Back out due to poor fuel linkage; state to lose Rs 10,000 cr investments, 2,320 Mw power capacity Apart from poor coal linkages, thermal power producers in Odisha are also having to deal with weak
To make Odisha an industrial state, the Naveen Patnaik government signed MoUs with 30 independent power producers (IPPs) to set up their units in the state since 2005. Eleven years on, only three IPPs
Talks to sell the power plant in Odisha to JSW Energy are in final stages and strategic buyers have been identified for its steel business Lenders prepare Monnet Ispat for recovery A hostile business
In the first major step towards opening the coal mining sector, the government will start allocating coal blocks to state governments for commercial mining. The move, likely in a month, will put an end
Centre will not press its request for sparing 46 coal blocks from cancellation at the next hearing, even as it has started identifying mines that may be available for auction The government will not press
Jindal, Aditya Aluminium, Vedanta among firms benefiting from arbitrary use of emergency provisions, according to CAG report The Comptroller & Auditor General of India (CAG) has rapped arbitrary use
A high-level panel in the environment ministry has deferred a decision on granting green approval to Monnet Ispat & Energy Ltd's underground coal mining project in Chhattisgarh. "The proponent informed the Committee (Expert Appraisal Committee) that the Inter Ministerial Group (IMG) had recommended that block is liable for deallocation.... In view of the recommendations of the IMG, the Committee deferred the project for further consideration," an official source said.
Govt reviewing the allocation of 61 blocks that have not started production The inter-ministerial group, which is reviewing allocation of coal blocks, has decided to give more time to 10 companies to obtain final forest and environment clearance for the eight blocks that have not yet started production.
The companies are crying foul over the cancellation of 25 blocks held by 68 firms over the past two days. With a few of them mulling legal recourse, the stage is set for a long-drawn battle over the issue.
The government has granted environment clearance for as many as 12 coal mines in the past two months. The ministry of environment and forests, after scrutinising conditions fulfilled, has issued the approvals, some of which include forest clearances, for about 10-12 mine blocks over the past two months, sources said.
