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Delayed clearances for coal blocks, as well as companies' own failure in developing mines, appear to have had a financial implication of Rs 1.46 lakh crore (Rs 1.46 trillion) for the country.
Over 75 per cent of India's daily coal output has been hit as the five-day strike by workers of state-run miners entered the second day on Wednesday, raising fears of disruption in power supplies.
Of these, 14 have received environmental clearances and four forestry clearances.
The Trinamool Congress MP, considered number 2 in the party, also advised Shah to teach nationalism to his son and make sure that the law and order situation improves in Delhi.
The government should give the first right of refusal in the ensuing coal mine auction to the companies which lost the blocks in the mass cancellation by the Supreme Court on Wednesday, former Coal Secretary PC Parakh said.
The output of eight key infrastructure sectors expanded by 2 per cent in September, though the growth was slower than the 9.5 per cent registered in the same month last year, according to official data released on Wednesday. The output of these sectors had contracted by 1.6 per cent in August. Out of the eight key sectors, three -- crude oil, natural gas and electricity -- recorded negative growth in September.
This is because the government's move might dim the possibility of taking over the 42 blocks permanently.
Hindalco is currently one of the frontrunners in the coal auction
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Approval for Adani's Carmichael coal mine was set aside last week.
Terming the replacement of its officer supervising some cases pertaining to the coal mining scam as a "routine affair", the Central Bureau of Investigation on Monday said he had completed his tenure and left because of "family reasons", even though an extension was offered to him.
Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.
The government has so far closed bids for 13 blocks.
Yes, India needs desperate measures to kick-start growth. But selling off its lungs to the highest bidder to hack away cannot be the way out, says Sumit Bhattacharya.
The depth of water from the surface till the bottom of the pit is expected to be over 150 feet, Navy officials said.
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.
Coal Ministry has slapped showcause notice on North of Arkhapal Srirampur coal block allocated to the project in Odisha.
The Delhi high court on Tuesday suspended the three-year jail term of former Union minister Dilip Ray in a coal scam case pertaining to irregularities in the allocation of a Jharkhand block in 1999.
Adani has blamed opposition to its mine for delays in moving the $7 billion project to the construction phase
Susngi said there was slight dip in the water level in the mine shaft, but it was not significant enough.
The Trinamool Congress leader had been languishing without a portfolio for over four months.
The body, located 200 feet away from the bottom of the mine, was brought out using the Indian Navy's underwater remotely operated vehicle and an National Disaster Response Force boat on Wednesday, said operations spokesman R Susngi.
Between 2007-08 and 2017-18, the number of countries they imported steam coal from has increased from six to 12.
CMD designate says company will do everything to meet the presidential directive.
Central Bureau of Investigator Director Rajit Sinha is likely to inform the Supreme Court that the probe agency's report on the controversial coal mine allocation was shared with Union Law Minister Ashwani Kumar but will make it clear there was no dilution of the document.
Despite these challenges, his strong voice for the state's tribal population has been central to his political identity
Conflicting views on Coal India (CIL) might leave investors confused. The bullish perspective that India has strong power demand (and also high steel production) means high demand for coal. As CIL is the monopoly producer of coal -- supplying over 80 per cent of the domestic requirement - the public sector undertaking should be a beneficiary of the rising power demand.
Zama, however, said the unions would keep resisting any move that could undermine the position of Coal India.
The Telangana High Court upheld a trial court's verdict handing out death penalty to five senior operatives of banned terror outfit, Indian Mujahideen, involved in a bomb blast that left 18 people killed in 2013. The court dismissed the criminal revision appeal filed by the IM operatives while upholding the NIA court's judgment. The five members, including IM co-founder Mohd Ahmed Sidibapa alias Yasin Bhatkal, Pakistani national Zia-ur-Rahman alias Waqas, Asadullah Akhtar alias Haddi, Tahaseen Akhtar alias Monu and Ajaz Shaikh, were convicted in 2016. The special court for NIA cases here awarded capital punishment to five convicts treating it as a rarest of the rare case. The high court, after conducting a detailed hearing in the appeals filed by the convicts, confirmed the death sentence of the five IM operatives.
Dhirendra Mulkalwar, one of the protestors who raised a protest banner at Essar's Mumbai headquarters, on why he joined Greenpeace's Junglistan group that is working to save India's forests.
According to coal ministry officials, the Bill is likely to be introduced in the Lok Sabha on Wednesday. The Coal Mines (Special Provisions) Ordinance, 2014 was brought in October this year in the wake of the Supreme Court's decision cancelling 214 coal blocks.
The decision was taken by the ministry this week, a top Coal Ministry official said, while refusing to reveal the names of the companies.
India's jugalbandhi with coal and clean energy is coming unstuck, neither achieving adequate renewable generation nor ensuring sufficient coal-fired power in the quest to become a $5-trillion economy. Six months have elapsed since Prime Minister Narendra Modi announced an ambitious climate agenda for India at COP26 at Glasgow. The net zero emissions target by 2070 is a distant one, but there are nearer-term plans to meet 50 per cent of energy demand with renewables by 2030 by increasing capacity to 450 Gw. A cursory look at the balance sheet of India's climate progress since November reveals ponderous progress towards meeting the renewables target even as the country is scrambling to expand coal-fired generation in the face of a power crisis.
India and the US have decided to hold sector-specific talks in the coming weeks to finalise the structure of the proposed bilateral trade agreement (BTA), the government said on Saturday. The engagement between the two countries came in the backdrop of the USA's threat to impose reciprocal tariffs on its key trading partners, including India, on April 2.
Five Parliamentarians from Karnataka including Janata Dal-Secular leader and former chief minister H D Kumaraswamy, Bharatiya Janata Party leaders Nirmala Sitharaman and Pralhad Joshi, who were part of the previous Cabinet, on Sunday took oath in the new National Democratic Alliance Council of Ministers headed by Prime Minister Narendra Modi.
Govt has allowed transfer of clearances granted to the previous allottees to new owners.
Environmental campaigners say they hope two outstanding court cases can still stop India's Adani Enterprises Ltd from developing a A$10 billion ($7.6 billion) coal project.
This is the first time India is offering coalmines to private companies for commercial sale.
Tata Steel is in the process of filing a curative petition in the Supreme Court in connection with the apex court ruling which said that states have the power to levy cess on mining and mineral-use activities. The petition by the steel manufacturing firm is aimed at seeking remedy to the order, passed by a 9-judge Constitution Bench of the Supreme Court on July 25. However, Tata Steel's managing director and chief executive officer T V Narendran told Business Standard that there was no demand note on the firm.
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
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