Judgment of the National Green Tribunal, May 27, 2025 in the matter of Sumit Saini Vs Shree Ram Steel Industries & Others. Sumit Saini, resident of village Damla, District Yamuna Nagar, Haryana had sent a letter petition dated May 14, 2022 to the NGT. The application said that around 25 …
Bhubaneswar: Demanding a CBI probe into the role of Odisha government in coal block allocations to private companies, senior BJP leader Bijay Mohapatra on Saturday alleged that the BJD government did not follow norms. The BJD government headed by Naveen Patnaik is not above suspicion. The government maintained no procedure …
Despite the near-term uncertainties, analysts remain positive on long-term prospects and robust business model The Inter Ministerial Group (IMG) reviewing non-performing coal blocks has recommended deduction of bank guarantees given for Jindal Steel & Power’s (JSPL) Jitpur block (81 million tonnes of geological reserves), allocated in February 2007. While none …
The Planning Commission on Tuesday pitched for privatisation of coal mining, saying the government should have a consistent policy for the energy sector, as third-party sale is allowed for petroleum and natural gas in the country. “To my mind, the logic is very clear that it should be allowed (for …
The coal ministry on Tuesday approved the deallocation of captive blocks held by SKS Ispat and Bhushan Steel, based on the recommendations of an inter-ministerial group (IMG) reviewing progress on the blocks. At a meeting on Tuesday, the panel also recommended deallocating a block being developed by Bihar Sponge. SKS …
Three more coal blocks de-allocated. The Inter-Ministerial Group (IMG) on coal today recommended deduction of bank guarantee of two blocks, including Jitpur, given to Jindal Steel & Power Ltd (JSPL) in which Congress MP Naveen Jindal is Chairman-cum-Managing Director (CMD). The amount of the bank guarantee to be encashed was …
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 …
The ministry of environment and forests (MoEF) has been accused of allocating over 1.86 lakh hectares of forest land for mining without the consent of gram sabhas as has been made mandatory under the Forest Rights Act. In all, 1,82,389 hectares of forest land was diverted by the environment ministry …
Then power minister Sushilkumar Shinde pushed for Bhushan Energy getting 50% of the reserves Naveen Jindal-promoted Jindal Steel and Power Ltd and Gagan Sponge Iron got the Amarkonda Murgadangal coal block in 2007, despite Sushilkumar Shinde, then power minister, pushing the case of Bhushan Energy for the right to 50 …
State-run Bharat Heavy Electricals Ltd said the ongoing controversy over coal block allocation for power plants will not have any impact on the engineering major’s order book or operations. Refuting reports that some of the projects, for which BHEL is supplying equipment, could be impacted by coal block allocation issues, …
The mineral-rich state of Orissa, once a magnet for big-ticket investments, is now a deadlocked destination for projects worth thousands of crores. Four days in and around Bhubaneswar were enough to catch a glimpse of the ongoing war between the state government and a determined green brigade. On 25 June, …
The Supreme Court on Friday issued notice to the Centre on a public interest suit seeking to quash the allotment of 194 coal blocks to private companies in six states. The government will have to respond to six questions from the court. Solicitor General R F Nariman accepted the notice …
Bhubaneswar: Targeted by the Centre on Coalgate issue, chief minister Naveen Patnaik today questioned allocation of coal blocks to certain companies which do not have any stake in the state. Why did the Centre make allocations to such companies? Patnaik told reporters while making a statement over the ongoing controversy …
New Delhi The power ministry has framed new bidding guidelines to prevent private firms with cheap captive coal mines selling power at steep rates in the open market and reaping windfall profits. Speaking at the Idea Exchange programme of the Express group, power minister Veerappa Moily said the guidelines would …
Jindal, who is facing the heat for being allotted large coal blocks, says it is wrong to call him beneficiary Leading industrialist and Congress MP Naveen Jindal, who is facing the heat for being allotted large coal blocks, says it is wrong to call him a “beneficiary” and blames the …
Mulls clause to mandate participation in tariff-based bidding for power The brouhaha over coal block allocations has goaded the government into correcting the policy imperfections that have long prevailed in India’s coal mining sector. It is planning a clause to make it mandatory for captive miners to take part in …
The Ministry of Environment and Forests (MoEF) is investigating a complaint that Jindal Steel and Power Limited (JSPL) has sunk almost 400 borewells to source water for its mega steel and power plant in Angul, Odisha, instead of drawing water from the Brahmani river, as stipulated in its environment clearance. …
Probing into coal block allocations between 2006 and 2009, the CBI is examining the case of Jindal Photo Limited. The company, which claims to be part of the B C Jindal group, was allocated coal block in January 2008. It was set up in 1986, and primarily deals with the …
Pvt owners haven’t done much to develop them for years. About 10 coal blocks given to private companies face the risk of penalties, including cancellation, as their owners have not been able to do much to develop them for years, and have not put up a strong case to convince …
The fate of 17 coal blocks is on line as the inter-Ministerial group (IMG), headed by Zohra Chatterjee, is likely to recommend de-allocation for not only their failure to develop the mining assets within the given timeframe but also indulging in misrepresentation of facts, supplying fraudulent documents and giving misleading …
Deal Size 23000cr, Losing Bid Was By PSU Under Mantri Between 2006 and 2010, PSU power giant National Thermal Power Corporation awarded a coal mine contract worth over Rs 23,000 crore to a joint venture company in which 10% shares are held by the family of former coal minister Santosh …
