IBC - When there is specific procedure provided for withdrawal of insolvency applications, then NCLAT cannot invoke its inherent powers: SC LB (See 'Legal Desk') CCI approves proposed acquisition of Aavas Financiers by Aquilo House (See 'Corp Brief') CCI okays hike in shareholding of Bharti Airtel in Indus Towers (See 'Corp Brief') IBC - If debt entries exist in corporate debtor's balance sheet, then debtor could not deny its liability merely on ground that there were no specific entries of particular creditor in their balance sheet: SC (See 'Legal Desk') Safety and Welfare of Mineworkers must be top priority: G Kishan Reddy (See 'Corp Brief') Bharat Tex 2025 to focus on scale, sustainability and skills (See 'Corp Brief') IBC-Resolution plan,once ratified by Adjudicating Authority, must absolve corporate debtor of past liabilities: HC (See 'Legal Desk') Ministry of Coal organises Consultation on MDOs and Star Rating Awards (See 'Corp Brief') Govt issues mine closure certificate to Pathakhera area of M/s WCL (See 'Corp Brief') PMLA-Jurisprudence for grant of bail is that petitioner cannot be deprived of his constitutional right of personal liberty especially when there is prospect of long incarceration without conclusion of trial: HC (See 'Legal Desk') Green Hydrogen Fuel Cell Bus showcased by India to Bhutan PM (See 'Corp Brief') Constitution of India-Fundamental right enshrined under Article 21 cannot be arbitrarily subjugated to statutory bar in Section 45 of PMLA, 2002: HC (See 'Legal Desk') CAQM invokes Stage-II GRAP Action Plan Across NCR (See 'Corp Brief') SEBI Act-Primary purpose of statutory enactments is to provide enactment environment conductive to increased participation and investment in securities market which is vital to growth of economy: SEBI (See 'Legal Desk') IBC-Connected persons to ineligible persons are not prohibited to participate as resolution applicant under Section 29A: IBBI (See 'Legal Desk') Sonowal dedicates Key Maritime Projects at 2nd Indian Lighthouse Festival (See 'Corp Brief') Ministry of Coal to host Star Rating Awards Ceremony (See 'Corp Brief') Patents-Inventive contribution of patent should not only improve functionality of system but also achieve innovative technical advantage that is clearly distinct from ordinary operations expected of such systems: HC (See 'Legal Desk') Mandaviya to launch 'eShram-One Stop Solution' for Unorganized Workers (See 'Corp Brief') NCL launches 4th edition of sustainable initiatives campaign (See 'Corp Brief') PMLA- Accused can be termed in category of 'sick and infirm' by showing chronic physical ailment entitling him benefit of proviso to sec 45 wherein he need not satisfy twin test in order to get Bail: HC (See 'Legal Desk') MOIL signs JV with MPSMCL for Manganese ore mining (See 'Corp Brief') Competition Act-Manipulating market price to maintain over-pricing of product or service by collection of independent businesses or organizations is termed as cartel: CCI (See 'Legal Desk') ITU-UN Workshop explores role of standardization and Emerging Technologies (See 'Corp Brief') PC (Amendment) Act, 2018- Overarching objective behind Section 17A is to provide protective shield preventing arbitrary 'enquiry or inquiry or investigation' against public servants: HC (See 'Legal Desk') Arbitration Act -Arbitration agreement is commercial document and must be interpreted so as to give effect to intention of parties, rather than to invalidate it on technicalities: HC (See 'Legal Desk') Pilot projects launched in Steel Sector under National Green Hydrogen Mission (See 'Corp Brief') SARFAESI Act -District Magistrate is not required to give any notice to either borrowers or to third party, he is only required to verify from Bank whether notice under Section 13(2) has been issued or not: HC (See 'Legal Desk') Stamp Act-Stamp duty is payable on date of execution and not on date it is received in State: HC (See 'Legal Desk') Mandaviya chairs meeting with Platform Workers' Associations to discuss Social Security (See 'Corp Brief') SEBI Act-Upon cancellation of certificate of registration, Stock Brokers be responsible for payment of outstanding dues, to SEBI: SEBI (See 'Legal Desk') Patent Act -Controller cannot pass order ignoring newly amended claims which are well within scope of origina PCT claims: HC (See 'Legal Desk') 'Accord and satisfaction' & Arbitration (See 'CORP EINSICHT')

Ministry of Coal organises Consultation on MDOs and Star Rating Awards

Published: Oct 23, 2024

By TIOLCorplaws News Service

NEW DELHI, OCT 23, 2024: THE Ministry of Coal successfully organized the Star Rating Awards Ceremony for Coal & Lignite Mines, Stakeholder Consultation on Mine Developers cum Operators (MDOs), and the release of the Coal Directory of India in New Delhi today. The event, aimed at recognizing the exceptional performance of Coal and Lignite mines, engaging with key stakeholders, and providing valuable insights into the coal sector, concluded on a high note. The occasion was graced by the Union Minister of Coal and Mines, G. Kishan Reddy, as the Chief Guest, with the Union Minister of State for Coal and Mines, Satish Chandra Dubey, as the Guest of Honour.

