Budget 2014

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  • Coal India Trade Unions Call Off Strike

    Coal India Trade Unions Call Off Strike

    State-run Coal India's labour unions have called off a strike planned for Monday in protest against a stake sale and opening up of the industry, setting the stage for Prime Minister Narendra Modi to press ahead with energy reforms.

  • Government Taking Steps for Smooth Transportation of Coal: Anil Swarup

    Government Taking Steps for Smooth Transportation of Coal: Anil Swarup

    The government is taking steps to ensure hassle-free transportation of coal from remote mines, apart from increasing its production capacity, Coal Secretary Anil Swarup has said.

  • Price Performance of Energy Stocks Other Stories
  • Panel to Seek Cabinet Nod for Coal Reserve Price Methodology: Report

    Panel to Seek Cabinet Nod for Coal Reserve Price Methodology: Report

    An inter-ministerial panel on Tuesday decided the methodology for fixing reserve price for an upcoming coal auction and will seek approval of the Cabinet for the same.

  • Coal Minister Says 1 Billion Tonnes Output Target by 2019 'Doable'

    Coal Minister Says 1 Billion Tonnes Output Target by 2019 'Doable'

    Aiming to make India self-sufficient in coal, Power and Coal Minister Piyush Goyal said on Tuesday that the target of doubling domestic production from the current 490 million tonnes level was "possible".

  • Panel to Meet on Tuesday to Decide on Coal Reserve Price: Report

    Panel to Meet on Tuesday to Decide on Coal Reserve Price: Report

    The committee, comprising secretaries of ministries of finance, power, steel, law, mines, petroleum, industrial policy and promotion and coal, is to decide on the auction start price or the reserve price for allotting coal blocks whose allocation was cancelled by the Supreme Court recently, sources said.

  • Rattan India Power to Bid for Coal Blocks to Revive Units

    Rattan India Power to Bid for Coal Blocks to Revive Units

    With the government expected to put 74 coal blocks on e-auction soon, most of them operational, Rattan India Power has decided to participate in the bidding so as to revive its nearly 2,700-MW worth of projects it had earlier shelved for want of fuel.

  • Coal India October Output Beats Target for First Time in 7 Months

    Coal India October Output Beats Target for First Time in 7 Months

    Coal India Ltd's production beat its target in October, the first time in seven months, as the state-owned miner opened a major mine and there were no rain-related disruptions.

  • Tribunal Rejects Adani Power Plea on Condoning Delay

    Tribunal Rejects Adani Power Plea on Condoning Delay

    The Electricity Appellate Tribunal has rejected Adani Power's application seeking to condone the "481 days" delay in filing a plea against the April 2013 ruling by Central Electricity Regulatory Commission (CERC) with regard to tariff issues at Mundra project.

  • Government Notifies 33 Per Cent Gas Price Hike; CNG Prices Raised

    Government Notifies 33 Per Cent Gas Price Hike; CNG Prices Raised

    The government has notified a 33 per cent hike in natural gas prices, which have led to a steep increase in CNG rates in states like Maharashtra and Gujarat.

  • BPCL Aims to Double Refining Margins With Refinery Expansion

    BPCL Aims to Double Refining Margins With Refinery Expansion

    BPCL aims to raise the capacity of the Kochi refinery to 310,000 bpd from the current 190,000 bpd by May 2016. Besides boosting margins with the upgrade and expansion, the refinery will also be able to produce fully Euro IV compatible gasoline and diesel, Shukla said.

  • ONGC Highest Ranked Indian Energy Firm, Reliance Industries Lags: Report

    ONGC Highest Ranked Indian Energy Firm, Reliance Industries Lags: Report

    State-owned Oil and Natural Gas Corp (ONGC) has edged past Reliance Industries Ltd (RIL) to become the highest ranked Indian energy firm on this year's Platts Global 250 Rankings.

  • Coal India Ordered to Improve Contract Terms in Online Auctions

    Coal India Ordered to Improve Contract Terms in Online Auctions

    The Competition Commission of India (CCI) has ordered Coal India Ltd (CIL) to change the way it supplies the dry fuel through certain online auctions, ruling that the current methods were abusing the company's dominant position.

  • Coal India Trade Unions Caution Against De-Nationalisation of Mines

    Coal India Trade Unions Caution Against De-Nationalisation of Mines

    Cautioning against any attempt to de-nationalise coal mines, the five operating trade unions of Coal India Ltd (CIL) have said they will meet shortly to decide the future course of action.

  • Firms With Cancelled Mines Can Bid in Auction by Paying Levy

    Firms With Cancelled Mines Can Bid in Auction by Paying Levy

    All firms which had their coal blocks cancelled by the Supreme Court, barring those convicted for offences related to mines allotment, can bid in the e-auction after paying additional levy, says the Ordinance on coal mines.

  • Fuel Subsidy to Reduce to Rs 75,000 Crore This Year: Oil Minister

    Fuel Subsidy to Reduce to Rs 75,000 Crore This Year: Oil Minister

    Oil Minister Dharmendra Pradhan said in an interview to NDTV that the move to deregulate diesel prices is a "well thought decision" and the markets are appreciating it. He also said that as the world is seeing some stability in oil prices, it is the best time to make the most of this opportunity.

  • Government Pushes Ahead With Coal Reforms

    Government Pushes Ahead With Coal Reforms

    The government moved on Monday to open up its coal industry to commercial mining, signalling the most serious shift in 42 years toward allowing private players full participation in the sector.

  • Proposed Ordinance Sets Roadmap for Coal Reforms, Mines to be E-Auctioned

    Proposed Ordinance Sets Roadmap for Coal Reforms, Mines to be E-Auctioned

    Finance Minister Arun Jaitley on Monday signalled that the government may allow commercial use of mines in the future, but did not indicate when. The government is also using an executive order or Ordinance to acquire the land of nearly 214 coal blocks that were cancelled in September by the Supreme Court.

  • Modi Government May Decide on Coal Reforms: Your 10-Point Cheat-Sheet

    Modi Government May Decide on Coal Reforms: Your 10-Point Cheat-Sheet

    The Narendra Modi government may discuss much-needed reforms in the coal sector in a Cabinet meeting today, sources told NDTV. A decision on reforms in the coal sector may come after the government announced linking diesel prices to market rates and hiked prices of domestic gas over the weekend. The government needs to address the deficit in coal supply urgently to reduce import dependence and provide uninterrupted power to fuel a growing economy.

  • Coal India Signs 162 Fuel Supply Agreements With Power Plants: Report

    Coal India Signs 162 Fuel Supply Agreements With Power Plants: Report

    Coal India Ltd (CIL) has so far signed 162 fuel supply agreements (FSAs) with power plants.

  • Revive 1 Lakh MW Plants to Tackle Power Problems: Advisory Group

    Revive 1 Lakh MW Plants to Tackle Power Problems: Advisory Group

    India's electricity problems can be solved within a short time by reviving power plants of thermal power capacity of 1 lakh MW that are lying idle, Chairman of the Advisory Group for Integrated Development of Power, Coal and Renewable Energy Suresh Prabhu has said.

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