Kolkata/Mumbai: In the opening day of Coal India shares sale by the Centre, the portion of shares reserved for non-retail investors, was oversubscribed by 1.06 times on Wednesday. According to an NSE data, non-retail investors put in bids for 15.84 crore shares, as against the offer of 14.89 crore shares.[Read More…]
Tag: Coal india
JSPL to expand Odisha steel plant to 20 mtpa by 2030
Bhubaneswar: Jindal Steel and Power Ltd (JSPL) chairman Naveen Jindal on Friday said the steel production capacity of its plant in Odisha’s Angul would be increased to 20 million tonnes per annum (mtpa) by 2030. “Once we achieve the full capacity of 6 mtpa, which we will do next year,[Read More…]
Why has economy failed
The fate of coal industry in India is simply cursed with misfortunes. Even after 4 years of Apex court’s economically destructive order declaring 204 coal block allocations done since 1993 as illegal, the sector has still not revived to break the shackles of adversity it once got it hit with.[Read More…]
Policies to revive stalled power projects underway: Piyush Goyal
Union Minister Piyush Goyal on Saturday said that the Centre will soon come out with a scheme to revive various stalled power plants in the country. The broad policies to make abandoned projects viable was decided in a meeting between the Ministry of Power and lenders earlier this week. “We[Read More…]