov 29, 2013

Coal India says jobs protest losing it 200,000 T of output a day

BHUBANESWAR, India, Nov 29 (Reuters) – Workers angered at
losing their jobs shut a major coal field of Coal India Ltd
on Friday, leading to the loss of 200,000 tonnes per
day of output and causing alarm among power producers already
facing tight supply, the company said.

The Talcher field, comprising seven open cast mines, is run
by the Mahanadi Coalfields unit, which last fiscal year
accounted for nearly a quarter of output totalling 452 million
tonnes from state-owned Coal India, the world’s biggest coal
producer.