The Tamil Nadu government signed eight new Memoranda of Understanding (MoUs) worth Rs 10,399 crore. The cumulative investment envisaged in the projects will create 13,507 jobs across the state in solar cells, data centres and industrial parks, an official release said.
The Indian Railways is offering concessions on freight movement in a bid to improve industrial activity. The Railways is giving 50% discount on freight for up to 50km, 25% discount for 51-75km and 10% discount for 76-90km.
India and the US have announced new areas of research on transformational power generation based on supercritical CO2 (sCO2) power cycles and advanced coal technologies, including carbon capture, utilisation, and storage (CCUS), the Ministry of Science and Technology said.
Coal India has introduced a special spot e-auction scheme for importers to boost sales and reduce India’s dependence on imports. Buyers including traders who imported coal after March 2018 are eligible for bidding under the scheme.
The Coal Ministry is devising a single window clearance mechanism for faster online application processing for various approvals, including environmental clearance, required for operationalisation of coal blocks.