March 2017

Tata Steel UK closes pension scheme to new accrual

commodities, International, Metals, News, Steel, Uncategorized /

[av_heading heading=’Tata Steel BSE -0.36 % UK today said it will close the British Steel Pension Scheme to future accrual from March 31 and employees will get a new contributory scheme for their retirement savings thereafter. ‘ tag=’h3′ style=’blockquote modern-quote’ size=” subheading_active=’subheading_below’ subheading_size=’15’ padding=’1′ color=” custom_font=”] Tata Steel BSE -0.36 % UK today said it […]

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Centre may approve new coal linkage policy for power plants

Coal, commodities, News, Uncategorized /

[av_heading heading=’Government is likely to approve a new coal linkage policy soon for ensuring adequate supply of the fuel to power plants. Companies which do not have coal linkages at present, would benefit immensely from the new policy as they would get domestic fuel supplies at competitive rates through reverse auction route’ tag=’h3′ style=’blockquote modern-quote’

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CMPDIL has raised concerns over the future of CIL.

Coal, Coking Coal /

[av_heading heading=’Central Mine Planning & Design Institute Ltd (CMPDI), CIL’s technical consultancy wing, has flagged off the existential crisis telling prospective consultants that since coal is fast being replaced by renewable energy sources like solar, wind, there could be a dip in coal mining in future leading to shrinkage of consultancy assignments.’ tag=’h3′ style=’blockquote modern-quote’

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