The brief
- SAIL and BCCL signed an MoU to jointly develop and operate two coal blocks
- The blocks are Indikatta Ramnagore and East of Damagoria (Kalyaneshwari)
- The coal collaboration may support SAIL’s raw-material access and affect Coal India subsidiary BCCL
- Dharmesh Kant bets on banks, mining and AI themes; cautious on FMCG
- Coal India Unit SECL said to hire banks for $800 million IPO
- Coal stocks worsen as 77 thermal power plants face critical inventories
- Washington happy to supply India's energy needs
- India orders 112 captive coal plants to run at full capacity from October 1
SAIL and Bharat Coking Coal's block development MoU
Steel Authority of India and Bharat Coking Coal signed an MoU to jointly develop two coking coal blocks in West Bengal.
Saturday, 26 September
- SAIL signs MoU with BCCL for joint development of coal blocks