Jharkhand has imposed a Rs. 1,200 user charge per mineral transport trip via road, effective from 13th May 2025. The move may raise construction material prices and faces opposition from stone traders citing legal and operational concerns. he Jharkhand Road Construction Department has implemented a new user charge of Rs. 1,200 per mineral transport trip via road, effective from 13th May 2025. The charge is being levied as per the Jharkhand Highway Fee (Determination of Rates and Collection) Amendment Rules, 2025 and is already being collected. This fee has been integrated into the transport challans issued by the Department of Mines,…
Author: Editorial Desk
Hindalco Industries, part of the Aditya Birla Group, has grown into a global leader in aluminium and copper. With major expansions, including Novelis acquisition, it now targets sustainable growth through innovation and heavy investments. Hindalco Industries Limited, a flagship company of the Aditya Birla Group, has transformed into a global leader in the production of Aluminium and copper, with a strong commitment to innovation and sustainability. Humble Beginnings to Industrial Giant Hindalco started its journey as Hindustan Aluminium Corporation Limited in 1958. Just four years later, in 1962, the company commenced operations at Renukoot, Uttar Pradesh, with an annual capacity…
Centre Reviewed Rs. 34000 Cr Projects of Jharkhand The central government reviewed 11 key infrastructure projects worth over Rs. 34,213 crore in Jharkhand. Special focus was on the Patratu Thermal Power Project (Phase-1), aiming to generate 2,400 MW as part of a 4,000 MW plan. The meeting aimed to resolve delays and push progress. Officials from central ministries, Jharkhand government, and private partners participated in the review. Jharkhand Imposes Rs. 1200 User Charge on Mineral Transport Jharkhand’s Road Construction Dept. has started charging Rs. 1200 per trip as user fee on mineral transport by road. About 25,000 mineral transport bills…
Tata Steel MD T.V. Narendran predicts the recycling industry will surpass mining by 2050, highlighting major opportunities in waste management, urban mining, and sustainable steel production. Tata Steel’s Managing Director and CEO, T.V. Narendran, has projected a transformative shift in the industrial landscape, stating that the recycling sector is expected to outgrow the mining industry by 2050. He shared these insights while addressing a session organized by the Singhbhum Chamber of Commerce and Industry (SCCI) as part of its platinum jubilee celebrations. “We believe that by 2050, the recycling industry will become bigger than the mining industry,” said T.V. Narendran,…
The Coal Ministry will hire a research institution to assess ongoing central schemes, including coal exploration and safety projects, and recommend their continuation beyond FY26. Bids are open until 7th July. he Ministry of Coal is set to appoint a reputed academic or research institution to evaluate the performance and relevance of its ongoing Central Sector Schemes (CSS), as part of a larger review process to decide their continuation beyond the financial year 2025–26. The Ministry has issued a Request for Proposal (RfP), inviting bids from institutions with expertise in geology and mining. Interested parties have until 7th July , 2025,…
KNR Constructions secured a Rs. 4,800.57 crore coal mining contract in Jharkhand through its joint venture KNRCL-HCPL. Despite this major win, the company reported a 60.58% drop in Q4 FY25 net profit and a 31.03% decline in revenue. Infrastructure firm KNR Constructions Ltd saw its shares edge up by 1.36% to ₹234 after revealing that its joint venture has landed a significant coal mining contract worth ₹4,800.57 crore in Jharkhand. The project, awarded by Patratu Vidyut Utpadan Nigam Ltd (PVUNL), a collaboration between NTPC and Jharkhand Bijli Vitran Nigam Ltd (JBVNL), focuses on the development and operation of the Banhardih coal…
Jharkhand targets 4000 MW solar power by 2027 but has achieved only 83.93 MW so far. Major projects like Chandil and Getalsud remain stalled. Despite minor progress in rooftop and off-grid installations, most initiatives face delays, raising concerns over implementation and the feasibility of meeting the state’s green energy goals. Despite ambitious policies and grand targets, Jharkhand’s solar energy production remains alarmingly low. According to official data, the state currently generates only 83.93 megawatts (MW) of electricity through solar power, just over 2% of its declared target of 4000 MW by the year 2027, as per its solar energy policy.…
India on Track to $5 Trillion Economy by 2027 Commerce Minister Piyush Goyal said India is set to become a $5 trillion economy by 2027, crediting strong leadership, reforms, and unity. Speaking at an MCCI event, he highlighted economic growth, rising forex reserves, and global trade deals. Goyal emphasized India’s shift from ‘Fragile Five’ to a top-five economy, calling it a moment to lead globally despite challenges. Ambani and Adani United to Boost Fuel Business Billionaires Mukesh Ambani and Gautam Adani have joined forces to co-market automotive fuels. Jio-bp will supply petrol and diesel at Adani Total Gas’s CNG outlets,…
Ranchi Police, under the supervision of Senior Superintendent of Police (SSP), conducted a surprise raid on Wednesday afternoon at the KDH coal project site in Khalari, located within the NK Area. The operation was initiated following a written complaint by a coal truck driver, who alleged that he was being forced to pay illegal charges in the name of Vishthapit Jan Samiti while lifting coal from the site. Based on this, a special task force formed by the SSP carried out the operation and detained six individuals involved in the extortion racket. Also Read: Fake Mining Syndicate Busted in Pakur. Forged E-Challans…
Led by President Paresh Gattani, Chairman of FJCCI, a 21-member delegation is on a 7-day Vietnam tour to explore trade and investment opportunities between Jharkhand and Vietnam. In a major step towards fostering international business collaboration, the Federation of Jharkhand Chamber of Commerce and Industries (FJCCI) held a high-level bilateral meeting with senior officials of the Vietnam Association of Foreign Invested Enterprises (VAFIE) in Hanoi, the capital of Vietnam. Led by FJCCI President Paresh Gattani, the delegation discussed potential avenues for foreign investment in Jharkhand, focusing on key sectors such as minerals, agro-processing, manufacturing, energy, and tourism. The meeting was part…