Author: Business Jharkhand

India’s industrial production grew by just 3.2% in December 2024, marking a three-month low due to poor performance in mining and manufacturing sectors. In comparison, production had risen by 4.4% in December 2023. The government revised November’s Industrial Output Index to 5%. However, electricity production saw a strong increase of 6.2%.

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Godda: Neeladri Roy, Director (Technical), Operations, Projects, and Planning of Eastern Coalfields Limited (ECL), visited the Rajmahal area in Godda district on Thursday 16th January 2025. During his visit, Roy inspected several key projects, including the Taljhari, Basdiha, Lohandiya Patch, BLS, and Deep Mines, and provided suggestions to improve production and productivity. Roy also conducted a detailed inspection of the Hurra ‘C’ project Roy also visited the Dumariya Kaddu Tola rehabilitation site and instructed officials to expedite the ongoing rehabilitation work. Additionally, he conducted a detailed inspection of the Hurra ‘C’ project and issued necessary directions to ensure its smooth…

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Ranchi: A pre-budget consultation workshop for the upcoming FY2025-26 state budget was organized at the Project Bhawan on 16th January 2025, under the chairmanship of Finance Minister Radhakrishna Kishore. The event gathered experts from various sectors such as agriculture, irrigation, forest and environment, rural development, livelihoods mission, urban development, tourism, industries, and mining. The primary aim of the workshop was to solicit suggestions that would enhance the welfare of Jharkhand’s diverse communities – especially farmers, tribal populations, and residents of remote areas. These inputs will be incorporated into the upcoming state budget to create inclusive growth and development, keeping in…

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Ranchi: Jharkhand’s Chief Secretary, Mrs. Alka Tiwari, has instructed officials to swiftly resolve the issues hindering the commencement of 34 coal blocks allocated by the State Government. She emphasized that the faster these coal blocks begin operations, the sooner economic activities and employment opportunities will boost in the region, alongside a significant increase in the state’s revenue. Mrs. Tiwari was presiding over a review meeting on Wednesday, 15th January 2025 to address the challenges faced in operationalizing the allocated coal blocks. The review highlighted several key obstacles, including land acquisition, compensation issues, forest clearances, and challenges related to local rivers,…

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Ranchi: Sunil Singh, an accused in the mining scam, surrendered before the special court of the CBI on today, in the court of Judge P.K. Sharma. The court granted him conditional bail. Sunil Singh, currently the General Manager at JSW Company, was employed in the Usha Martin Company, when the case was filed against him. He is accused of involvement in corruption related to the mining allocation to Usha Martin in 2005. In 2005, Usha Martin was allotted an iron ore mine in Ghatkuri, located in West Singhbhum district. It is alleged that corruption took place during this allocation. Other…

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Hazaribagh: Under the instructions of Deputy Commissioner Nancy Sahay, a meeting of the CSR Committee has been organized today in the Deputy Commissioner’s office, chaired by Additional Deputy Commissioner (DDC) Ishtiaq Ahmad. During the meeting, DDC Ishtiaq Ahmad and District Project Officer Pankaj Tiwari jointly reviewed the progress of schemes being implemented under the CSR funds. They directed the concerned companies to provide a list of the progress of the schemes they are operating and the work being carried out through these initiatives. Representatives from companies such as CCL, Adani Enterprises, NTPC, NMDC, ONGC, and Prabha Energy briefed the DDC…

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Ranchi: A high-level meeting was held between senior officials of the State Government, Ministry of Coal, Coal India, and its subsidiary units in the presence of Chief Minister Hemant Soren and Union Coal Minister G. Kishan Reddy. The meeting focused on various issues related to coal mining and their solutions. During the meeting at the Chief Minister’s residential office, the Chief Minister emphasized the need for better collaboration between the Central and State Governments in areas like Coal Mining, Production, Transportation, Land Acquisition Compensation, Displacement, DMFT funds, and CSR activities. He mentioned that resolving coal mining-related problems will help change…

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Raigarh: The TinkrHat STEM School project has been launched at the Government Primary School in Kodkel with the support of Hindalco CSR and TinkrHat Innovation Foundation (TIF). The event was graced by the presence of District Education Officer Dr. K. V. Rao, Block Education Officer Monika Gupta, Village Sarpanch Ms. Ramila Rohit Sidar, School Committee President Suresh Sidar, Hindalco HR Head Prem Kumar Singh, and senior citizens from the Kodkel village. Through this initiative, primary school children will have the opportunity to learn the principles of Science, Technology, Engineering, Arts, and Mathematics (STEAM) in an interactive and fun way. District…

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The Jharkhand Revenue, Registration, and Land Reforms Department has launched a comprehensive review of all mining leases in the State to ensure adherence to regulations. The investigation will focus on verifying the clarity of consideration amounts in lease registrations, proper execution by authorized Government representatives, and compliance with stamp duty and registration fees. Inspectors will also examine documents related to cooperative societies and other entities. Any discrepancies will prompt corrective actions, addressing concerns raised by the Accountant General regarding irregularities. This initiative is part of the Government’s push to enhance transparency, curb corruption, and boost revenue collection in the mining…

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Highlights Phase-1 Commissioning Timeline: PVUNL’s 2,400 MW Phase-1 project, comprising three units of 800 MW each, will commence operations in 2025. The first unit is set to begin commercial power generation by January, the second by September, and the third by December. Power Allocation to Jharkhand: As per the MoU between NTPC and JBVNL, 85% of the generated power will be allocated to Jharkhand, ensuring affordable and reliable electricity for the State. Phase-2 Expansion Plans: Preparations are underway for Phase-2, which will add an additional 1,600 MW (2×800 MW) capacity, further bolstering the region’s power generation capabilities. Coal Supply from…

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