coal sector initiatives: Coal companies to bring more than 2,400 hectares under green cover this year, Energy News, ET EnergyWorld

2022-09-18 22:21:19 By : Ms. JANE MA

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Greening drive is in full swing in coal mining areas and about 1,000 Ha of land has already been covered through block and avenue plantation, grassland creation, bamboo plantation and high-tech cultivation by August 15.

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Vedanta obtained financial and non-financial subsidies including on capital expenditure and cheap electricity from Gujarat to build the semiconductor plants, the first source with knowledge of the matter said.

Among the three bidders, RIL has made the highest offer - of around ₹1,960 crore - to lenders, and most of the money would be paid upfront, one of the persons cited above said. If RIL emerges as the winning bidder, it would mark the conglomerate's entry into coal-based power production.

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