Chhattisgarh development

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Chhattisgarh Development

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In the state of Chhattisgarh, the government is in the process of formulating a skill development policy under the initiative of Prime Minister Narendra Modi, which would be finalized in the next three months.

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The government is focusing more on skill development so as to generate more employable manpower.

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In the sector of renewable energy, Chhattisgarh development has reached a certain level. It was felicitated for emerging as one of the best performing states in the renewable energy.

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Prime Minister Narendra Modi presented the award to Principal Secretary of Chhattisgarh's Energy department, Aman Singh, during the Renewable Energy Global Investors Meet (RE-Invest).

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Chhattisgarh development has been correlated with doing commendable work in renewable energy sector. Through rice dusk they are generating 45 MW off grid solar power and 200 MW.

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On the third day of the second phase of the coal block auctions, Hindalco Industries and Jindal Power have bagged one mine each.

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Hindalco Industries has bagged Dumri mine in Jharkhand for an estimate of Rs 9,809 crore, while Jindal Power won Tara block in Chhattisgarh for Rs 2,103 crore. The bidding for Nerad Malegaon in Maharashtra is still on. "Hindalco highest bidder at Rs 2,127 ( per tonne) for Dumri and Jindal Power at Rs 126 (a tonne) for Tara coal block.

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Auction for Tara block, which is for power sector, was also done. For Dumri, the auction began at Rs 2,125 per tonne while for Nerad Malegaon it started at Rs 413 per tonne.

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There were eight players vying to grab Dumri block in Hazaribag district of Jharkhand with extractable reserves of 46.13 MT. For grabbing this block, there was a huge rush among the companies such as Balco, Eastern range Coal Mining Private Ltd, Hindalco Industries Ltd, Lakeview Dealtrade Private Ltd, Rungta Mines Ltd, Natural Resources Private Ltd, Sesa Sterlite Ltd and Usha Martin Ltd.

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A maximum of nine companies -- Adani Power Ltd, Adani Power Rajasthan Ltd, Adani Power Maharashtra Ltd, Athena Chhattisgarh Power Ltd, Jindal Power Ltd, JSW Energy Ltd, KSK Mahanadi Power Company Ltd, LANCO Amarkantak Power and Rattan India Nasik Power Ltd were vying for Tara block in Surguja district of Chhattisgarh.

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The block with extractable reserves of 166.92 million tonnes (MT) was previously allotted to Chhattisgarh Mineral Development Corporation. For Chhattisgarh development there is utmost importance to utilise the treasure of resources.

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Nerad Malegaon in Yavatmal district in Maharastra has extractable reserves of 10.29 MT which also has been named under auction.

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It was previously owned by M/s Gupta Metallics & Power Ltd and M/s Gupta Coalfields & Washeries Ltd . Among the companies in the race are: Godawari Power and Ispat Ltd, Grace Industries Ltd, Indrajit Power Pvt Ltd, OCL Iron and Steel Ltd and Sunflag Iron and Steel Company Ltd.

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