India is on a coal buying spree ad the nation is scrambling to cover an expected shortfall in domestic supply. Coal majors are entertaining all levels of deals, from minority stakes in mines to becoming an operator. Many are chasing stakes in large-scale mines of 10 million to 15 million tonnes a year. Also being eyed are mid-sized thermal coal blocks in Australia.
Continue reading "India Seeks Coal"
Thursday, July 23, 2009
IANS declared that 250 proposals to divert 50,818 hectares of protected forest land have been approved by the government since the forest Act was passed in 1980. For full story, click here
Continue reading "Over 250 Coal Mines are in Forest Land in India"
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Wednesday, September 16, 2009