#WATCH | Secunderabad, Telangana | On the impact of West Asia Conflict, Prime Minister Narendra Modi says, "In this time of global crisis, we have to make a resolution keeping duty paramount and fulfil it with complete dedication. A big resolution is to use petrol and diesel sparingly. We must curb our use of petrol and diesel. In cities with metro lines, we should decide to travel by metro only. If we must use a car, then we should try to carpool... People with electric vehicles should try to use them as much as possible. During the Corona period, we developed many systems of work from home, online meetings, and video conferences, and we even became accustomed to them. Today, the demands of the times are such that if we restart these systems, it will be in the national interest. We must prioritise work from home, online conferences, and virtual meetings again. We must also place a strong emphasis on saving foreign exchange, as petrol and diesel have become so expensive globally... It is our responsibility to save the foreign currency spent on purchasing petrol and diesel... The growing culture of weddings abroad, travelling abroad, and vacationing abroad is becoming prevalent among the middle class. We must decide that during this time of crisis, we should postpone travelling abroad for at least a year..."
(Source: DD News)
India currently has ample coal stocks across mines and power plants, ensuring that supplies can be delivered to consumers at very short notice. There is no shortage in power generation capacity, as coal production is keeping pace with consumption levels.
Coal-based power continues to meet around 70% of the country’s energy needs. Through coordinated efforts, India has maintained an affordable and sufficient supply, achieving coal production of 1 billion tonnes for the second consecutive year
- Sanjeev Kumar Kassi, Joint Secretary, @CoalMinistry
#EnergySecurity
𝐎𝐮𝐫 𝐒𝐮𝐛𝐬𝐢𝐝𝐢𝐚𝐫𝐲 𝐂𝐌𝐏𝐃𝐈 𝐌𝐚𝐤𝐞𝐬 𝐃𝐞𝐛𝐮𝐭 𝐨𝐧 𝐒𝐭𝐨𝐜𝐤 𝐄𝐱𝐜𝐡𝐚𝐧𝐠𝐞𝐬
Shares of our subsidiary, Central Mine Planning and Design Institute (CMPDI), made debut on the stock exchanges, opening at ₹160 on the National Stock Exchange (NSE) and ₹162.8 on the Bombay Stock Exchange (BSE). The company’s Initial Public Offering (IPO), which was open for subscription from March 20 to 24, received full subscription, reflecting investor confidence in the company’s growth prospects and strong fundamentals.
Speaking on the occasion, our Chairman, Shri B. Sairam, highlighted that the wise minds of CMPDI have been the driving force behind scientific mine planning and design in India. He said CMPDI has been the brain behind the conceptualization and design of mines of Coal India, including mega mines and projects across its subsidiaries. He credited the success of CMPDI’s IPO to the company’s manifestation, duly validated by investors’ confidence. With CMPDI also expanding its consultancy portfolio into diversification areas, including critical minerals and solar energy, he assured investors of strong value potential in CMPDI scrips.
Shri Sanjeev Kumar Kassi, Joint Secretary, Ministry of Coal, lauded the coal sector’s resilience, adaptability, and unwavering commitment to ensuring the nation’s energy security. He described CMPDI as more than a consultancy - an intellectual powerhouse for the mining industry. He further added that CMPDI has not only driven the growth of the coal sector but has also contributed to shaping policy frameworks in areas such as coal gasification. He also mentioned that investing in CMPDI is investing in India’s energy security and its growth story.
Shri Chaudhari Shivraj Singh, CMD, CMPDI, stated that since its inception, CMPDI has been providing consultancy services to Coal India. With the opening up of the coal sector, the company has now extended its services to non-Coal India clients in the coal sector, as well as to clients in other mineral sectors. He expressed his gratitude to all stakeholders for the success of CMPDI’s IPO and its listing on the stock exchanges.
Our Director (Finance) Shri Mukesh Agrawal; Director (Business Development) Shri Asheesh Kumar; CVO, Shri Brajesh Kumar Tripathy; Shri Naveen Agarwal, Joint Secretary, DIPAM, Govt of India; Shri Ashish Kumar Chauhan, Managing Director & CEO, NSE, and senior management of CMPDI were present on the occasion.
#CoalIndia
@PMOIndia | @kishanreddybjp | @satishdubeyy | @CoalMinistry | @KishanreddyOfc | @PIB_Coal | @DPE_GoI | @mygovindia | @BSEIndia | @NSEIndia | @SecyDIPAM | @cmpdil
#WATCH | Delhi: On #UnionBudget2026, Anuj Gupta, Managing Director for India at BowerGroupAsia (BGA), says, "The budget shows the futuristic planning of PM Modi. Three things are great about the budget... The focus on infrastructure development... Number two, there is a lot of focus on health and education... Lastly, I think the buzzword for the budget is trust. Trust is evident in two segments. First, there is trust in the states. 41% of the government of India's revenue will go to the states, which can use it to improve their own lives. Secondly, there is trust in the taxpayers. For example, penalties have been reduced, and self-certification has been introduced..."
He adds, "Three things I would like to see more of are: the mantra of this government is 'minimum government.' That probably does not reflect well on the budget, because it says a lot about what the government will do... If the government has to do everything, what is the role of the private sector? I think relying more on the private sector would lead to a better budget. Secondly, a number of high-speed corridors have been announced, which is good. But I would say they should focus on completing the high-speed corridors that have already been under development since 2017... Thirdly, a fund of Rs 2,000 crore has been announced for MSMEs. For SMEs, there's a fund of Rs 10,000 crore... There are 7 crore MSMEs in the country. So, if you divide Rs 2,000 crore by 7 crore, it comes to about Rs 300 per MSME. Rs 300 is nothing for an MSME. Rather than announcing certain numbers for the sake of it, the government should ensure ease of doing business..."
