Latest news with #PMPrasad
Time of India
16 hours ago
- Business
- Time of India
Coal mining sector needs modernising, say experts
Dhanbad: Mining experts, technocrats, and industry leaders from across the globe gathered in Dhanbad to brainstorm ideas for promoting innovation, sustainable strategies and safety in underground mining at an international exhibition titled Enhancing Production, Productivity and Safety in Underground Mining ( EPPSUM-2025 ) on Friday. Coal India Limited chairman P M Prasad inaugurated the event. D C Panigrahi, former director of IIT-ISM Dhanbad stressed on the urgent need for urgent need for revamping underground mining practices through technology to make underground mining safe and more efficient. Bharat Coking Coal Limited CMD Samiran Datta, speaking at the event, highlighted on strategic importance of underground mining for coal and critical minerals. "Collaborative efforts are needed to modernise the sector," Dutta said.
Time of India
a day ago
- Business
- Time of India
Coal mining sector needs modernising, say experts
Dhanbad: Mining experts, technocrats, and industry leaders from across the globe gathered in Dhanbad to brainstorm ideas for promoting innovation, sustainable strategies and safety in underground mining at an international exhibition titled Enhancing Production, Productivity and Safety in Underground Mining (EPPSUM-2025) on Friday. Tired of too many ads? go ad free now Coal India Limited chairman P M Prasad inaugurated the event. D C Panigrahi, former director of IIT-ISM Dhanbad stressed on the urgent need for urgent need for revamping underground mining practices through technology to make underground mining safe and more efficient. Bharat Coking Coal Limited CMD Samiran Datta, speaking at the event, highlighted on strategic importance of underground mining for coal and critical minerals. "Collaborative efforts are needed to modernise the sector," Dutta said. Dhanbad: Mining experts, technocrats, and industry leaders from across the globe gathered in Dhanbad to brainstorm ideas for promoting innovation, sustainable strategies and safety in underground mining at an international exhibition titled Enhancing Production, Productivity and Safety in Underground Mining (EPPSUM-2025) on Friday. Coal India Limited chairman P M Prasad inaugurated the event. D C Panigrahi, former director of IIT-ISM Dhanbad stressed on the urgent need for urgent need for revamping underground mining practices through technology to make underground mining safe and more efficient. Bharat Coking Coal Limited CMD Samiran Datta, speaking at the event, highlighted on strategic importance of underground mining for coal and critical minerals. "Collaborative efforts are needed to modernise the sector," Dutta said.
United News of India
09-05-2025
- Business
- United News of India
CIL and AM Green aim for India's largest RE Supply Contract
Hyderabad, May 9 (UNI) Coal India Limited (CIL), plans to supply 4,500 MW of carbon-free energy, in phased manner, to upcoming green ammonia facilities of AM Green. It would be through a combination of solar and wind whose capacities CIL aims to set up on pan India basis. This initiative aligns with India's national goal of achieving a cleaner energy mix and transition towards net-zero emissions, the company said in a release on Friday. A formal non-binding memorandum of understanding (MoU), for long-term supply and sourcing of renewable energy, was inked on Wednesday between the two entities. While the solar power capacity would be to the tune of 2500 MW to 3000 MW, wind is expected to account between 1500 MW and 2000 MW at an estimated total outlay of around Rs. 25,000 Crores. Potential sites for wind projects will be explored in the southern states of the country while for solar plants in the sunny states like Gujarat and Rajasthan. AM Green will integrate the two renewable sources supplied by CIL with pumped hydro storage to ensure a steady supply of green energy to AM Green facilities. 'While coal remains our mainstay in meeting India's expanding energy needs in the near term, our plans include a proactive role in building a greener and more sustainable future. This is in consonance with our commitment to become the country's integrated energy provider' said P M Prasad, CIL's Chairman. AM Green, promoted by the founders of Greenko, one of India's leading energy transition solutions providers, targets to produce 5 million tons per annum (MTPA) of green ammonia by 2030. This equals around 1 MTPA of green hydrogen and represents a fifth of India's target for green hydrogen production under the National Green Hydrogen Mission. Anil Chalamalasetty, Founder of the Hyderabad based Greenko Group & AM Green, said, 'We aim to become one of the most cost-competitive producers of green hydrogen, green ammonia, and other green molecules in the world'. The agreement was signed by Sudarsan Bora, GM (E&M) representing CIL while his counterpart from AM Green was Shatanshu Agrawal, Sr. Vice President – Business Development. P M Prasad, Chairman, CIL, Mukesh Choudhary, Director (Marketing) CIL and Anil Kumar, GM (MM & Solar) CIL were also present. UNI KNR RN
