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. …
Mumbai The Children’s Investment Fund Management (TCI) confirmed on Thursday that it had sought R1,500 crore in compensation from the board of Coal India (CIL) for allegedly under-pricing coal that resulted in revenue losses running into crores. The UK-based fund has already filed a petition against the miner in the …
Eight private power stations that had got coal linkages from Coal India (CIL) and two with captive mines are currently selling either their entire generation or a bulk of their power in the short-term market at merchant rates, well above the average thermal power generation tariff of around Rs 3 …
The coal ministry has asked all the coal-bearing states to plug existing loopholes in the process of allocation and development of reserves as part of the guidelines being finalised for competitive bidding of coal blocks. This includes limiting private ownership in joint ventures (JVs) of state mining corporations to less …
ANGUL: The construction of the gas-based Talcher Fertiliser Revival project will start in six months. Board of Industrial and Financial Reconstruction (BIFR) had recently given a go-ahead for the project. This was announced by the Union Minister of State for Chemicals and Fertilisers, Srikant Jena, at a public meeting here …
Coal India Ltd has slipped to production levels of last year raising concerns about its ability to push its output by 9 per cent after two years of flat production. The public sector company has loaded only 155 rakes per day in August, because of which coal stocks at several …
The wood panelled office in Delhi's Paryavaran Bhawan is now a 'no-go' zone. Its reigning green queen, Jayanthi Natarajan , once a daily fixture on television shows as Congress spokeswoman, presides in imperious silence. Over the last 15 months, as minister for environment and forests, she has successfully stalled every …
Says mine valuation should be based on global prices Research agency CRISIL has recommended linking the valuation of coal reserves to be put up for bidding to international prices. In its draft report on coal block auctioning, CRISIL has said giving subsidies for use of natural resources does not provide …
National Thermal Power Corporation (NTPC), which aims to run its Talcher power station at higher plant load factor (PLF), has requested the state government to direct Mahanadi Coalfields Ltd, a subsidiary of Coal India (CIL) to step up coal supply over and above the assured quantity. The Talcher unit of …
The world’s largest coal producer Coal India Ltd (CIL) has expressed confidence that during the 12th Five Year Plan period it would be able to increase production by another 180 million tonne, though it would not be enough for the country’s energy requirements. “We had a cumulative production of 18 …
New Delhi Environment minister Jayanthi Natarajan’s claim of awarding clearances to projects which will double coal production in the country may not hold true completely as many projects are awaiting environment and forest clearances from her ministry. Natajaran’s recent letter to Prime Minister Manmohan Singh opposing the setting up of …
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 …
New Delhi The Prime Minister's Office on Wednesday directed the power and coal ministries to complete the process of signing fuel supply agreements (FSAs) with power developers by November 15. As per an earlier directive, Coal India Limited (CIL) has to sign about 80 FSAs with power producers for projects …
New Delhi The shortage of domestic coal is finally beginning to affect development of new power projects in the country with the government proposing to stop acceptance of companies’ applications for fresh coal linkages for a period of three years. It may also restrict provision of long-term coal linkage to …
Once feted for being India’s highest taxpayers, miners are the new untouchables in town. Banks don’t want to lend to them, policymakers are hesitant to frame policies for them, customers don’t know what to expect from them. How much of this mess is their own greed and how much is …
The coal ministry has asked Reliance Power to stop mining at blocks attached to the 4,000-mw Sasan ultra mega power project (UMPP) as the land has not been legally transferred to it. However, Reliance Power said the issue has been resolved. The ministry sent a letter to Reliance Power on …
New Delhi The government is likely to postpone the implementation of coal price pooling because of the strong opposition from consuming states who feel it would raise the cost of power generators and increase tariff for consumers. Under price pooling mechanism, CIL would have subsidised the price of imported coal …
MEJIA, 7 OCT: At a time when the country is gasping for power, the Damodar Valley Corporation’s Mejia Thermal Power Station (MTPS) has set a new record for generation. On Thursday evening, the 2,380 MW MTPS ~ the largest power utility in the eastern region ~ reached 2,350 MW of …
The details of how the reserve price would be calculated and the quantum of the outgo for the world's largest coal miner are yet to be worked out There may be no going back on bidding for coal blocks by the government, but a new policy would put a price …
New Delhi In a bid to protect its revenue stream and maintain margins while fulfilling its obligations to supply higher level of coal to the power sector under the new fuel supply agreement, Coal India is going in for an aggressive strategy to step up output. The focus will be …
The inability of Coal India Ltd (CIL) to cater to power producers has sparked a confrontation between the power and coal ministries, with the power secretary demanding that CIL compensate for the losses of power firms. In a September 26 letter to Coal Secretary S K Srivastava, Power secretary P …
