Chairman, Coal India announces 11th edition of the Asian Mining Congress (Conference – AMC & Exhibition – IME) 2025
Ambar Bhattacharya, Takmaa News, Kolkata, 17th Jan 2025 : Shri P M Prasad, Hon’ble Chairman, Coal India Ltd addressed the media persons here today and announced the upcoming event of international significance – the 11th edition of the Asian Mining Congress (Conference – AMC & Exhibition – IME) 2025.
The prestigious event will be held at the Twin venues “Science City Ground & Biswa Bangla Mela Prangan”, Kolkata during October 30th – November 2nd 2025. Co-located with IME 2025, the 2nd edition of “ISME” – International Steel & Metallurgy Exhibition” – will also be organised at Science City Ground at Kolkata.
India has the potential to become a global mining equipment manufacturing hub, due to its skilled workforce, low labour costs, and a favourable business environment. In order to highlight this, the Mining Geological and Metallurgical Institute of India (MGMI) along with TAFCON, have been successfully organising the Asian Mining Congress (AMC) as well as International Mining, Equipment & Mineral Exhibition (IME) for past several years.
Though the growth of the mining, metal and metal industry has been historically driven by domestic consumption, moving forward both domestic demand and augmentation of exports will be a critical factor in the growth of the industry and its contribution to GDP growth. With the corporates’ participation and constant effort of the Government for the development of the mining sectors, significant growth can be achieved in the upcoming years.
India’s coal imports during the April-October period of the financial year 2024-25 witnessed a major decrease of 3.1 per cent, reaching 149.39 million tonne (MT) compared to 154.17 MT in the corresponding period of last year.
Although there was a significant growth of 3.87 per cent in coal-based power generation from April 2024 to October 2024 compared to the same period last year, imports for blending purposes by thermal power plants decreased substantially by 19.5 per cent during the same period.
In fact, coal production during the April-October 2024 period demonstrated an increase, reaching 537.57 MT compared to 506.93 MT in the same period of FY 2023-24, marking a growth of 6.04 per cent. This upward trend reflects the government’s ongoing efforts to streamline coal usage and enhance domestic production.
The coal ministry has already held a pre-bid meeting for the 11th round of commercial coal mine auctions, offering 27 coal mines. The bidding witnessed the participation of 50 bidders and addressed queries related to the auction process.
The 11th round of auctions is part of the government’s ongoing reforms in the coal sector. These reforms aim to increase private sector participation and boost domestic coal production to meet the country’s growing energy demands.
Meanwhile, in a regulatory filing earlier on January 15, 2025, CIL had informed the bourses that a meeting of its board of directors will be held on Monday, January 27, 2024 inter-alia to consider and approve unaudited financial results of the company for the third quarter ended December 31, 2024.
The PSU might also consider recommendation of a second interim dividend for the financial year FY 2024-25, if approved by the board. Coal India had declared its first interim dividend on October 25, 2024 at Rs 15.75 per equity share.
