The eGoM, headed by External Affairs Minister Pranab Mukherjee, is likely to take up issues including demand from developers to revise the 5,000 hectare land ceiling for one SEZ.
The government told the Bombay high court on Friday that the empowered group of ministers decided that Mukesh Ambani-led RIL will start supplying gas from the KG basin to Anil Ambani's Dadri power project and other upcoming power plants once it is ready to begin operations.
The calculations done on June 25 were mostly based on the average international price in the first fortnight of June.
Maharashtra government, which is facing the heat over land acquisition for the special economic zones has written to the Centre asking it to clarify the scope of the term compulsory land acquisition.
There are opportunities to repeat the success of NTP '99 with 3G and Broadband Wireless Access, says Shyam Ponappa.
After violence in Nandigram, the Government has decided not to give further approvals for Special Economic Zones where acquisition of land is being resisted.
Reliance-ASA on Monday emerged as the highest financial bidder for the Delhi airport modernisation project, offering 46 per cent of revenue share to government for the work.
Within days of approving a price formula for gas to be produced by Reliance Industries, the government said on Friday it will ask the Mukesh Ambani company to prioritise fuel sales to fertiliser plants, city gas and existing power plants.
The government on Saturday said it is expected to take a decision on privatisation of Delhi and Mumbai airports at the meeting of the Empowered Group of Ministers on January 24.
The Empowered Group of Ministers headed by Pranab Mukherjee has cleared the Food Security Bill, paving the way for Right to food to be made a fundamental right backed by legal provision. The bill is strongly supported by Rahul Gandhi and Congress president Sonia Gandhi.
The government holds 89.5 per cent stake in NTPC and it plans to dilute five per cent stake constituting 41.22 crore (412.2 million) shares through its proposed FPO.
The much awaited auction of spectrum for 3G mobile services is likely to be delayed by more than a month and may commence from the first week of March next year -- schedule for which is to be announced soon.
The Supreme Court on Tuesday said that it will hear on October 6 pleas challenging the Patna high court's August 1 order giving the go-ahead for a caste survey in Bihar.
The empowered group of ministers will take up tomorrow the modernisation plans of Delhi and Mumbai airports even as the government has cautioned low cost carriers on the present fare structure introduced by some of them.
RIL had sought 11.80 million standard cubic meters per day of KG D-6 gas to meet feedstock requirement at its twin refineries but it got only 2.34 mmscmd.
The rehabilitation policy, which is being currently formulated by the Ministry of Rural Development, is unlikely to affect the special economic zones already approved by the government.
The government told the court that price of gas, determined by an empowered group of ministers, is applicable to all the buyers, whether they are government companies or private. The government will file an affidavit to this effect on Tuesday.
Union Home Minister Amit Shah will visit Arunachal Pradesh on April 10 and 11 where he will launch the 'Vibrant Villages Programme' in Kibithoo, a village along the India-China border.
National Thermal Power Corp, Gas Authority of India Ltd and Indian lenders will contribute Rs 500 crore (Rs 5 billion) each as equity
An empowered group of ministers had effected on April 5 major changes in SEZ rules, also setting the 5,000 hectare cap.
The Indian government is open to making changes in 5,000-hectare land ceiling for Special Economic Zones which was decided at the meeting of Empowered Group of Ministers about two weeks back.
The government on Tuesday said it was considering various options for restructuring of the 2,184 MW Dabhol power project.
Ending the suspense over the modernisation of airports, the empowered group of ministers took a final decision on Tuesday on the Rs 5,400 crore (Rs 54 billion) projects at Delhi and Mumbai Airports, contracts for which would be awarded by January 31.
The Empowered Group of Ministers, which had its third meeting on Wednesday morning was near unanimous on the need to honour the government's commitment allowing marketing and price freedom to investors investing in oil and gas hunt.
The empowered group of ministers (GoM) looking into ways to resolve crisis in the $3 Dabhol power project on Friday discussed various issues including the future course of action on litigation and restructuring but could not arrive at a decision.
Land acquisition for special economic zones is stuck because of a year-old directive by the Empowered Group of Ministers that bars state governments from carrying out compulsory acquisition of land for the zones.
The Parliamentary Committee on Special Economic Zones on Friday said no further SEZs should be notified unless the law is amended to include changes pertaining to land acquisition.
Internet giant Google is investing $10 billion in India's digitisation fund, its CEO Sundar Pichai has told Prime Minister Narendra Modi, a step that will recognise India's leadership on fintech and will support small and large businesses in India, the US and around the world. Pichai met Prime Minister Modi in Washington on Friday and also announced the opening of Google's global fintech operation centre in the Gujarat International Finance Tec-City (GIFT) in Gandhinagar. "It was an honour to meet Prime Minister Modi during the historic visit to the US. We shared with the Prime Minister that Google is investing $10 billion in India's digitisation fund," Pichai said.
The empowered group of ministers, however, decided to allocate the initial 40 million standard cubic metre per day of gas from KG-D6 basin to the existing power and fertiliser plants and proposed units like the captive power plant at Nagothane did not figure in the scheme of things. A company spokesperson confirmed the scrapping of the project.
Hearing the petition by Tata Power against a decision of the Empowered Group of Ministers to allow use of coal from the captive mines for Sasan Ultra Mega Power Project to other projects, the Court did not give a stay and fixed the next date for hearing on February 24.
The Congress leader is also being probed by ED in two separate money-laundering cases of Aircel-Maxis and INX Media.
Lamichhane's Rastriya Swatantra Party, which was formed just months ago, won 20 seats in the 275-member House of Representatives and is the third largest party among the ruling alliance.
The Empowered Group of Ministers, which is looking into the debacle of the Dabhol power project
Maruti scrips closed 1.8 per cent higher at Rs 663.05 on the Bombay Stock Exchange.
Telecom Regulatory Authority of India has recommended up 62 per cent reduction in base price of premium 2G spectrum and up to 37 per cent in case of radiowaves freed from the cancellation of 122 licences, compared to the amount fixed for previous auction.
The Union Cabinet on Thursday cleared Indian Airlines' plans to purchase 43 aircraft from Airbus Industrie.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances