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Coal corridors suggested to meet power demand

Mint Mumbai

|

December 10, 2024

The standing committee on coal, mines and steel has recommended dedicated coal corridors and real-time tracking systems to bolster coal transportation and address India's growing energy needs.

- Rituraj Baruah

Coal corridors suggested to meet power demand

In its latest report on demands for grants for FY25, the parliamentary panel highlighted how these measures could optimize routes, improve transparency, and enhance the monitoring of coal movement across the supply chain.

The recommendations come as India's coal production hits record highs, following the supply crisis of September-October FY22. Domestic output is expected to surpass 1 billion tonnes for the first time in FY25.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Bank-funded acquisitions won't displace private credit

The Reserve Bank of India's (RBI) draft framework for bank-led acquisition finance marks a decisive policy turn: Indian banks can now enter the acquisition finance market within a clear perimeter, reshaping the competitive dynamics between banks and private credit funds.

time to read

3 mins

November 20, 2025

Mint Mumbai

Air India lobbies to use airspace over China's Xinjiang

India-China flights resumed after a five-year hiatus.

time to read

1 mins

November 20, 2025

Mint Mumbai

Nitish Kumar to take oath as Bihar CM

JD(U) supremo Nitish Kumar to be sworn-in as Bihar chief minister for a record 10th time.

time to read

1 min

November 20, 2025

Mint Mumbai

Mint Mumbai

A fresh perspective on abstraction in art

A new exhibition in Mumbai showcases different approaches to abstraction by artists like Zarina, Seher Shah and Mehlli Gobhai

time to read

3 mins

November 20, 2025

Mint Mumbai

Govt eyes post-cut GST revenue surge

FinMin expects Nov GST receipts growth to rebound to 10%

time to read

2 mins

November 20, 2025

Mint Mumbai

PayMate pulls plug on West Asia operations

The Visa-backed B2B payments firm is scrambling to raise more funds

time to read

2 mins

November 20, 2025

Mint Mumbai

Exide's dual bet: Can lithium-ion offset a weakening core?

Exide Industries Ltd is struggling to fuel its core lead-acid business while simultaneously turning its capex-heavy lithium-ion venture into a viable second growth engine.

time to read

1 mins

November 20, 2025

Mint Mumbai

Bank-funded acquisitions won’t displace private credit

The Reserve Bank of India's (RBI) draft framework for bank-led acquisition finance marks a decisive policy turn: Indian banks can now enter the acquisition finance market within a clear perimeter, reshaping the competitive dynamics between banks and private credit funds.

time to read

3 mins

November 20, 2025

Mint Mumbai

Afghanistan trade minister seeks India investments, goods

Afghanistan's Taliban trade minister arrived in India on Wednesday on a maiden visit to draw greater investments and goods as both countries consider ways to enhance their relations in the backdrop of souring relations with neighboring Pakistan.

time to read

1 min

November 20, 2025

Mint Mumbai

Mint Mumbai

Fractal Analytics bets heavily on R&D in AI race before IPO

Enterprise artificial intelligence firm Fractal Analytics plans to maintain high research and development (R&D) spending ahead of its market debut for which a date has not yet been set, a top executive has said.

time to read

2 mins

November 20, 2025

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