Hindustan Copper to Set Up New Plant in Jharkhand’s Rakha Mine
Hindustan Copper Ltd will establish a new 3 MTPA concentrator plant at Rakha mine in Jharkhand, aiming to triple its ore production from 4 to 12.2 MTPA by FY 2030-31. This is part of HCL’s nationwide expansion, reaffirming Jharkhand’s strategic role in India’s copper mining sector. A Rs. 400 crores plant in Madhya Pradesh is also planned.
Rs. 26,000 Crore Investment MoUs Likely Next Month in Jharkhand
Jharkhand is set to sign MoUs worth Rs. 26,000 crore with major companies next month, potentially creating over 15,000 jobs. Proposals were received during the Kolkata Summit in the Chief Minister’s presence. Companies like SM Steel, Rashmi Metaliks, and BMW Industries plan large-scale investments. Final MoU dates await confirmation from the Chief Secretary, with preparations already underway.
Jharkhand Reconstituted State Wildlife Board
The Jharkhand government has reconstituted the State Wildlife Board, appointing the Chief Minister as its chairman and the Forest Minister as vice-chairman. The board includes MLAs, senior officials, and experts from wildlife and environmental institutions. Its aim is to guide wildlife conservation and policy decisions in the state, aligning with national ecological mandates and local biodiversity protection goals.
Jharkhand Awaits New Textile Policy as Industry Faces Hurdles
Jharkhand’s textile policy expired in September 2023, leaving entrepreneurs in limbo. A new policy is under preparation, with proposed benefits like 50% land cost discount, 20% capital subsidy (up to Rs. 50 crore), full waiver on stamp duty, and Rs. 13,000 training support per worker. The delay has hindered new investments, prompting urgent calls from industry bodies and the Chamber of Commerce.
Ashok Sengal Took Charge as the New CEO of PVUNL
Ashok Kumar Sengal has taken charge as the new CEO of PVUNL, a joint venture of NTPC and JBVNL. With over 30 years of experience in the power sector, Sengal has held key roles in major NTPC projects and brings strong technical and leadership skills.
Saranda Wildlife Sanctuary Plan Sparked Mining vs Conservation Debate
An expert panel recommends limiting Saranda Wildlife Sanctuary’s eco-sensitive zone to 1 km to protect key iron ore mines like Chiria. The move follows a Supreme Court order requiring notification by 23rd July. The proposed expansion to 57,519 hectares includes major mines, raising concerns. Officials aim to balance ecological preservation with safeguarding mineral resources vital for national economic interests.
CCL to Pay Rs. 1.70 Lakh Compensation to the Victims of Karma Mine Collapse
Four workers died in a mine collapse at CCL’s Karma OCP in Kujju. CCL will pay Rs. 1.7 lakh compensation and provide jobs through an outsourcing firm. An initial Rs. 1 lakh has been paid. Protests by villagers lasted 17 hours before an agreement. The district will provide Rs. 30,000 to each family. Authorities have filed a negligence case against CCL officials.
Rs. 10 Crore Illegal Collection Uncovered in Amrapali Coal Project
Truck owners at Jharkhand’s Amrapali coal project were extorted Rs. 800 per truck daily—totaling over Rs. 10 crore annually for slip issuance and parking. Around 350 trucks operated daily. A case filed on June 28 halted the illegal practice. Funds were allegedly split among officials, unions, and local groups. The extortion resumed after previously being shut during an NIA investigation, raising serious concerns.
Aman Sahu Gang Resurfacesd with Arson, Torched Hywa in Latehar
The gang of slain gangster Aman Sahu has resurfaced, torching a Hiwa truck and firing shots in Latehar’s coal belt. A leaflet by Rahul Dubey warned against coal transport without his approval, hinting at extortion motives. Police have launched a crackdown to neutralize the gang’s revival and assert control over organized crime in the region.