Monnet Ispat and Energy Ltd

Order of the National Green Tribunal regarding discharge of wastewater by the municipality of Belpahar on a farmers land, Jharsuguda, Odisha, 15/05/2025

Order of the National Green Tribunal (Eastern Zone Bench, Kolkata) in the matter of Nabin Kisan Vs State of Odisha & Others dated 15/05/2025. The matter related to discharge of wastewater by the municipality of Belpahar on the applicants land. The affidavit filed by the District Magistrate, Jharsuguda, May 14, …

Pollution glare on 4 firms

Ranchi, July 25: Jharkhand High Court today issued notices to Monnet Ispat, Punjab State Power Corporation and Damodar Valley Corporation for polluting River Damodar. It also directed Central Coalfields Limited (CCL) to file an additional affidavit to counter similar allegations against it. A division bench of Chief Justice Prakash Tatia …

Govt considering proposal to limit public-private JVs in mining sector

In a move that would impact Adani Mining, Moser Baer, Vedanta, Monnet Ispat and the Jaypee Group among others, the government is set to consider a proposal to put restrictions on public-private joint ventures (JVs) for developing mineral blocks, particularly coal mines, allocated to state-run corporations and PSUs under a …

Coal ministry slaps notices on two more blocks

JSPL, Tata Power, Monnet Power, Jindal Photo in the dock The Ministry of Coal (MoC) has issued showcause notices to two more coal blocks in Odisha over delay in developing the mines, continuing its crackdown on non-serious allocatees. The coal blocks in question are Mandakini block jointly allocated to Tata …

More trouble likely for captive coal miners in Madhya Pradesh

R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss In yet another case of a state government asserting its right on natural resources, Madhya Pradesh is set to issue notices imposing a new environmental benefit-sharing levy on mining companies operating in the state. This could spell …

Coal Ministry slaps show cause notices on 12 firms

On the day when Central Bureau of Investigation (CBI) registered two new FIRs in the Coalgate scam, the Coal Ministry on Tuesday slapped show cause notices on 12 firms including state-owned NTPC, SAIL and Damodar Valley Corporation along with Bhushan Steel and Power, West Bengal Power Development Corporation threatening to …

Madhya Pradesh recommended 14 companies for seven coal blocks located in the state

INDORE: As per the information given by the minister of state for coal, Pratik Prakash Bapu Patil in a written reply in Rajya Sabha on Monday, the coal blocks located in Madhya Pradesh allocated to private companies during the last five years. They include Mideast Intergrated Steels, Birla Corporation, Kamal …

Monnet Power to commission 525 MW unit by Sept

The company had signed an MoU with the state govt in Sep 2006, it envisaged an investment of Rs 4,500 cr Monnet Power Company Ltd, a wholly owned subsidiary of Monnet Ispat & Energy Ltd, hopes to commission the first 525 Mw unit of its 1050 Mw coal-based power plant …

SC questions Centre’s authority to allot coal blocks, says coal a state mineral

The Supreme Court Thursday questioned the Centre's "authority" and the "very foundation" of its policy to allocate coal blocks, pointing out that its power to allot the mineral prima facie lacked legal sanction and was also "doubtful" in view of the current legal regime. Putting the Centre in a tight …

CAG smells Rs.4,000-cr land scam in Orissa

Bhubaneswar: The Comptroller & Auditor General of India(CAG) has detected large-scale irregularities in allotment of land and houses by the Orissa government and estimates a scam of about R4,000 crore. While sending a draft report to the Orissa government, a copy of which is available with FE, the CAG has …

GAIL, Deep Energy consortiums bag oil and gas blocks

The Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved the award of oil and gas blocks to two consortiums led by GAIL India and Deep Energy, respectively.However, the CCEA, headed by Prime Minister Manmohan Singh, rejected the Ishar Gasoil’s bid for three blocks — RJ-ONN-2010/1, GV-ONN-2012/1 and CB-ONN-2010/2 — …

Monnet Ispat in talks for coal mine buy in Colombia

Acquisition to feed steel plants, power projects in India Monnet Ispat and Energy Ltd (MIEL), India's second-largest coal-based sponge iron producer, is set to soon acquire majority stake in a 25-million tonne (mt) coal mine in Colombia. The Rs 1,960-crore MIEL wishes to feed its steel and captive power plants …

SC respite for Monnet Ispat, NGO gets notice

New Delhi The Supreme Court has stayed the proceedings before the National Green Tribunal (NGT) on the issue related to the grant of environmental clearance to Monnet Ispat and Energy’s integrated steel and power plant in Chhattisgarh. A bench headed by Justice GS Singhvi also issued notice to Jan Chetna, …

India to test-run Japanese green projects

Two sides also discuss possibility of technological cooperation in gas hydrates that are tough to extract In the second interaction of its kind this year, India has agreed to test-run Japanese projects intended to improve or utilise the country’s basic energy resources such as coal and water. During the India-Japan …

Amid blues, steelmakers in red

Forced to cut prices by 2-3% due to cheaper imports from Japan, Korea and China At a time when the mining sector in Karnataka seems to be getting back on track, the steel sector faces another hurdle—pricing. With global steel prices on a downswing, owing to low raw material rates, …

CBI widens net, probes coal allocation to PSUs

New Delhi The CBI probe into the coal block scam is set to widen as the agency has now registered a preliminary inquiry into the allocation of captive coal blocks to state-owned mineral corporations and public sector undertakings who have formed joint ventures with private sector companies for extraction and …

IMG calls for cancellation of yet another coal block

New Delhi The inter-ministerial group (IMG) on Tuesday recommended the cancellation of one more coal block, Macherkunda, and deduction of bank guarantees in case of another two — Jitpur and Chitarpur — for delay in development work. The Macherkunda block belongs to Bihar Sponge Iron while Jitpur and Chitarpur are …

Allocation of another coal block cancelled

New Delhi The government on Monday cancelled the allocation of another coal block over allegations of irregularities and deducted bank guarantees of two allottees for failing to develop the mines in time. The cancelled allocation was that of Gourangdih ABC block given to JSW Steel and Himachal EMTA. The move …

Govt decides to deallocate one more mine

Deallocates Gourangdih ABC, jointly given to JSW Steel & Himachal EMTA, with this, govt has approved cancellation of licenses of 5 coal blocks The Government today decided to deallocate one more mine - Gourangdih ABC, jointly given to JSW Steel and Himachal EMTA besides deduction of bank guarantees of two …

Four coal blocks de-allocated; 3 firms to lose bank guarantee

Monnet Ispat may be asked to submit bank guarantee amounting to three years’ royalty Cracking the whip on private companies for failing to develop coal blocks allocated to them within a time frame, the Coal Ministry on Thursday said it accepted the recommendations of the Inter-Ministerial Group (IMG) and notified …

10 captive miners justify delay in production

Most blame wait to get green nod, land Jindal Steel might present case today On the first day of the three-day interaction of the high-level inter ministerial group (IMG) on coal block development, 10 companies on Thursday presented their cases to the panel, justifying their delay in production. These companies …

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