Tata Steel has received a Rs. 1902 crores demand notice from Odisha’s mining department over alleged shortfall in mineral dispatch from its Sukinda Chromite Block. The company has termed the notice baseless and plans legal action. The issue may impact Tata Steel’s stock performance. Tata Steel, one of India’s leading steelmakers, has received a demand notice of Rs. 1902.72 crore from the Odisha government. The notice, issued by the Deputy Director of Mines, Jajpur, Odisha, on 3rd July 2025, relates to an alleged shortfall in mineral dispatch from the company’s Sukinda Chromite Block during the fourth year of its Mine…
Author: Editorial Desk
SAIL has opened its first international office in Dubai to boost steel exports and strengthen India-UAE trade ties. This move supports India’s goal of 300 million tonnes steel production by 2030 and expands SAIL’s presence in the global steel market. In a major step towards strengthening its international presence, Steel Authority of India Limited (SAIL) has inaugurated its first-ever Representative Office in Dubai. This marks the public sector steel giant’s first international base in the Middle East, underlining its ambition to expand globally and play a bigger role in international trade. The new office was formally inaugurated on 3rd July 2025…
The Mines Department of Government of Jharkhand has revised coal prices from June 2025 and directed that royalty be calculated based on market rates, even for subsidised coal supplied to power plants. This aims to increase state revenue and standardize royalty collection. The Department of Mines has issued a fresh notification announcing new coal rates effective from June 2025 until further orders. According to the department, royalty on coal will now be calculated based on market prices, even in cases where coal is supplied to power plants at subsidised rates. The new directive, issued by Mines Secretary, Government of Jharkhand Mr.…
Coal India has revised its land compensation policy, offering Rs. 89 lakh to Rs. 1.2 crores, and Rs. 44,000 monthly pension for 45 years to landowners who opt out of jobs, aiming to provide better financial stability and career flexibility. Coal India has introduced a major change in its land acquisition compensation policy, bringing significant benefits to landowners. In a recent board meeting held on 30th June 2025, the Coal India Board approved a new policy that allows landowners to receive a large one-time compensation amount and an extended pension if they choose not to take a job in return…
Nitin Gadkari Unveils Mega Road Plan for Jharkhand The Central Government will invest Rs. 2 lakh crore to improve Jharkhand’s road infrastructure, announced Union Minister Nitin Gadkari. Several major highway projects were inaugurated, and future plans include green corridors, electric buses, and cultural initiatives to boost development and connectivity. Eight IPS Officers Assigned Additional Charge in Jharkhand The Jharkhand government has assigned additional responsibilities to eight IPS officers to fill vacant posts temporarily. A notification was issued by the Home, Jail, and Disaster Management Department. Officers, including SPs from Dhanbad, Jamtara, and Ranchi, will hold dual roles until regular appointments…
The PVUNL power plant in Jharkhand’s Ramgarh district was fined Rs. 1.47 crore for transporting minerals without valid mining challans. The district administration also issued a warning, stressing strict action against revenue loss and illegal mineral transport in the state. Jharkhand’s Patratu-based PVUNL power plant has come under scrutiny for transporting minerals without proper mining challans, leading to a huge loss in state revenue. The district administration has taken the matter seriously and imposed a penalty of Rs. 1.47 crore on the company for the irregularity. Revenue Loss to State Detected The Patratu Vidyut Utpadan Nigam Limited (PVUNL) is a…
JBVNL has filed a review petition against the 6.34% electricity tariff hike approved by JSERC, calling it insufficient. The utility seeks a 40.02% increase to cover rising costs, which may lead to further burden on Jharkhand’s power consumers. Electricity consumers in Jharkhand may soon face higher power bills, as the Jharkhand Bijli Vitran Nigam Limited (JBVNL) has filed a review petition seeking a steeper hike in electricity tariffs than what has already been approved by the Jharkhand State Electricity Regulatory Commission (JSERC). JBVNL, the state’s power distribution company, claims that the 6.34% tariff hike approved by JSERC on 30th April…
The Central Government will invest Rs. 2 lakh crore to improve Jharkhand’s road infrastructure, announced Union Minister Nitin Gadkari. Several major highway projects were inaugurated, and future plans include green corridors, electric buses, and cultural initiatives to boost development and connectivity. In a major push to improve Jharkhand’s infrastructure, Union Minister for Road Transport and Highways, Nitin Gadkari, announced that the Central Government will invest Rs. 2 lakh crore in road and highway development projects across the state. Speaking at a public rally in Garhwa and later at an inauguration event in Ranchi, Gadkari said the state, rich in natural resources,…
A high-level team inspected villages affected by the Hindalco Chakla Coal Block in Jharkhand, reviewing schools, Anganwadi centres, and health facilities. Locals complained of poor infrastructure despite land acquisition, prompting officials to prepare a report for administrative action. A high-level administrative team conducted a ground inspection of the villages affected by the Hindalco’s Chakla Coal Block project in the Chakla Panchayat area of Latehar District on 02nd July. The visit aimed to assess the condition of basic public infrastructure like schools, Anganwadi centers, and health sub-centers that serve the local population. The inspection team included LATEHAR Additional Collector Rama Ravidas,…
Ramgarh DC Faiz Aq Ahmad Mumtaz slammed CCL and Tata Steel for negligence in controlling illegal coal mining. Calling their mines key hubs of coal theft, he issued strict directives, demanding accountability, surveillance, and immediate action to curb the menace. Ramgarh District Collector (DC) Faiz Aq Ahmad Mumtaz has strongly criticized officials of Central Coalfields Limited (CCL) and Tata Steel for their failure to curb rampant illegal coal mining and transportation in the region. In a high-level review meeting, the DC labelled the coal mines of CCL and Tata Steel as the “main hubs of illegal coal activities”, attributing the…