New Delhi, Jan 31
Tata Power today announced sale of its 30 per cent stake in Indonesian coal company PT Arutmin for $500 million (Rs 3,150 crore) to cut its debt.The development comes in the wake of the com...
New Delhi, January 24
Lines in Jharkhand, Chhattisgarh, Odisha to facilitate delivery of around 300 mt of fuel; will help CIL and firms with captive mines
New Delhi, Jan 23
The Central government today said it has made clear to Jharkhand that its Rs 25,000—crore claim from Coal India Ltd (CIL) In lieu of land for excavating fuel does not have any legal standing, a mov...
New Delhi, Jan 20
Public sector power producer NTPC today said it facing illegal mining at its Pakri Barwadih coal block in Jharkhand and alleged the state is not providing law and order support, while asking the g...
January 16, 2014
The pressure on CIL to ramp up supplies to thermal power plants is not reasonable.
New Delhi, Jan 15
State-run NTPC’s plans to extract fuel from the Chhatti Bariatu South mine have been hit as some local groups are “illicitly” unearthing dry fuel from those coal blocks, according official sources...
New Delhi, Jan 14
The decision Coal India to pay an interim dividend of 290 per cent will make its overseas investors richer by over Rs 1,001 crore.The total estimated interim dividend proceeds of Rs 18,317...
Kolkata, Jan. 13
P.C. Parakh didn’t advocate sweeping measures as everyone allotted a coal block may not be guilty. »
New Delhi, Jan 12
The CBI has found no criminality in the allocation of about 60 coal blocks, which are likely to be taken out of the purview of its ongoing probe after taking the Supreme Court’s permission....
Kolkata, Jan. 9
Birla Corporation Ltd said that the Union Ministry of Coal (MOC) has de-allocated Bikram coal block in Madhya Pradesh, allocated earlier for its captive use.
In a January 7 communication,...
Hyderabad, January 26
KSK Energy Ventures is set to get coal supply for the 1,800-MW Mahanadi power project under the tapering linkage policy of the Government. The company is setting up a 3,600-MW thermal pr...
Kolkata, January 24
Three coking and two thermal coal reserves are on the block »
New Delhi, Jan. 20
Investments worth $1 billion may be wasted, says industry body »
New Delhi, Jan 19
International Coal Ventures Ltd, a consortium of PSU firms for buying mines abroad, is close to clinching its maiden deal and is in advanced stages of an acquisition in Poland for about Rs 3,500 c...
New Delhi, Jan 16
The Attorney General had informed the Supreme Court that 41 blocks allocated would be taken back if environment clearances were not obtained in 6 weeks.
New Delhi, Jan 15
The Centre today told the Supreme Court that private firms allocated 61 coal blocks have been asked to clear deficiencies within 4-6 weeks for obtaining mining lease.The CBI seeks apex court...
New Delhi, Jan.13
Govt may ask Supreme Court for more time to file status report
New Delhi, Jan. 13
Next hearing on February 11
January 11, 2014
Among the recent data releases indicating that all is not well with the economy, is the core industry growth data. The latest numbers show that core sector industries grew a meagre...
New Delhi, Jan 9
The Centre today admitted before the Supreme Court that something went wrong with the coal blocks allocation and that it could have been done in a more refined manner.
“We took decision i...