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. …
To move competition watchdog against Coal India’s ‘monopolistic’ rejection of liabilities for default Frustrated by uncertainty over fuel supply despite a presidential decree, top power generation firms have adopted a confrontational approach towards Coal India and decided to complain to the competition regulator against the state-run giant’s “monopolistic” rejection of …
New Delhi Lack of assured coal linkages may drive 18 firms to open market As many as 18 upcoming power projects with an aggregate capacity of over 25,000 MW might be forced to violate their tariff commitments and seek a much higher price from consumers. This is because the coal …
Power minister Sushilkumar Shinde has sought Prime Minister Manmohan Singh’s Office’s intervention in mandating Coal India Ltd to ink Fuel Supply Agreement (FSA) within a month in its 2009 format. In his May 9 letter to the Prime Minister’s Principal Secretary Pulok Chatterji, Shinde expressed concern that the FSA finalised …
New Delhi In what may come as a relief for power project developers, the coal ministry has directed state-owned coal companies to ensure uninterrupted fuel supply to plants commissioned till March 31, 2012, as well as those to be commissioned during fiscal 2012-13 even if they fail to sign fuel …
All power plants getting commissioned this fiscal will get coal even if they have not signed legally-binding contracts with the PSU miner. The government has ordered Coal India Ltd (CIL) to supply coal to all power plants getting commissioned within this fiscal even if they have not signed legally binding …
The power ministry has asked the coal ministry to instruct Coal India Limited (CIL) to continue supplying coal to power plants through the memorandum of understanding (MoU) route till the time the ongoing exercise of inking of fuel supply agreements (FSAs) are completed, failing which capacity addition of nearly 25,000 …
A parliamentary panel has pulled up the coal ministry for cancelling allocations to power companies without trying to address the issues that led to delays in developing coal blocks. The ministry had been acting like a big brother, trying to intimidate power companies for reasons beyond their control, the panel …
New Delhi The power ministry plans to take up project developers’ concerns about the draft fuel supply agreement (FSA) with the coal ministry soon, a top government official said. The move is aimed at breaking the prevailing logjam over the signing of the FSAs between power companies and public sector …
High cost of coal mining in India is under the spotlight as ministries bicker over the price that should be paid for surplus output from captive mines – a debate that has delayed policy formulation for extracting surplus coal and forced industry to import at significantly higher prices. Coal India’s …
Extends exemption from basic customs duty & CVD indefinitely, to give relief to hard-pressed industry The Finance Bill passed by the Lok Sabha yesterday, to give effect to the Union Budget proposals, has removed the 2014 time bar it had earlier proposed on the duty exemption for thermal coal. In …
The government plans to empower the regulator being set up for the coal sector with the authority to decide pricing. The proposal, if implemented, would deprive state-owned Coal India (CIL) the freedom it currently enjoys in fixing and revising prices of its output. “The regulator’s primary function would be to …
The government has begun consultations on disposal of surplus coal from captive mines amid differences among various ministries over the subject. The process was initiated after the prime minister’s office asked the coal ministry to withdraw a notified surplus coal policy and hold inter-ministerial consultations. A senior government official said …
NEW DELHI, 8 MAY: Coal India has so far entered into fuel supply pacts with 13 power units, including Reliance Power's Rosa Power project, while some have refused to sign it objecting to the penalty clause. “Till now Coal India (CIL) has entered into agreements with 13 power units including …
A meeting between the chairmen and managing directors of Coal India (CIL) and NTPC here on Sunday last, the first such since a change of guard at CIL, failed to break ice over the issue of signing fuel supply agreements (FSAs), even as the discussions are being seen as a …
Amid the growing restriction over the availability of coal in the country, the ministries of coal and power have arrived at a consensus to freeze the capacity and list of power projects linked to Coal India Ltd (CIL) companies. The power ministry has identified projects of 127,448 Mw capacity that …
Last month, a Presidential Directive was issued to CIL forcing it to sign FSAs with power companies Power sector planning body CEA has sought PMO intervention on fuel supply agreement as several companies have refused to sign pact with Coal India (CIL) amid differences over penalty to be paid by …
NEW DELHI: Defending the move to force Coal India to sign agreements to supply coal to power companies, Coal Minister Sriprakash Jaiswal today said the government's priority was to ensure availability of electricity at cheaper rate and it will not be cowed down by threats of legal action by minority …
Even as opinions are divided over the feasibility of such a measure, fissures have already emerged within the Australian polity over the imposition of the controversial carbon tax from July 1 this year. The New South Wales (NSW) government has opposed the introduction of the carbon tax by the federal …
Coal India Ltd (CIL) may have been arm-twisted into signing Fuel Supply Agreements (FSAs) with power developers but the coal major is using every trick in the book to ensure that the fuel pact is stripped of all possible penal provisions that could pin it down in case of a …
The government on Friday said a formal policy on the usage of surplus coal produced in mines allocated for captive use to companies would be finalised in a month. This follows a controversy over the government's decision to allow Reliance Power to divert surplus coal from mines allocated for the …
