Govt notifies DPDP Act & Rules thereof; simplified framework for startups & data fiduciaries (See 'Corp Brief') SARFAESI - as per Sec 15 of the Act, if borrower's management is taken over by secured creditor, the management may be restored upon full repayment of debt: HC (See 'Legal Desk') Afforestation, ecological restoration - coal mining cos steps to ensure ecological balance (See 'Corp Brief') Competition Act - allegations primarily concerning contraventions of the Companies Act or Ministry of Youth Affairs and Sports directives, do not relate to anti-competitive conduct or violation of the Act: CCI (See 'Legal Desk') RBI issues guidelines for banks to provide customer services in regional languages (See 'Corp Brief') IBC - If bank has released approved payments from TRA account operated by them, then bank was monitoring these transactions during entire CIRP: IBBI (See 'Legal Desk') Govt releases Credit Assessment Model for MSMEs to enhance digitally driven loan appraisal (See 'Corp Brief') IBBI - Cannot be expected to maintain information with respect to other laws outside its purview: IBBI (See 'Legal Desk') Govt's aid measures for MSMEs - TReDS, Rs 9000 Crore infusion (See 'Corp Brief') Indian media & entertainment sector to maintain growth despite AI disruption: Secy (See 'Corp Brief') PBPT - Transactions are rightly deemed benami u/s 2(9)(D) of PBPTA, where person who provided consideration for properties was not traceable: SAFEMA Tribunal (See 'Legal Desk') Sustainable coal mining - Govt simplifies approval for geological exploration & reports (See 'Corp Brief') Benami - Benami transaction is considered not only in case of transfer of property by beneficial owner for his ultimate benefit in future, but even if such properties is held by benamidar: SAFEMA (See 'Legal Desk') IITF-2025 - FCI Pavilion showcasing modernised foodgrain management bags bronze medal (See 'Corp Brief') Copyright Act - Police have jurisdiction to register FIR u/s 33EEC of the Drugs and Cosmetics Act in conjunction with cognizable offence under Copyright Act; registration of copyright not mandatory for criminal proceedings upon infringement: HC (See 'Legal Desk') VO Chidambarnar port receives first Clinker vessel following MoU with Ambuja Cement Ltd (See 'Corp Brief') PMLA - Sweep of Sec 5(1) is not limited to accused named in criminal activity relating to scheduled offence, but shall apply equally to person who is involved in any activity connected with proceeds of crime: SAFEMA (See 'Legal Desk')

Minister lays foundation stone of two projects of CCL

Published: Oct 08, 2024

By TIOLCorplaws News Service

NEW DELHI, OCT 08, 2024: UNION Minister of State for Coal and Mines Satish Chandra Dubey yesterday laid the foundation stone of Karo Coal Handling Plant and Konar Coal Handling Plant in Bokaro and Kargali area of CCL. The capacity of these two projects is 7 million tonnes per annum and 5 million tonnes per annum respectively. Member of Parliament, Giridih, Chandra Prakash Chaudhary, MLA, Bermo, Kumar Jayamangal (Anoop Singh), Chairman of Coal India Limited, PM Prasad, CMD, CCL Nilendu Kumar Singh, senior officers of CCL, representatives of workers' union and other stakeholders were present on the occasion. Minister Dubey also planted saplings during the foundation stone laying ceremony of Konar Project under the campaign "Ek Ped Maa Ke Naam".

Karo and Konar coal handling plants will prove to be an important step in the direction of First Mile Rail Connectivity, under which arrangements will be made to take the coal produced from the coal mines to the nearest railway circuit, from where it will be transported to thermal power plants and other consumers across the country. Currently, coal from these mines is brought to the railway siding by road.

Konar Coal Handling Plant : The plant includes a hopper, crusher, coal storage bunker of 10000 tonne capacity and 1.6 km long conveyor belt, with the help of which coal will be transferred to railway wagons through Silo bunker of 1000 tonne storage capacity. The cost of the project of 5 million tonnes per annum capacity is Rs. 322 crore. With the commencement of this project, the current rake loading time will be reduced from 5 hours to 1 hour, which will speed up coal dispatch and increase the availability of rakes.

Karo Coal Handling Plant : The plant includes a hopper, crusher, coal storage bunker of 15000 tonne capacity and 1 km long conveyor belt, with the help of which coal will be transferred to railway wagons through silo bunker of 4000 tonne storage capacity. The cost of this project of 7 million tonnes per annum capacity is Rs. 410 crores. With the start of this project, the current rake loading time will be reduced from 5 hours to 1 hour which will speed up the dispatch of coal.

These closed-loop, fully mechanized systems will bring speed and efficiency in the dispatch of coal by eliminating transportation by road and thus reduce diesel consumption. It will also help in reducing dust and vehicle-borne pollution in the area.

TIOL CORP SEARCH

TIOL GROUP WEBSITES