Economy & Market

CIL arm achieves 95% exploration target till Dec

Published

6 years ago

January 3, 2020

admin

Coal India’s (CIL) exploration arm, Central Mine Planning & Design Institute (CMPDI) achieved 95 per cent of its exploration targets by December, last year. According to the company, in 2019-20, it was given a target to drill 14 lakh meters of which 5.05 lakh meters would be by the company, while the rest at 8.95 lakh meter was to be out sourced. Against this, 8.9 lakh meter of drilling has been carried out up to December 2019 against the target for the period of 9.32 lakh meter, which is 95 per cent of the target.

CMPDIL has also recently roped in Indian Institute of Technology, Kharagpur (IIT-KGP) for carrying out analysis of coal samples from different exploration camps. They signed a memorandum of understanding for a period of two years wherein CMPDI will entrust IIT-KGP with 3000 m of coal-cores annually to carry out different analytical tests to determine the quality of coal samples for incorporating in geological reports.

Additionally, the centre will pay CMPDIL Rs 1,240 crore between 2019 and 2021 for expediting exploration on blocks that would be auctioned to commercial coal miners. This year CMPDIL is expected to add 16 billion tonnes of proven reserves to the national resource base this year by March 2020.

The plan is to offer fully explored blocks on auctions to commercial miners, the centre has decided to nearly treble monetary allocation to the Coal India arm so that it can increase its exploration acreages multiples times," a senior Coal India executive said. Prior to 2019, the centre used to provide between Rs 200 crore and Rs 250 crore for exploration of non-Coal India blocks. Following opening up of commercial coal mining the coal ministry decided to more than double it during 2019-20 to Rs 540 crore. For 2020-21, the allocation has been increased nearly three times to Rs 700 crore.

Proven resources of coal in India have increased from 21 billion tonne in 1976 to 156 billion tonnes in 2019 which is mainly due the efforts of CMPDI.

Concrete

WCA Welcomes SiloConnect as associate corporate member

Published

3 days ago

April 13, 2026

admin

The World Cement Association (WCA) has announced SiloConnect as its newest associate corporate member, expanding its network of technology providers supporting digitalisation in the cement industry. SiloConnect offers smart sensor technology that provides real-time visibility of cement inventory levels at customer silos, enabling producers to monitor stock remotely and plan deliveries more efficiently. The solution helps companies move from reactive to proactive logistics, improving delivery planning, operational efficiency and safety by reducing manual inspections. The technology is already used by major cement producers such as Holcim, Cemex and Heidelberg Materials and is deployed across more than 30 countries worldwide.

Concrete

TotalEnergies and Holcim Launch Floating Solar Plant in Belgium

Published

3 days ago

April 13, 2026

admin

TotalEnergies and Holcim have commissioned a floating solar power plant in Obourg, Belgium, built on a rehabilitated former chalk quarry that has been converted into a lake. The project has a generation capacity of 31 MW and produces around 30 GWh of renewable electricity annually, which will be used to power Holcim’s nearby industrial operations. The project is currently the largest floating solar installation in Europe dedicated entirely to industrial self-consumption. To ensure minimal impact on the surrounding landscape, more than 700 metres of horizontal directional drilling were used to connect the solar installation to the electrical substation. The project reflects ongoing collaboration between the two companies to support industrial decarbonisation through renewable energy solutions and innovative infrastructure development.

Concrete

Cortec® Corporation applauded for its strong safety performance

Published

3 days ago

April 13, 2026

admin

Cortec® Corporation has been recognised for its strong safety performance, receiving its sixth Governor’s Workplace Safety Award for its outstanding performance in 2025. As a Silver Achievement recipient, the company continues to maintain safety metrics well above national industry averages, an impressive accomplishment for a chemical manufacturing organisation. This achievement reflects Cortec’s proactive approach to workplace safety, focused on early hazard detection and employee involvement. The company will be formally recognised at the Minnesota Safety and Health Conference in May, highlighting how industrial companies are effectively strengthening workplace safety standards.