Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
A nine-member ministerial panel headed by Finance Minister P Chidambaram will meet on Monday to finalise the draft of a Bill to set up a coal regulator, said a coal ministry official. This is the second meeting of the panel, which had met for the first time in July 2012. …
CIL subsidiary alleged to have compromised mine safety Bharat Coking Coal (BCCL), a subsidiary of Coal India (CIL), has come under the Competition Commission of India (CCI) scanner for floating a vendor-biased global tender against the country’s competition rule, thereby compromising the safety of mines. A source in the CCI …
Sounding a strong warning, including severe shortage of coal for thermal power plants, the Coal Ministry has predicted serious implications for the southern States of Andhra Pradesh, Tamil Nadu and Karnataka and many northern and western States if important railway lines connecting coal fields in Jharkhand, Orissa and Chhattisgarh are …
In the absence of transport network and faster envt clearances, benefits will be limited After nearly 40 years of state ownership, the chorus of support for privatisation of coal mines is growing louder. With the economy ravenously short of coal to fire its power plants, and the state-owned Coal India …
Aims to maximise realisation to meet Rs 30,000-cr target FinMin to meet ministries this week To maximise realisations from stake sale in two companies in its disinvestment pipeline — Oil India Ltd (OIL) and NTPC — the government has planned to sort out some of the issues before launching offer …
In an attempt to make power plants using imported coal viable, the government will recast its coal allocation policy to ensure that all such projects that have reached advanced levels of completion get up to 30% of their fuel requirements through indigenously produced coal. The move would benefit six power …
In its report on India’s coal sector, Pune-based non-governmental organisation (NGO) Prayas Energy Group has made a strong pitch for the setting up of an independent regulator to improve the performance and accountability of coal companies and provide a level-playing field. An independent regulator, however, needs to be responsible not …
State-run coal miner Coal India Ltd is heading for a restructuring, with the government on Monday inviting expressions of interest (EoI) from consultants to draw out a plan. The idea is to spin off CIL subsidiaries as independent entities to ramp up production by infusing competition. “It has been proposed …
India’s largest coal producer, staterun Coal India is not eligible for the first set of auctions for blocks although 17 of them are meant for public undertakings. “We have been given to understand that the blocks on offer under the auction are not meant for us. It is for stateowned …
Govt keen on ensuring fuel security doesn’t come in way of growth revival plans Concerned that fuel scarcity could hamper plans to revive economic growth, the government is planning to further relax green clearance norms for mining projects. Coal mining operations, which are stuck due to delays in forest clearance, …
Says CIL Doesn’t Have Capacity To Meet Demand Of 43,000 MW Power Plants New Delhi: Planning commission deputy chairman Montek Singh Ahluwalia has made a strong pitch for privatization of the coal sector to meet the growing coal demand from the industry. Ahluwalia, who advocated private investment in the coal …
Environment ministry had exempted some mining projects from public hearings The environment ministry’s latest relaxation of green norms for expansion of projects in the mining sector is set to lead to an annual rise of 45 million tonnes (mt) in Coal India Ltd’s (CIL) production. In a notification issued last …
The coal ministry today said 35 power firms have so far entered into fuel supply agreements (FSAs)with Coal India Limited (CIL), amid the government stating that most issues relating to such pacts have been resolved. The statement follows the government announcing last month that power companies are likely to ink …
Though the targets set were not met, the last two decades — particularly the later one — were marked by some revival of investor interest in the power industry, especially in the generation sector. The momentum, however, was partly lost in 2012 as fuel shortages and political arm-twisting led to …
This report presents a broad overview of the coal sector, highlights key challenges and provides suggestions on overcoming them. It calls for an independent regulator to look after planning and execution, transparency mechanisms alongwith the compliance to environmental norms. The coal sector, which contributes over half of India’s primary commercial …
With the conventional energy projects unable to address the power crisis, 2012 saw the emergence of renewable energy in a big way. The state government announced a new solar policy with a target to set up 3,000 Mw of solar power in three years. Severe power shortage made chief minister …
Department of Public Enterprise has opposed a coal ministry proposal to provide performance related pay (PRP) from consolidated funds to executives of CIL arms that made losses in the relevant period. It has said this is not in conformity with norms and would soon send a note to Cabinet in …
Amid fuel supply issues, the Power Ministry has suggested that if power companies are penalised for delays in commercial operation of its units, the same should also apply for Coal India (CIL) for not supplying coal as per commitment. Such a recommendation from the Power Ministry comes at a time …
Take less than 2 mt of the 30 mt offered by CIL Even as power companies have been complaining about a severe fuel shortage, they have failed to lift the extra coal offered to them by Coal India Ltd (CIL) from its stocks as emergency relief on the government’s instruction. …
State-owned aluminium maker National Aluminium Co Ltd (Nalco), which cut up to eight per cent capacity last year, will shut more over the next fortnight. “We are looking to shut down three-four per cent capacity, as the prices of imported and e-auctioned coal are unviable,” said B L Bagra, director …
