Latest news with #SatishChandraDubey
Time of India
a day ago
- Business
- Time of India
Coal ministry to launch 13th round of commercial mine auctions on Aug 21
New Delhi: The coal ministry will launch the 13th round of commercial coal mine auctions on August 21, offering 34 blocks for bidding. The auction will be inaugurated in New Delhi by Coal and Mines Minister G Kishan Reddy , with Minister of State Satish Chandra Dubey as Guest of Honour, the ministry said on Wednesday. The 34 mines on offer include five under the Coal Mines (Special Provisions) Act (CMSP) and 29 under the Mines and Minerals (Development and Regulation) Act (MMDR). Of these, 12 are fully explored and 22 are partially explored. In addition, under the second attempt of Round 12, three more coal mines will be offered — two CMSP and one MMDR. The ministry said the commercial coal mine auction framework , launched in 2020, has seen robust participation in every round, helping to boost domestic production and reduce dependence on imports. 'The process continues to offer mines with the most liberal terms, promoting ease of doing business and attracting investments,' it said. The ministry added that the auctions are aligned with the government's vision of 'Viksit Bharat' and aims to strengthen transparency, competition, and self-reliance in the coal sector.
Time of India
a day ago
- Business
- Time of India
Coal ministry to launch 13th round of commercial mine auctions on Aug 21
New Delhi: The coal ministry will launch the 13th round of commercial coal mine auctions on August 21, offering 34 blocks for bidding. The auction will be inaugurated in New Delhi by Coal and Mines Minister G Kishan Reddy , with Minister of State Satish Chandra Dubey as Guest of Honour, the ministry said on Wednesday. The 34 mines on offer include five under the Coal Mines (Special Provisions) Act (CMSP) and 29 under the Mines and Minerals (Development and Regulation) Act (MMDR). Of these, 12 are fully explored and 22 are partially explored. In addition, under the second attempt of Round 12, three more coal mines will be offered — two CMSP and one MMDR. The ministry said the commercial coal mine auction framework , launched in 2020, has seen robust participation in every round, helping to boost domestic production and reduce dependence on imports. 'The process continues to offer mines with the most liberal terms, promoting ease of doing business and attracting investments,' it said. The ministry added that the auctions are aligned with the government's vision of 'Viksit Bharat' and aims to strengthen transparency, competition, and self-reliance in the coal sector.
News18
a day ago
- Business
- News18
Recycling firm Lohum inaugurates research centre in Greater Noida
Agency: PTI Last Updated: New Delhi, Aug 20 (PTI) Recycling player Lohum on Wednesday announced the inauguration of a Research & Innovation Center in Greater Noida to promote innovation in the field of critical minerals. The Research & Innovation Center was inaugurated by Minister of State for Coal and Mines Satish Chandra Dubey, the company said in a statement. The new innovation centre is aligned with the government's National Critical Mineral Mission to advance research and innovation in a value chain vital for the country's economy, energy security, and technological leadership. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy. Loading comments...
Time of India
2 days ago
- Business
- Time of India
Lohum opens 60,000 sq ft critical minerals R&D centre in Greater Noida
New Delhi: Lohum , India's largest diversified producer of sustainable critical minerals , on Tuesday opened a 60,000 sq ft Research and Innovation Centre in Greater Noida to strengthen domestic capabilities in critical minerals. The facility was inaugurated by Minister of State for Mines and Coal Satish Chandra Dubey. According to the official press release, the Centre will focus on research covering 15 of the 27 critical minerals identified by the government, including lithium, cobalt, nickel, graphite, copper, aluminium, and rare earth elements. 'This expanded, upgraded, and cutting-edge Research & Innovation Center is the new engine for Lohum's vision of building world-class capabilities in critical minerals manufacturing,' said Rajat Verma, Founder & CEO of Lohum. The new hub houses specialised laboratories such as a Rare Earth Elements Lab, Magnet Lab, Battery Lab, Cathode Active Material Lab, Membrane Lab, Coin Cell Lab, Carbon Lab, Nickel-Lithium-Cobalt Lab and Analytical Lab. Lohum said it invests 5 per cent of its annual revenue and 10 per cent of its workforce in R&D. Over 100 scientists are engaged in developing solutions for a circular economy of critical minerals.
Time of India
08-08-2025
- Business
- Time of India
Coal ministry seeks stakeholder inputs to push domestic production, simplify clearances
New Delhi: The Ministry of Coal on Thursday held a stakeholder consultation in New Delhi to deliberate on the next phase of reforms aimed at enhancing domestic coal production , reducing import dependency to zero, and scaling up coal gasification initiatives. The meeting, chaired by Union Minister of Coal and Mines G. Kishan Reddy, was attended by Minister of State for Coal and Mines Satish Chandra Dubey, Coal Secretary Vikram Dev Dutt, Additional Secretary and Nominated Authority Rupinder Brar, CMDs of coal and lignite PSUs, and representatives from the private sector. 'The Government responded decisively with the enactment of the Coal Mines (Special Provisions) Act, 2015 and a transparent auction mechanism, which laid the foundation for reforms that followed,' said Reddy. He highlighted the Government's resolve to further increase domestic production, eliminate coal imports, and expand clean coal technologies including gasification. He urged stakeholders to contribute ideas to strengthen transparency and efficiency in the sector, adding that reforms align with the larger national objectives of Atmanirbhar Bharat and Viksit Bharat. Minister of State Satish Chandra Dubey underlined the coal sector's critical role in powering national growth and stressed that all decisions must serve the national interest. He commended the Ministry for fostering a collaborative approach to sectoral reforms. Coal Secretary Vikram Dev Dutt said the Ministry is working closely with the Ministry of Environment, Forest and Climate Change to streamline regulatory processes. He added that the Single Window Clearance System has been enhanced with new features and that pending state-level issues have been flagged for presentation to NITI Aayog. He also said, 'The purpose of this consultation is to identify areas that require further intervention.' On coal gasification, he stated the need for further refinement in technologies to ensure scalability and economic viability. Rupinder Brar said the Ministry values constructive suggestions and encouraged stakeholders to actively contribute ideas for the coal sector's future roadmap. The session saw stakeholders share suggestions related to simplifying clearances, incentivising coal gasification, improving logistics infrastructure, and enhancing ease of doing business. The Ministry said it would consider these inputs while framing future policy measures.
