Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
The government stated that Coal India Ltd (CIL) has retained its lead among other Central Public Sector Enterprises (CPSEs) in Government e-Marketplace (GeM) procurement. GeM is the country's online platform for public procurement.
According to a statement from the coal ministry, as of February 14, 2024, procurement under GeM has increased to ₹63,890 crore, 300% of the yearly goal of ₹21,325 crore. "The Ministry of Coal has achieved a remarkable milestone in Government e-Marketplace (GeM) procurement, surpassing its target for the fiscal year 2023-24," said the statement.
The notable rise in GeM procurement emphasises the ministry's commitment and the coal PSUs' strong cooperation and contributions."Their proactive involvement has been instrumental in driving GeM procurement success story, further solidifying their position as key stakeholders in India's coal sector," the ministry said.
Also Read : Govt raises domestic natural gas prices to $8.17 per mmBtu for March SC notifies Centre about GST anti-profiteering provision
Iron ore prices drop for third straight month. China’s potential steel cuts weigh on demand....
China 30-Apr-2025
China has swiftly and significantly increased its dominance in the Indian steel import market, captu...
Business 02-Sep-2024
Iron ore fell to its lowest level in 10 months as the prolonged property crisis in China continues t...
Ferrous 01-Apr-2024
Türkiye’s steel industry is entering a decisive phase as the European Union’s...
Asia 13-May-2026
According to a senior government official, Goods and Services Tax (GST) co-insurance and re-insuranc...
Taxation 12-Feb-2024
NLC India Limited (NLCIL) has formed a wholly owned subsidiary called NLC India Green Energy Limited...
Renewables 06-Mar-2024