The special court has asked the Central Bureau of Investigation if the then coal minister was examined by it in a coal scam case involving Kumar Mangalam Birla and others.
Gurgaon-based infrastructure major, Lanco Infratech announced that it has agreed to acquire, for an undisclosed sum, Australia's Griffin Coal Mining and Carpenter Mine Management to fuel its growing power generation base.
These numbers show overall exposure and are not a reflection that all loans are going to be impacted.
The power situation is likely to worsen in the country with as many as 16 major power plants facing critical supply of coal, barely adequate to meet their requirements of less than a week, an Assocham survey has said.
The Coal India offering would follow a 5 percent stake sale in state-controlled Oil and Natural Gas Corp, worth $2.8 billion and slated for December.
"The committee will work toward pooling of international and domestic coal prices so that the cost of production does not rise... as international coal is expensive and also domestic coal is not sufficient for the plants," a senior Power Ministry official said.
R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss.
Pawar posted on X, formerly known as Twitter, pictures of him and Adani cutting a ribbon of the factory.
The Central Bureau of Investigation and the Centre were at loggerheads on the coalgate scam in the Supreme Court on Tuesday with the agency pointing out irregularities in the coal block allocation during the United Progressive Alliance-I tenure and the government vehemently refuting the allegations.
Since the court had earlier questioned distribution of mining rights through the screening committee route, experts say the solution worked out would be weighed on the basis of legality.
Eleven mine workers were killed because of carbon monoxide poisoning in a coal mine in northern China. They died after an air compressor caught fire inside the mine in north China's Hebei Province, local authorities said on Friday.
Minster of State in the Prime Minister's Office V Narayansami today said Centre is examining demands for including coal block allocations made during national Democratic Alliance rule within purview of Central Buerau of Investigation probe.
The government on Tuesday advised investors to stay put with Coal India Ltd to multiply their fortunes and compared the strengths of the company with gold, which is considered the best long-term bet to create wealth.
A bench headed by Chief Justice H L Dattu said, the apex court had granted six months' time to wind up their operations and the companies cannot be restrained from excavating coal during this period.
The apex court had observed that the allocation was arbitrary, illegal, and resulted in unfair distribution of national wealth.
The Opposition on Monday vociferously raised in the Rajya Sabha the issue of crucial files of the coal ministry going missing, alleging that it was a conspiracy to save Prime Minister Manmohan Singh in the multi-crore-coal block allocation scam being probed by the Central Bureau of Investigation.
India plans to double coal production by 2020
The Central Bureau of Investigation will question at least two former officials of the Prime Minister's Office who were involved in the processing of the file related to coal block allocation to Hindalco.
Making a stinging criticism of the Central Bureau of Investigation and senior officials of the coal ministry and the Prime Minister's Office, the Supreme Court on Wednesday hauled them up for changing the "heart" of the coal-gate probe report but appeared to have given a breather for Law Minister Ashwani Kumar and the government for the time being.
So far, CBI's investigations into the coal scam are highly superficial and limited to small fishes. It is unlikely to go deeper in the political connections, a source tells rediff.com
The cement industry consumed around 25.35 million tonnes of coal last year. Of the last year's offtake, 14.18 mt was through coal linkages from Coal India and Singareni Collieries, which in the past had been over 20 mt.
Union Rural Development Minister Jairam Ramesh on Thursday said it was not possible to cancel all the coal block allocations but asserted that no one, even if a minister or a senior official, would be spared if found involved in the coal scam.
The company scrapped a proposal to import coal this year as it dipped into high inventory to meet requirement of power plants.
PSU, other govt bodies told to explain delay on developing the concessions for years.
The G20 leaders will deliberate on pressing global issues at the grouping's annual summit here on September 9 and 10. India is hosting the summit in its capacity as the current G20 chair.
A total of 152 miners were working underground at the Xiaojiawan Coal Mine in the coal-rich Panzhihua city when the blast occurred on Wednesday evening.
After a 10-month probe, the Central Bureau of Investigation has decided to file a closure report in the coal block allocation case involving industrialist Kumar Mangalam Birla and former Coal Secretary P C Parakh as the agency could not find any evidence in this matter.
The Supreme Court had cancelled 204 such allotments.
Moitra said she has been found guilty of breaching a code of ethics that does not exist and that there was no evidence of cash or gift given to her.
With the country poised to import 142 million tonnes in 2011-12, the development holds significance as a tie-up with railways will help CIL in transporting the imported coal to its destinations.
The Central Bureau of Investigation on Monday filed its first charge-sheet in a Delhi court in the coal blocks allocation case against Navabharat Power Pvt Ltd for allegedly misrepresenting facts and making "fraudulent" claims to "embellish" its applications to get allotments between 2006 and 2009.
Contests in 13 seats would attract most attention during the Chhattisgarh assembly elections as they feature prominent leaders of the Congress and BJP.
It is more than certain that coal supply is a major constraint on power production; and power is a major constraint on industrial growth.
Union Home Minister Sushilkumar Shinde on Saturday said the coal issue will soon fade away from public memory as happened in case of Bofors.
A geographic information system analysis released by Greenpeace India -- How Coal Mining is Trashing Tigerland -- determines that coal mining threatens over 1.1 million hectares of forest in just 13 coalfields in Central India.
A total of 86 metres have to be drilled vertically to prepare an escape passage. Pipes of 1.2 metres in diameter have to be laid vertically through the top of the tunnel on which work began on Sunday as a second option to reach the stranded labourers.
De-allocation could raise import bill by $3 billion, add to coal shortage.
Even as the Bharatiya Janata Party paralyses Parliament on the allocation of coal blocks by the Centre, its own government in Chhattisgarh had come under attack from Comptroller and Auditor General for allocating coal blocks at 'abnormally low' rates that led to a loss of over Rs 1,052 crore.
The court said that it would now consider the CBI's final report
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