The government's final rules for reallocation of cancelled mines through an e-auction process give the existing owners an advantage over new bidders.
The Union Cabinet on Wednesday cleared changes in the Act. Union Power Minister Piyush Goyal earlier this week said the Bill would be tabled in Parliament soon.
The project is the largest investment undertaken by any private sector entity in CSP in India.
The Supreme Court is expected to deliver its final verdict on coal mine allocations later this week.
Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
Seven major state power distribution utilities, identified by the central government for financial restructuring, have failed to increase their tariff considerably to improve their financials.
On Monday, a journalist sat through a closed-door meeting between Goyal and state power ministers, in the guise of an event manager.
Since the court had earlier questioned distribution of mining rights through the screening committee route, experts say the solution worked out would be weighed on the basis of legality.
As power generation across northern and western India bore the brunt of the coal scarcity, spot prices at IEX rose to Rs 10.8 a unit during August 25-27, compared with Rs 8.7 a unit on August 22.
In a major jolt to India's solar energy programme, the Rajasthan government might cancel the 4,000-Mw solar UMPP (ultra mega power project), which was expected to come up near Sambhar Lake.
The country may propose pipeline via China when Putin visits this year.
The panel suggested the cess for BS-IV and BS-V fuels should accrue to the Oil Industry Development Board
Cabinet may tweak Rangarajan formula; new price may be further delayed.
ONGC takes Reliance to court, alleging years of stealing from its offshore block and a sleeping govt, right after it was agreed there would be a probe by experts.
The company is looking to invest more than $3 bn over the next three years.
Earlier this week, the ministry had come out with a clarification, saying domestic gas producers had to stick to the earlier price of $4.2 a unit until a further notification from the new government.
If the EC decides to put on hold a gas price revision for RIL, it would set a precedent for pricing decisions of the government and policy decisions taken but undergoing procedural delays.
The government appointed panel will look at the difficulties consumers faced in receiving the subsidy after buying gas cylinders at market rates.
Govt notification on $8.4 a unit price likely by month-end
Gas price hike seems to be a distant dream for Reliance Industries and its partners--Niko Resources and BP.
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