14 comments to [Economy] Coal acquisition from Abroad: ICVL and its problem

• Hari R

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  Thanks for this beautiful article.

  i have one suggestion for you, can you make the pdf of all the article publised in here month wise, so it becomes easy for refence.

• Ankur

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  can you please write about the recent case of judges writing to president for pardoning 13 convicts??
  the frontline article doesnot explain why they were convicted and what benchmark was formulated in bachan case ???

• Aakah

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  Hello !
  beatiful site….. can we get everything i mean all articles in one pdf file in view of time shortage for mains……… i came to know about ur website today only….

  thanks

• Swagat

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  >>By the way India has sufficient coal in its own land, but it is either located in Naxal region or cannot be mined due to environmental clearances/ Supereme Court order, hence the need to acquire more coal from abroad.

  Also, by the way :), most of India’s coal is lignite and cannot be used for coking/in steel production in any case. So, steel companies and others who require high grade coal still need to import. Of course, the cause of higher power production will still get a boost if we mine coal locally.

  Ref: http://en.wikipedia.org/wiki/Coal#Types

  • atul

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    @ swagat
    for kind your information most of india coal is Anthracite also known as hard coal which the highest rank of coal and it reserves in india about 246 billion tonnes, of which 92 billion tonnes are proven and hard coal spread over eastern and south central parts of india and these area are affected by Naxalite

    now lignite is the lowest rank of coal and it reserves in india about 36 billion tonnes, of which 90 % occur in the southern State of Tamil Nadu.

• A.G

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  Hi mrunal..
  Recently I heard about the statement of UPA-II officials that the‘Opposition-ruled States opposed competitive bidding’.
  Could you elaborate this more and WHY??

• A.G

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  Hi mrunal???

  ” Venture capital panel for easing investment norms ”
  At
  http://www.thehindu.com/business/Economy/article3828610.ece

  Could you pl make it understandable…..

  • Mrunal

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    Venture capitalist/ Angel investor, already explained in this article:
    http://mrunal.org/2012/03/econ-debt-equity.html

    that Hindu article’s crux= Now Government now wants to encourage more venture capitalists to come in India, by easing various rules for them.

• Reverie

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  Thanks a lot for sharing Mrunal. The answer is d. All of the above hopefully.

• Varun Baranwal

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  In light of recent commitment by CIL under Fuel Supply agreement, it will be responsible top supply fuel to power plants. My question is if mining coal due to above mentioned reasons is difficult in India, why is CIL contemplating exit from ICVL instead of trying to acquire more under the provisions permitted?

• amritesh kumar pal

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  excellent sir ! plz provide detail article on those topics which are likely to come in cse 2012(mains)! thank u sir.

• rahul

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  hey, murnal i just started following your blog.it is extraordinary yaar.blogs are so interesting,because of the way u explain is mind blowing yaar.keep it up bro!!god bless you.

• Partho

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  difference between JV and subsidiary???

• Krunal

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  Mrunal,

  Looking forward for u to post an article about coal scam.