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. …
CIL and its subsidiary coal companies are reporting negative coal balance, therefore there is no scope for issue of any new LoA, says Coal Ministry The Coal Ministry has rejected the Power Ministry's request to grant linkages for GVK Power's 540 MW plant in Punjab saying that state-owned CIL has …
Company hopeful of bringing 3 operation ready projects on stream shortly, completing its Rs 50,000 cr power investment cycle set in motion 5 yrs back Vedanta London-listed metals and mining conglomerate Vedanta Resources Plc expects its operational power generation capacity in India to jump by half to 10,000 Mw within …
The Supreme Court on Tuesday asked the Centre to give a comprehensive report with a complete break-up of the coal blocks in a tabular format, including allotments made to different companies, investments and the status of the projects. The apex court also decided to hear the plea of an association …
State-run Coal India (CIL) on Tuesday refuted the charge of Greenpeace that it had deceived its shareholders by concealing its true level of extractable reserves of coal. The world’s largest coal miner said the allegation made by the global environmental lobby was “absolutely preposterous” and “misinformation campaign” against it as …
New Delhi: Yet to solve the mystery behind missing files on coal block allocations, the coal ministry on Monday courted fresh trouble as it admitted before the Supreme Court on Monday that five coalfields were allotted to private parties during 1993-2005 in breach of 1992 guidelines. The affidavit said, “Out …
Coal India Limited is misleading shareholders by concealing information on the level of its extractable reserves, which could be exhausted in 17 years. The company has failed to disclose to stock exchanges that its extractable coal reserves are in fact 16% less than stated at the time of its 2010 …
The Supreme Court on Wednesday asked the Centre to give details of the procedure adopted by it to allocate coal blocks belonging to public sector undertaking Coal India (CIL) to private parties. It further asked the government whether coal blocks allocated to the private firms were in the lease hold …
The Cabinet Committee on Investment (CCI) is likely to set the ball rolling for 28 stalled mega power projects, involving investments of Rs 1,72,000 crore, on Monday. These projects, slated for discussion at the CCI meeting, are expected to get cleared. Though their real impact on growth might be visible …
Venturing into thermal power generation, state-owned iron ore miner National Mineral Development Corporation (NMDC) will set up a 500MW power plant at UP's Gonda district. The company plans to invest about Rs 3,016 crore on the project. It has roped in IL&FS; Energy Development Company (IEDCL) as a partner for …
Pricing, entitlements and allocation need to be looked at carefully in the coal sector if the present mess has to be sorted out. This article proposes certain measures which can break the impasse and argues for a break-up of Coal India into smaller units as a possible solution.
Coal India (CIL) is planning to move court against the Madhya Pradesh government decision defining coal as a biological resource and warning of imposing a benefit-sharing levy on state-run coal companies, which the coal ministry has termed as “double taxation.” On January 11, the Madhya Pradesh government’s Biodiversity Board served …
Earlier CCEA nod on imported coal price to help hasten decision on these and 6 others The recent Cabinet decision on coal cost pass-through should enable quick clearance of at least half the 18 power projects to be considered on Wednesday by a sub-group of the Cabinet Committee on Investment …
The government has put 23 big-ticket power projects, which were stalled for want of fuel supply linkages and environmental clearances on fast track. These projects are estimated to generate 23,000 MW of power capacity across the country. In addition, over 1600 km of power transmission lines in central India have …
Coal India (CIL) faces an unprecedented task. The miner may now have to act as a bank for storing surplus coal produced from the captive mines of private power companies. The coal so banked, would be returned to the companies once their power projects are commissioned. On the recommendation of …
Coal India (CIL) has sought clarification from the government on whether the terms of the fuel supply agreement (FSA) it is signing with new power plants need to be modified again as the cabinet committee on economic affairs (CCEA) has put additional responsibility on the company to provide domestic coal …
However, pricing rights to remain with state-owned monopoly Coal India The government has approved setting up a regulator for the coal sector that will prescribe principles for price determination of the fuel while pricing rights remain with state-owned monopoly Coal India. The Cabinet Committee on Economic Affairs (CCEA) on Thursday …
The Coal India board on Wednesday cleared the conditions for signing the fuel supply agreement (FSA) with NTPC, which was pending for more than a year. Both the PSUs have agreed to bury the supply dispute, which was holding the back the FSAs. CIL chairman S Narsing Rao said, "We …
Year-long row over quality & payment terms ends; other cos too may ink pacts Leading power generator NTPC has resolved its public spat with Coal India over quality and payment terms, and agreed to sign fuel-supply agreements with the state monopoly a year after the deal was first offered. NTPC’s …
After a period of uncertainty, the decks have finally been cleared for companies mining for coal to earmark an amount equivalent to the royalty they pay to the government for the well-being of project-affected people. The move would erode the profitability of mining entities, including Coal India (CIL), the largest …
kolkata : The ministry of environment and forests (MoEF) has asked Central Mine Planning and Design Institute (CMPDI) to obtain prospecting licence for getting easy forest and environment clearances, crucial for increasing exploration activity for identifying new mineable coal reserves. India, at present, has an estimated proven coal reserve of …