Nov

17

SAIL eyes overseas coking coal mines

Posted on: November 17, 2009 at 5:08 pm

State-run Steel Authority of India (SAIL) is looking at acquiring licenses for coking coal mines abroad to protect itself from fluctuating raw material prices, its chairman S.K. Roongta said on Tuesday.
The company is in talks with firms in Australia, New Zealand, Mozambique and Indonesia, Roongta said.
“We are looking at both operational and exploration licenses. We [...]

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Sep

18

NTPC, Coal India Enter into a JV

Posted on: September 18, 2009 at 2:30 pm

NTPC is currently working on its captive coal mines with production target of 12 mtpa by 2012 and 47 mtpa by 2017 from the six coal mining blocks allotted to it. The company is taking steps to accelerate the development of these coal mining projects.
Further, NTPC is also forming a joint venture (JV) company with [...]

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