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, …

BGR, Kalinga Energy follow Tata Power, shelves thermal projects in Odisha

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 power demand, delay in land acquisition and difficulty in raising credit Thermal power projects are …

Many MoUs, but power dreams run out of steam

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 - Vedanta Limited at Jharsuguda, GMR Kamalanga Energy Limited in Dhenkanal and Jindal India Thermal Power …

Lenders prepare Monnet Ispat for recovery

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 climate leaves debt-laden Monnet Ispat & Energy no choice but to look for a strategic buyer. …

Commercial mining of coal to be allowed

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 to the Centre's 41-year-old monopoly over commercial sale of coal. The coal ministry will allot non-operational …

Govt to Take Neutral Stand in SC on Coal Block Allocations

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 its request for sparing 46 coal blocks from cancellation at the next Supreme Court hearing, …

CAG raps Odisha land acquisitions

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 of emergency provisions under the Land Acquisition Act, 1894, to acquire 7,025 acres of private land in Odisha for 20 companies …

MoEF defers decision on green nod to Monnet Ispat coal block

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 …

IMG Gives More Time to 10 cos For Green OK

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 government …

Coal block cancellation: Miners mull taking Centre to court

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. Among the large companies whose blocks have been axed by the …

Govt gives forest clearance for 12 coal mines in past 2 months

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. …

Eastern Power Projects Suffer as Green Nods get Delayed

Delays and denials for forest clearances may prove to be roadblocks for 26 developers including GMR, Monnet Ispat, MB Power, SKS Power, Visa Power, Essar Power, Adhunik Power, for transmitting electricity from Eastern India where 25,000 mw of generation projects are underway to cater to the neighbouring states. From their …

MoEF not to relax guidelines for mining leases executed after Feb 1

Move to hit coal blocks of JSPL, Monnet Ispat In a move that may spell further trouble for beleaguered coal blocks, the Union ministry of environment & forests (MoEF) has ruled out a relaxation of two years for obtaining clearance for the entire forest land within the lease area if …

Govt seeks information on progress in 61 coal blocks

There were 11 companies which were not recommended by Power Ministry but selected by screening committee The coal ministry has sought information from companies on the progress of 61 captive coal blocks allocated to them. The blocks are being reviewed for lapses and the companies have been given three-weeks time …

Coal Min Asks Cos to Submit Proof for Verifying Green Nod

The government has sent fresh notices to private companies asking them to furnish documents to verify the mining lease and green clearances or face cancellation of 61 blocks that have not started production or failed to meet key milestones. The coal ministry, facing scrutiny of the Supreme Court and investigative …

Coal block allocated to Jindal Steel cancelled

The Coal Ministry today cancelled Urtan North coal block allocated jointly to Jindal Steel and Power (JSPL) and Monnet Ispat & Energy Ltd for delays in the development of reserves. In another development, it issued a show-cause notice to Adani Power Ltd for not developing the coal mines allocated to …

CoalMin warns will cancel blocks of 35 firms

RPG Industries, Hindalco, SAIL, Jindal Steel, Monnet Ispat, GVK Power and Jaiprakash Associates among companies summoned for review The coal ministry has threatened to cancel allocations of reserves held by six companies, including Essar Power, Rungta Mines and the state utilities of Madhya Pradesh and Jharkhand, as part of its …

‘Coal block deallocation affecting our mining ops’

New Delhi : Slamming the decision to de-allocate their coal blocks, Jindal Steel and Power and Monnet Ispat and Energy have blamed lack of government approvals and external factors such as naxal activities for not making enough progress in their mines. The two companies, whose 4 blocks figure in the …

Coal ministry panel cancels award of 11 captive blocks

The coal ministry on Thursday decided to de-allocate 11 captive coal blocks including three mines of Jindal Steel and Power, besides forfeiting the bank guarantees of six firms and asking five to expressly furnish bank guarantees. The ministry has been facing intense flak over alleged irregularities in allocation of coal …

IMG calls for scrapping of 11 coal mines

Intensifying its drive against firms sitting idle on mines, the Inter-Ministerial Group (IMG) on coal blocks has recommended deallocation of 11 blocks given to companies like JSPL and Monnet Ispat & Energy. "The IMG has recently recommended deallocation of 11 coal blocks of companies like JSPL and Monnet Ispat & …

Delhi HC, not NGT, to hear Monnet plant case, says SC

New Delhi : In a ruling that will give some relief to Monnet Ispat and Energy, the Supreme Court on Thursday held that it is the Delhi High Court, not the NGT, which is competent to hear the plea against the grant of environmental clearance to the proposed expansion of …

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