India and New Zealand have announced the conclusion of negotiations for a comprehensive Free Trade Agreement. The concluded outcome covers trade in goods, services and investment, reflecting a shared commitment to deepen economic engagement, strengthen market access and enhance long-term cooperation between the two economies.
#IndiaNZFTA #TradeServicesInvestment
@PiyushGoyal@RajeshAgrawal94@PIB_India
The Ministry of Coal has simplified procedures for disposal of coal washery rejects to expedite utilisation, reduce procedural delays, and promote environmentally responsible practices.
Details -
https://t.co/FAoWGQYffk
#CoalPolicy#EaseOfDoingBusiness#MinistryOfCoal
CoalSETU is breaking barriers by offering coal linkages without any end-use restrictions. This flexibility means industries can now utilize coal for a wide range of purposes and even explore export opportunities!
#CoalSectorReforms#CoalSETU#PolicyInnovation
#Cabinet approves Policy for Auction of Coal Linkage for Seamless, Efficient & Transparent Utilisation (#CoalSETU)
The Policy will allow allocation of coal linkages on auction basis on long-term for any industrial use and export by adding a separate window named CoalSETU in the NRS (Non-Regulated Sector) Linkage Auction Policy of 2016, wherein any domestic buyer requiring coal can participate in the linkage auction
-Union Minister @AshwiniVaishnaw
#CabinetDecisions
With the introduction of the CoalSETU window under the Non-Regulated Sector coal linkage auctions, coal consumers can now access coal without any end-use restrictions.
Whether for industrial use or export, this new flexibility empowers consumers and is set to transform coal utilization across the Non-Regulated Sector.
#CoalSectorReforms #CoalSETU #PolicyInnovation
Cabinet chaired by Hon'ble PM Shri @narendramodi ji approves CoalSETU window: Auction of coal linkages for diverse industrial uses and exports, ensuring fair access and optimal resource utilisation.
#CabinetDecisions
Cabinet approves CoalSETU window: Auction of coal linkages for diverse industrial uses and exports, ensuring fair access and optimal resource utilisation.
Details: https://t.co/Pw1T4hBHtz
#CoalSectorReforms#CoalSETU#PolicyInnovation
The Union Cabinet has approved for the Policy for Auction of Coal Linkage for Seamless, Efficient & Transparent Utilisation by creation of ‘CoalSETU window’ in the Non-Regulated Sector Linkage Policy to utilise coal for any industrial use & export.
The new policy adds to the series of coal sector reforms being undertaken by the Government.
#CabinetDecisions
➡️ #Cabinet approves Coal Linkage for Seamless, Efficient & Transparent Utilisation (#CoalSETU) window: Auction of coal linkages for diverse industrial uses and exports, ensuring fair access and optimal resource utilisation
➡️ The Policy will allow allocation of coal linkages on auction basis on long-term for any industrial use and export by adding a separate window named CoalSETU in the NRS (Non-Regulated Sector) Linkage Auction Policy of 2016 wherein any domestic buyer requiring coal can participate in the linkage auction. The coking coal shall not be offered under this window
Read here: https://t.co/XLDnIg3YWQ
#CabinetDecisions
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𝐀 𝐌𝐚𝐣𝐨𝐫 𝐒𝐭𝐞𝐩 𝐓𝐨𝐰𝐚𝐫𝐝𝐬 𝐒𝐞𝐚𝐦𝐥𝐞𝐬𝐬, 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 & 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐭 𝐔𝐭𝐢𝐥𝐢𝐬𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐂𝐨𝐚𝐥!
#CabinetDecisions | The Union Cabinet Committee on Economic Affairs, chaired by Hon’ble Prime Minister Shri @narendramodi Ji, has approved the Policy for Auction of Coal Linkage for Seamless, Efficient & Transparent Utilisation (CoalSETU) through the creation of a new ‘CoalSETU Window’ in the NRS (Non-Regulated Sector) Linkage Policy.
This new window enables auction-based long-term coal linkages for any industrial use and export, ensuring fair access to domestic coal resources and reducing dependence on imports.
𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 :
• Long-term coal linkages without end-use restrictions
• Participation open to all domestic industrial coal buyers (except traders)
• Export of up to 50% of the coal linkage quantity
• Flexible utilisation of coal across Group companies
• Higher availability of washed coal, promoting cleaner and efficient use
• Boost to ease of doing business and accelerated deployment of coal resources
This landmark decision reinforces ongoing coal sector reforms and contributes to the vision of #AtmanirbharBharat and a #ViksitBharat
Read more here: https://t.co/O9JHop9pDD
The Cabinet has approved the CoalSETU window to enable the auction of coal linkages for diverse industrial uses and exports.
The reform ensures transparent allocation, fair access for industries, and optimal utilisation of coal resources
#Cabinet#CabinetDecisions
#Cabinet approves CoalSETU window: Auction of coal linkages for diverse industrial uses and exports, ensuring fair access and optimal resource utilisation
#CabinetDecisions
The big reform in the coal sector approved by PM Shri @narendramodi ji, will allow optimal utilisation of our coal resources and further make this sector a champion of Atmanirbhar Bharat.
#CoalSETUWindow will facilitate efficient coal linkages, boost domestic production and exports, strengthen energy security and add great momentum to achieving self-reliance in the coal sector.