Time of India
09-05-2025
- Business
- Time of India
CIL, AM Green ink 4500MW RE supply deal for ammonia production
Hyderabad: In what is touted as one of the world's largest renewable energy contracts, Coal India Limited ( CIL ) inked a deal to supply 4500 MW of carbon-free energy to the upcoming green ammonia facilities of Hyderabad-based Greenko Group's AM Green . The green power will be supplied through a combination of solar and wind capacities that CIL plans to set up on a pan-India basis, including 2500 MW to 3000 MW of solar and 1500 MW to 2000 MW of wind at an estimated total outlay of around Rs 25,000 crore. While CIL will explore potential sites for the wind projects in the southern states, it will look at sunny states like Gujarat and Rajasthan for the solar plants. AM Green said it will integrate the two renewable sources supplied by CIL with pumped hydro storage to ensure a steady supply of green energy to AM Green and AM Green said they have already inked a formal non-binding memorandum of understanding (MoU) for the long-term supply and sourcing of renewable energy, which aligns with India's goal of achieving a cleaner energy mix and transitioning towards net-zero emissions."While coal remains our mainstay in meeting India's expanding energy needs in the near term, our plans include a proactive role in building a greener and more sustainable future, which is in consonance with our commitment to become the country's integrated energy provider," CIL Chairman P M Prasad Group & AM Green founder Anil Chalamalasetty said with one of the world's largest carbon-free, renewable energy supply contracts, AM Green aims to become one of the most cost-competitive producers of green hydrogen, green ammonia, and other green molecules in the world. AM Green, promoted by the founders of Greenko, is targeting production of 5 million tonnes per annum (MTPA) of green ammonia by 2030, which equals around 1 MTPA of green hydrogen and represents a fifth of India's target for green hydrogen production under the National Green Hydrogen Mission.
Time of India
09-05-2025
- Business
- Time of India
CIL, AM Green aim for India's largest RE supply contract
Mumbai: Coal India Limited ( CIL ) on Friday said it plans to supply 4,500 MW of carbon-free energy , in phased manner, to upcoming green ammonia facilities of AM Green . According to the official press release, it would be through a combination of solar and wind whose capacities CIL aims to set up on pan India basis. This initiative aligns with India's national goal of achieving a cleaner energy mix and transition towards net-zero emissions. A formal non-binding memorandum of understanding (MoU), for long-term supply and sourcing of renewable energy , was inked on 7th May between the two entities. The release added that while the solar power capacity would be to the tune of 2500 MW to 3000 MW, wind is expected to account between 1500 MW and 2000 MW at an estimated total outlay of around Rs. 25,000 Crores. Potential sites for wind projects will be explored in the southern states of the county. And, for solar plants in the sunny states like Gujarat and Rajasthan. AM Green will integrate the two renewable sources supplied by CIL with pumped hydro storage to ensure a steady supply of green energy to AM Green facilities. 'While coal remains our mainstay in meeting India's expanding energy needs in the near term, our plans include a proactive role in building a greener and more sustainable future. This is in consonance with our commitment to become the country's integrated energy provider,' said P M Prasad, CIL's Chairman. AM Green promoted by the founders of Greenko, one of India's leading energy transition solutions providers, targets to produce 5 million tons per annum (MTPA) of green ammonia by 2030. This equals approximately 1 MTPA of green hydrogen and represents a fifth of India's target for green hydrogen production under the National Green Hydrogen Mission. Anil Chalamalasetty, Founder of the Hyderabad based Greenko Group & AM Green, said, 'We are delighted to partner with CIL on one of the world's largest carbon-free, renewable energy supply contracts. We aim to become one of the most cost-competitive producers of green hydrogen, green ammonia, and other green molecules in the world'. AM Green is promoted by founders of Greenko Group, a renewable energy conglomerate.
