Tata, Adani, Lanco to be hit as Indonesia may ban export of low-grade coal
Affected firms note practical problems in getting discoms, consumers to pay for costlier supply; viability shadow on investments
R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss.
India has so far set up three projects - Tala, Chukha and Kurichu - in Bhutan under the Inter-governmental Agreement model.
Figures compiled by the Directorate General of Commercial Intelligence & Statistics, under the commerce ministry, showed India's iron ore exports jumped a whopping 157 per cent to 121 million tonnes in 2012-13, compared with 47 million tonnes a year ago.
Karnataka Chief Minister K Siddaramaiah's 'atheism'is not a new trend in Indian politics, points out Archis Mohan.
NTPC raises new demands, while CIL is not willing to yield
In an interview with Business Standard, CIL Chairman Singayapally Narsing Rao attributes the performance to volume growth but adds a decision on price hike will be taken at an appropriate time.
The move comes at a time when consumers are shunning high-quality coal, which has become costlier than prevailing market rates globally.
This comes against the backdrop of the capital expenditure of these companies rising a mere 1.7 per cent this year, though the projection at the beginning of the year was of six per cent growth.
The allocations followed two stages.
To float SPV, levy user charge on consumers to cover investment cost.
The steepest hike is in poll-bound Gujarat. Agricultural tariff in the state grew 47.2 per cent.
CIL is charged of discriminating in favour of public sector firms in the reworked format of fuel supply agreements.
Interview with Qimat Rai Gupta, who in 1958, began as an electrical goods trader in Delhi, with practically no capital. Today, his company is India's largest electrical products manufacturer, with facilities across India, Europe, Latin America and Africa.
In its draft report, the research agency has recommended linking the valuation of coal reserves to be put up for bidding to international prices.
The government's high-level panel looking into the controversial coal block allocations for captive mining has decided against cancelling three blocks, given to Nagpur-based Shree Veerangana Steels.
The three-year comparison results from the lack of corresponding figures for 2009-10 and 2010-11, as MoSPI publishes data with a huge lag.
The board, on the urging of six independent members, had earlier turned down a government directive to commit at least 80 per cent supply to power companies.
The recommendation, if implemented, could severely dent coal miners' bottom line.
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