Coal sector to get regulator
New Delhi: Aiming to plug loopholes in the coal sector, the government will set up an independent regulator with the task of conserving resources besides charting methodology for fixing prices.
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Andhra Pradesh can save Rs 7,500 cr-worth electricity a year: Expert
Visakhapatnam: Chief Executive Officer of the State Energy Conservation Mission A. Chandra Sekhara Reddy on Saturday said here that Andhra Pradesh wasn't able to produce enough electricity because of
CBI registers fresh case in coal scam; carries out searches
The CBI today carried out searches in five cities after registering a fresh case against Jharkhand Ispat Private Limited for alleged irregularities in the allotment of coal blocks.
17 consultancy firms show interest in CIL restructuring
The government has received applications from 17 firms, including McKinsey, KPMG, Ernst & Young, Deloitte and Crisil, in response to the bids for the appointment of advisors to restructure Coal India Ltd (CIL).
SC questions Centre power to allocate coal blocks
The Supreme Court today questioned Centre’s power to allocate coal blocks to companies, saying it has a lot of “legal explanation” to do as the statutory Act empowers only the states to undertake this task.
Coal-fired political minefields dominate 2012
Coal fired a minefield of controversies in 2012, fuelled by CAG estimates of a huge Rs 1.86 lakh crore loss for allocation of coal blocks to business houses without auction which served as fodder to the Opposition parties to target the government.
A young crusader fights for our forests
Fifteen year old Vibhawari Jammi from Hyderabad is one of the most active volunteers for Greenpeace India’s campaign to save forests from coal mining in Central India. She has enthusiastically gathere
CAG says Rs 3.06 lakh cr financial benefits to private firms
Already reeling under various scams, government on Friday faced a fresh fusillade from the CAG which has estimated financial benefit of over Rs 3.06 lakh crore to private parties in coal blocks allotm
Land, coal availability challenges for power sector:Ratan Tata
Problems pertaining to land and coal availability pose a challenge for the power sector, making it difficult to provide electricity at affordable rates, Tata Group Chairman Ratan Tata said on Friday.
Coal buyers see defaults as prices slip: Traders
Indian coal markets are seeing scattered defaults among end-user and trade buyers in part because of a 20 per cent slide in prices in 2012, although the vast majority are honouring their contracts, In