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Business Jharkhand Headlines
EPFO Wage Ceiling Raised to 25000, Expanding Social Security Coverage The Union Cabinet has approved raising the EPFO wage ceiling from 15,000 to 25,000 per month, effective Thursday. The move is expected to bring more employees under mandatory PF coverage and increase contributions for existing members. The government estimates an annual additional burden of 11,339 crore, while over one crore employees could benefit through improved social security coverage.
Jharkhand Cancels LOIs for 5 Mines Over Delayed Forest Clearance The Jharkhand Government has cancelled Letters of Intent for five mines that remained stalled for eight to ten years due to pending forest and other mandatory clearances. The affected blocks include two gold, one iron ore and two graphite mines. The Mining Department will now begin the process of issuing fresh LOIs to new applicants for these projects.
Jharkhand Set to Restart 19 More Closed Mines in Kolhan The Jharkhand Mining Department has accelerated efforts to restart long-closed mines in Kolhan. Of the 28 mines identified during a review, nine have already resumed operations, while preparations are underway for 19 more. The remaining mines face legal, environmental and administrative hurdles, including expired leases, pending clearances, pollution board approvals and incomplete mine closure formalities.
CMPDI Expands Mining Technology and Engineering Capabilities Ranchi based CMPDI has strengthened its engineering and research capabilities to meet the changing needs of the mining sector. It prepared 30 project reports with a combined capacity of around 252 MTPA and 67 EIA/EMP reports. The company also developed washing capacity prospects and completed an underground coal gasification pilot plant, while supporting coal-bed methane and surface gasification projects.
CISF to Take Over Security at Amrapali Coal Project Security at the Amrapali open-cast mine in Chatra will be handed over to CISF from 18th September. Around 200 personnel have initially been deployed, with plans to increase the strength. The move comes under the Centre’s ‘Zero Coal Leakage’ campaign to curb illegal mining and coal theft. CISF, State Police and the coal company will jointly monitor security.
Tata Steel Launched Short Film Promoting Steel Recycling Tata Steel has launched the second phase of its ‘We Also Make Tomorrow’ campaign with a short film, ‘Recycle of Life’, created with British animator Martin Pick. The film highlights how steel can be recycled repeatedly without losing quality. The company is targeting net zero carbon emissions by 2045 and plans to produce 10 to 15 million tonnes of recycled steel annually.
Coal India Plans 1900 Crore Investment in Mining Technology Coal India plans to invest 1900 crore by 2030 in research, development and excellence centres to modernise mining. The company is adopting AI, IoT, data analytics, drones, GIS and remote sensing to improve safety, efficiency and resource recovery. Advanced technologies are also supporting automated dispatch, predictive maintenance and smarter mine monitoring across underground and open-cast operations.
JSERC Begins Process to Assess DVC’s Jharkhand Distribution Assets The Jharkhand State Electricity Regulatory Commission has started appointing a consultant to identify and value DVC’s distribution assets in Jharkhand. The exercise, to be completed within 90 days, follows an APTEL order. It will physically verify lines, substations, transformers and other assets, helping establish a separate cost and capital base for future tariff determination of DVC’s distribution business.
Demand Started to Reopen Long-Closed Sikni Colliery in Chandwa The Jharkhand Mineral Workers Union has stepped up its demand to reopen Sikni Colliery in Chandwa, which has remained closed for nearly two years. The union will hold a one-day protest and rally outside the corporation office on 28th September. It said the closure has affected hundreds of workers, truck owners, drivers, helpers and DO holders, pushing several families into financial difficulties.
Zero Coal Leakage Plan Shows Impact as CISF Seizes 6.42 Crore Illegal Coal CISF has intensified action against illegal coal trading in Jharkhand under the Zero Coal Leakage Plan. In the past two months, it seized around 11,000 metric tonnes of illegal coal valued at 6.42 crore, nearly four times last year’s quantity. CCL’s coal e-auction lifting rate also rose from 16-18% to over 75%, generating nearly ₹100 crore additional quarterly revenue.
JEMCL Wins Two Coal Blocks in Pakur Commercial Auction Jharkhand Exploration and Mining Corporation Limited (JEMCL) has secured two coal blocks in Pakur district through the commercial coal block auction conducted by the Union Coal Ministry in August. Margo East and Margo West are located in the Rajmahal coalfield. Margo East has 450 million tonnes of reserves and targets 3.6 million tonnes annual production, while Margo West targets 3.32 million tonnes.
Jharkhand Cancels Leases of Five Mines Over Pending Forest Clearance Jharkhand Government has cancelled leases of five mines auctioned eight to 10 years ago, including two gold, one iron ore and two graphite mines. Production could not begin due to pending forest clearance and other approvals. Chief Minister Hemant Soren has directed fresh auctions through MSTC. Company representatives said they plan to challenge the cancellations before the mining tribunal.
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