Additional Solicitor General Haren Raval, who sparked a controversy by telling the Supreme Court that the Central Bureau of Investigation status report on Coalgate was not shared with the government, resigned on Tuesday from his post, the first head to roll on the issue.
Additional Solicitor General Haren Raval, who sparked a controversy by telling the Supreme Court that the Central Bureau of Investigation status report on Coalgate was not shared with the government, resigned on Tuesday from his post, the first head to roll on the issue.
India suffers from peak power deficit of three per cent.
The power ministry is considering asking Reliance Energy to match the price offered by the Lanco Infratech-Globeleq consortium for power from the Sasan ultra mega power project.
The power ministry's plan, through the Bureau of Energy Efficiency, to fix fuel efficiency standards for passenger cars is likely to increase the prices of small cars by as much as Rs 70,000, according to industry estimates.
The power ministry's plan, through the Bureau of Energy Efficiency, to fix fuel efficiency standards for passenger cars is likely to increase the prices of small cars by as much as Rs 70,000, according to industry estimates.
Sitharaman, who was holding the Commerce portfolio (Independent charge), was on Sunday promoted to the Cabinet rank as was Goyal.
Agency seeks details of the period when Sushilkumar Shinde headed the ministry
Experts point to the bitter experience of countries including Mexico, Thailand, South Korea and Russia and desist from going forward with plans of issuance of such securities. They say rather than going abroad, the country should increase participation of foreign investor in the government securities which does not have any forex risk.
Owing to Finance Minister Nirmala Sitharaman being new to her role, a number of crucial announcements in the Budget bore Garg's imprint, especially the decision to borrow in overseas markets, reduce the fiscal deficit as a percentage of gross domestic product, and resort to off-Budget borrowing to meet that target, says Arup Roychoudury.
The latest numbers showed 34 of India's 90 power stations were running on critical coal stocks.
The new rules are expected to reduce power cost.
A day after changes in their portfolios, Finance Minister P Chidambaram and Home Minister Sushil Kumar Shinde took charge of their respective ministries.
P Chidambaram was on Tuesday made the finance minister as Prime Minister Manmohan Singh undertook a minor reshuffle in portfolios in the Union Cabinet, necessitated by the exit of Pranab Mukherjee in June. According to the announcement, Power Minister Sushilkumar Shinde is the new home minister in place of Chidambaram.
The govt may offload 9.5 per cent stake and bring its holding down to 75 per cent.
The 1975 batch IAS officer joined the BJP after his retirement in 2013.
Switzerland is preparing a feasibility report on improving energy efficiency in the buildings coming up in India as they are likely to be major contributors to carbon emissions.
Power is a very crucial sector, as it fuels growth; one per cent increase in power generation leads to one per cent increase in gross domestic product, says Veerappa Moily.
'Rahul Gandhi is one of the few in the UPA with the political clout to carry out those much-needed reforms in the railway and power ministries, even if it means bruising a lot of egos in the short-term. Becoming a minister without portfolio is undoubtedly the safer option, but if there is no pitfall neither is there the opportunity of solid achievement.'
West Bengal Chief Minister Mamata Banerjee said on Thursday that at least 72 people have died due to Cyclone Amphan and urged Prime Minister Narendra Modi to visit the affected districts and provide help to 'rebuild those areas from scratch'
The government holds 85.96 per cent in NHPC.
Proposes conversion of Rs 1 lakh crore cumulative losses into bonds or loans.
As many as 12,394 complaints of alleged corruption were received against railway employees.
The scheme was kicked off in July last year by Prime Minister Modi as part of power sector reforms in rural areas
The project biomass solar energy type and would be developed in a viability gap funding kind of model, in which the end product has to sold at a specified price.
Inter-ministerial committee held it first meeting on subsidising costlier imported LNG by making consumers of cheaper domestic natural gas pay more.
The Power Ministry plans to impose huge penalties of over Rs 1 lakh per day on industries that fail to achieve energy efficiency targets under the three-year Perform, Achieve and Trade (PAT) programme starting April 1.
In a move to help quicken the flagging pace of distribution reforms in the power sector, the Union finance ministry has approved the creation of a Rs 50,000-crore National Electricity Fund - first mooted in the 2008-09 Budget - for attracting investment in this area.
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