Corrective action on the coal scam must not be such as to impose further obstructions to production of coal from the blocks allotted.
The government is auctioning 42 coal mines among 204 coal blocks.
The company has also advised power firms to use trucks to carry coal from remote mines, like the Amrapali open cast pit in eastern Jharkhand state.
The Central Bureau of Investigation is likely to question Congress Member of Parliament Naveen Jindal this week in connection with its First Information Report against him and his company for alleged cheating while applying for coal block.
Welcoming the Central Bureau of Investigation's raids on companies suspected to be involved in irregularities in allocation of coal blocks, the Bharatiya Janata Party on Tuesday said the government should take a cue from this and cancel the allocation. He was talking to reporters after the BJP Parliamentary Party meeting in Delhi on Tuesday.
Reliance Capital Asset Management Company (RCAM) and ICICI Securities Primary Dealership have been selected to manage Rs 60,000 crore (Rs 600 billion) provident fund corpus of coal industry workers.
The Communist Party of Indi today demanded that Prime Minister Manmohan Singh reply to charges of irregularities in allocation of coal blocks instead of evading an answer over the issue.
"Some more coal blocks would be de-allocated," Coal Minister Sriprakash Jaiswal told reporters after attending a meeting on infrastructure projects convened by Finance Minister P Chidambaram.
BJP MP and coal crusader Hansraj Ahir blames Shinde for give permission for 45 power plants in Chandrapur in Maharashtra.
The Supreme Court order has created a new legal framework for coal mining by ruling that only the Union government and its entities can do it.
Trade unions on Tuesday began a five-day coal industry strike, terming it as the biggest industrial action for any sector since 1977.
India, which wants to double its coal output by 2020, in February raised the tax on mining coal to $6 per tonne from $1 in a bid to make it more expensive to consume the dirty fuel
The court said accused cannot leave India without getting its permission.
Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.
Union Coal Minister Sriprakash Jaiswal on Saturday admitted that some files related to the coal block allocation scam are missing.
Buoyed by higher demand for crude oil and imported coal, Indian ports recorded a growth of 11 per cent in traffic during the April-June quarter of 2022-23. This shows that the economy is opening up, a report by DAM Capital said. The volume increase assumes significance since both prices of crude oil and imported coal have been soaring this year. Indian coal companies were pressed for supply amid a thermal coal crisis earlier in the year.
Amid the raging row over coal block allocation, as many as 90 mines face the threat of de-allocation as these are under scanner for non-production. Of these, 58 coal blocks are in the immediate focus with an Inter-Ministerial Group set to decide their fate on Monday.
Bangladesh has no concerns about Adani Group's ability to supply power from a plant in Jharkhand, said Tawfiq-e-Elahi Chowdhury, adviser to the country's prime minister on energy. Speaking on sidelines of the India Energy Week in Bengaluru, Chowdhury, who holds ministerial rank, said talks with Adani on the supply are private and can't be made public. "Electricity will come very timely. Summer peak is coming and that 600 MW of Adani Power is very helpful," he said.
Alleging that all questions related to the coal department have been removed from Parliament's website, Bharatiya Janata Party on Monday accused the Congress of trying to hide the truth about the "coal scam" and said it will lodge a complaint with the Rajya Sabha Chairman.
An Australian environmental group has launched a legal challenge against Adani Enterprises' $7 billion Carmichael coal mine project in the Galilee Basin.
Sources said the committee is also expected to underline its unhappiness at the conduct of some opposition members during its proceedings and make a mention of it in its recommendations to the House.
The coal scandal began with revelations about the Manmohan Singh government, then expanded in scope to take in the Vajpayee government, and has now become a sweeping saga that lays bare the contemporary Indian state.
Currently, the government holds 100 per cent stake in the PSU and plans to offload 10 per cent equity through the IPO, which will offer 63.16 crore (631.6 million) shares.
After the 2G spectrum scam, the focus is now on the coal scam which has cost the exchequer a whopping Rs 1.86 lakh crore.
Bharatiya Janata Party MP Hansraj Ahir, who has been at the forefront in exposing the scandalous free allotment of coal blocks by the United Progressive Alliance, explains the modus operandi of the coal scam in the second and final part of his interview with rediff.com's Sheela Bhatt.
RINL, whose two coking coal blocks in Jharkhand -- Mahal allocated in 2005 and Tenughat-Jhirki allocated in 2008 -- were de-allocated by the Coal Ministry at the beginning of this month, had earlier requested permission to surrender these blocks in lieu of two alternative blocks in the region.
In a bid to break the monopoly of public sector over coal, the government proposed to introduce legislative changes allowing for private mining while liberalising norms for allotment of captive blocks permitting trading of coal.
Samariya, the first Dalit to have been appointed to the post, was working as information commissioner in the transparency panel Central Information Commission (CIC). A 1985-batch Indian Administrative Service (IAS) officer of Telangana cadre, Samariya retired after serving as the labour and employment secretary in the Government of India. He was sworn in as the information commissioner on November 7, 2020.
The Bharatiya Janata Party on Thursday accused the government of not cooperating with the Central Bureau of Investigation in the coal scam by dilly-dallying on sharing relevant files with the probe agency and demanded that the computers in the Prime Minister's Office, which store such information, should be seized for "data mining".
India's state-owned miner had posted a whopping 68 per cent jump in net profits for the half-year ended September, 2011.
The decision was taken by the ministry this week, a top Coal Ministry official said, while refusing to reveal the names of the companies.
The Central Bureau of Investigation has filed a progress report of its further investigation in the coal blocks allocation scam case allegedly involving former Coal Secretary P C Parakh, industrialist Kumar Mangalam Birla and others, in a sealed cover before a special court.
The Central Bureau of Investigation on Tuesday filed a fresh status report in a sealed envelop in the Supreme Court on coal block allocation scam giving details of the ongoing probe in which companies, business tycoons and bureaucrats have come under its scanner.
The approval was announced by Environment Minister Greg Hunt, who said "after undertaking a thorough assessment and consideration under national environment law, I have approved the Carmichael Coal Mine and Rail Infrastructure project, subject to 36 strict conditions".
The company has already received the coal ministry's nod to reduce the face value of its shares to Rs 10 from Rs 1,000 at present.
In a bid to diversify its portfolio, the state-owned National Thermal Power Corporation proposes to foray into new areas, including coal mining and coal washeries, through the joint venture route where it would hold minority stake.
Aiming to garner over Rs 15,000 crore (Rs 150 billion) through the largest ever public offering in India, the government on Tuesday decided to price Coal India's IPO in the range of Rs 225-245 a share for divesting its 10 per cent stake.
India's economy grew at a two-year high of 5.7 per cent in the first quarter of this financial year, after a below-five per cent growth in 2012-13 and 2013-14.
The country's largest coal producer Coal India is likely to decide in 2-3 days on roping in anchor investors for its upcoming mega initial public offer, Coal Minister Sriprakash Jaiswal said here on Friday.
The Central Vigilance Commission has convened a meeting with Central Bureau of Investigation Director Ranjit Sinha to discuss the missing files with details of coal block allocations.
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