Former Prime Minister Manmohan Singh is said to have been examined by Central Bureau of Investigation in the coal block allocation case relating to Hindalco but neither he nor the agency was willing to confirm it.
Former Coal Secretary H C Gupta, who resigned as member of Competition Commission of India, was on Thursday questioned by the Central Bureau of Investigation in connection with coal blocks allocation from 2006 to 2009 during his tenure.
The company has battled opposition from green groups since starting work on the project five years ago
Gautam Adani's plan to build one of the world's biggest coal mines in Australia has been hampered time and again.
The power sector is always strongly correlated to economic activity and is receiving its share of investor attention as India's post-Covid-19 recovery continues. India's leading integrated power producer, the public sector undertaking (PSU) NTPC controls around 25 per cent of India's power capacity. It continues to increase installed capacity, in thermal as well as renewables (solar, wind, green hydrogen) and hydropower and pumped hydro, and also has backward integration into coal mining, and explored nuclear.
The Competition Commission of India (CCI) is to be congratulated for imposing a large fine, of nearly Rs 1,800 crore (Rs 18 billion), on Coal India Ltd for alleged abuse of its monopolistic position.
The S&P BSE Midcap and the S&P BSE Smallcap indices have managed to stay afloat in a volatile January that saw the frontline indices hit their respective 52-week high levels and then slip. While the S&P BSE Sensex has lost over 2 per cent thus far in January, the S&P BSE Midcap and the S&P BSE Smallcap indices have gained nearly 2.5 per cent and 4 per cent, respectively during this period.
The Coal Regulatory Authority Bill, 2013, needs Parliamentary approval and is to be introduced in the next session, P Chidambaram told reporters.
Gadkari and Singh on Thursday came together to release a book on late Congress leader Ramkrishna More at Pimpri Chinchwad near Pune.
Kharge also targeted Prime Minister Narendra Modi, saying the people should not believe Modi's "guarantees".
The move comes at a time when consumers are shunning high-quality coal, which has become costlier than prevailing market rates globally.
The government has garnered Rs 2 lakh crore by auctioning 33 blocks.
The Enforcement Directorate (ED) has summoned Trinamool Congress MP Abhishek Banerjee to appear before it in Kolkata on November 9 in connection with the alleged school jobs scam, a TMC leader said on Wednesday.
The government's move to set up a regulator for the coal sector would help bring in transparency, encourage exploration and enhance quality of the dry fuel, India Inc said on Friday.
With the recent arrest of two Bharatiya Janata Party activists who had taken part in the Ayodhya agitation back in 1992 snowballing into a controversy, Karnataka Chief Minister Siddaramaiah on Tuesday said a criminal is always a criminal unless acquitted by a court of law.
This is because the government's move might dim the possibility of taking over the 42 blocks permanently.
The government has the power to allocate coal blocks to enterprises in specific sectors -- such as power, and iron and steel in particular.
Of these 36 coal blocks, one mine will be given to the steel sector while the rest will be given to the power sector.
Special court was that Manmohan Singh took the "ultimate decision" as the then coal minister in allocation of the blocks.
'While lower steel prices may impact a part of the quarter, this will be offset by softer raw material prices.'
CAG audit is likely to be completed in six months.
The government on Monday said the coal supply at the thermal power stations is not adequate and the countrywide fuel stock has come down to half of the requirement norm of 22 million tonnes.
Finance Minister Arun Jaitley has said the larger interest of the public sector would be fully protected.
The state-run miner, which recently raised a record Rs 15,000 crore (Rs 150 billion) from the markets, is running short of executive manpower, even as it looks at expanding production to meet rising coal demand in the country.
Growth of eight key infrastructure sectors slowed down to 8.2 per cent in June 2023 compared to the year-ago month due to a decline in the production of crude oil, according to the official data released on Monday.
On a day he was promoted to the Cabinet rank, Union Coal Minister Sriprakash Jaiswal promised bringing about revolutionary changes in his ministry aimed at fast-tracking the coal reforms process.
The Central Bureua of Investigation sought a maximum of seven years imprisonment for the five convicted persons and imposition of heavy fine on the private firm.
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JSPL and Balco had emerged as the highest bidders in the recently concluded auctions.
Since the US, the second biggest emitter of greenhouse gases after China, has shifted in a major way to shale gas, the focus of global environmentalists' ire has fallen on India, which is the third biggest emitter, reports Darryl D'Monte.
The victim was allegedly murdered and later burned in a coal furnace in a village of the Bhilwara district, with locals claiming that she was also gang-raped.
At the Silkyara tunnel in Uttarkashi, at least 12 experts have been called by Trenchless Engineering Services Private Limited and Navayuga Engineers Private limited for applying the rat-hole mining technique horizontally in the collapsed part of the main structure.
The Central Bureau of Investigation is likely to question Congress MP and industrialist Naveen Jindal on Friday in connection with a case of alleged cheating and criminal conspiracy in bagging Amarkonda Murgadangal coal block in Birbhum in 2008.
These three blocks figure in the 'Schedule I' list of those coal mines, which are being auctioned afresh
The incident occurred at around 7.30 pm on December 29 when a massive mound of earth came crashing down on excavators at Lalmatia open cast coal mine of Eastern Coalfields Ltd, the worst such disaster in over a decade.
The five warmest years in Indian weather history have occurred in the past 14 years -- the others being 2009, 2017 and 2010, in order of intensity.
'The UK is more of a structural problem, and that's why we're doing the restructuring.'
Initiating the process of allocation of coal mines, the government on Monday invited proposals from PSUs for alloting 17 blocks to them, mostly for captive power plants.
'For the last two elections, the Congress manifesto has been thrown into the dustbin.' 'This manifesto will also be thrown into the dustbin.'
Coal workers across the country have resumed work after a two-day strike and promised to make up for an estimated 1 million tonne production loss, as the government assured that state-run behemoth Coal India will not be privatised and employees' interests would be paramount.
The former coal secretary opens up in a free-wheeling interview.
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