During the event, Union minister of Coal and Mines G Kishan Reddy  led an interactive session with stakeholders' of MDOs to address the critical issues pertaining to Ministry of Power, Railways, MOEF&CC and DGMS. The session aimed at fostering the deeper understanding of challenges faced by MDOs and emphasised on inter – ministerial coordination. Representatives from these ministries actively participated in the discussion, offering their insights and perspectives on the issues raised by MDOs. Moreover, they assured MDOs of their full support. They emphasized to work closely to streamline processes and remove bottleneck that could hinder coal production and dispatch. The session marked a significant step towards building a more responsive and cohesive ecosystem for coal sector.

In his keynote address, Union Minister of Coal and Mines, G. Kishan Reddy, underscored the significance of the MDO framework in enhancing coal production. He commended the dedication of MDOs, noting that their hard work plays a crucial role in achieving production targets. Emphasizing the importance of coordination with state governments, he highlighted that the demand for energy is expected to soar in the coming years, with coal remaining the primary source of energy.

The Minister further emphasized that the coal industry has been a pivotal force in propelling our nation's progress and the effective MDO engagement will significantly contribute to reducing imports and increasing the self-sufficiency of the coal sector, furthering the vision of Prime Minister Narendra Modi, of achieving Aatmanirbharta in the coal sector.

The Minister also addressed the welfare and safety of mine workers and their families, recognizing the sacrifices made by those who give up their land for mining operations. He further added that we should act with humanity to all the mine workers.

The Minister stressed the need to increase domestic coal production while reducing imports and highlighted the importance of completing scientific mine closures, calling for collective contributions to mine closure activities. Minister said that in the next 3-4 years, not a single mine should remain where the mine closure has not been completed. India aims to be a global benchmark in this crucial area, leading the way in responsible mine closure practices. He congratulated all the awardees and assured to work in collaboration.

Reddy also emphasised on commitment towards responsible practices, safety, and environmental standards. He also reinforced the collective commitment to advancing sustainability and innovation in the coal mining sector, paving the way for a more secure energy future for the nation.

Guest of Honour and Union Minister of State for Coal and Mines, Satish Chandra Dubey shared his insights on the role of MDOs in India's coal sector, stating that MDOs are a critical component of India's coal sector. Today's discussions have brought together key stakeholders who are leading the charge in shaping the future of coal mining in our country. It is essential to recognize that the collaboration between the government and the private sector is crucial for ensuring the sustainable and efficient growth of our coal industry, he said. Minister also congratulated the awardees and highlighted the importance of the Star Rating System in encouraging environmentally sustainable and responsible mining practices.

Secretary, Ministry of Coal, Vikram Dev Dutt delivered an insightful address, emphasizing the evolving landscape of coal mining and the crucial role of MDOs. He stated that the MDO framework is becoming a critical element in ensuring efficiency, sustainability, and long-term growth in this industry. This model allows us to leverage the expertise and operational capabilities of the private sector, thereby enhancing the overall performance and output of the coal-mining sector. The efficient and sustainable expansion of our coal industry depends on this synergy between the public and private sectors.

During the event, the Ministry of Coal presented the Star Rating Awards, recognizing 43 mines that achieved the prestigious Five Star Rating for the year 2022-23, with 4 mines ranked first, 2 ranked second, and 6 ranked third. The awards serve to recognize exceptional performance in key areas such as mining operations, environmental practices, and worker safety, encouraging a culture of excellence in the sector. During the event, iGOT-Karmayogi Awards were also presented by the Ministry of Mines, recognizing excellence in various categories.

Additionally, the stakeholder consultation provided a crucial platform for open dialogue between the Ministry and MDOs, focusing on streamlining operations, enhancing productivity, and addressing operational challenges. This initiative is expected to boost coal production, reduce reliance on imported coal, and introduce advanced technology into the mining sector.

The Coal Directory launched will serve as a comprehensive repository of insights into coal and lignite production, sectoral dispatches, and other critical aspects of the coal industry. The Swachhata Awards were also presented, honouring initiatives that maintain high standards of cleanliness and sustainability within the sector.

Through all these initiatives, the Ministry of Coal reiterated its commitment to enhancing the performance of coal and lignite mines, fostering industry collaboration, and driving the growth and development of the Indian coal sector. The event concluded with a renewed focus on sustainable practices and a forward-looking approach to meet the nation's energy needs.

TIOL CORP SEARCH

TIOL GROUP WEBSITES