October 24, 2014 23:15 (IST)
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.
October 22, 2014 18:45 (IST)
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.
Reported By: Heena Gambhir | October 21, 2014 16:32 (IST)
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.
October 20, 2014 21:16 (IST)
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.
October 20, 2014 20:21 (IST)
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.
October 20, 2014 18:22 (IST)
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.
October 19, 2014 18:59 (IST)
Coal India Ltd (CIL) has so far signed 162 fuel supply agreements (FSAs) with power plants.
October 13, 2014 17:03 (IST)
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.
October 10, 2014 20:27 (IST)
In order to improve coal supply, the government on Friday said it is focusing on 2-3 major rail projects that will resolve the connectivity problems.
October 09, 2014 21:31 (IST)
State-owned Coal India Ltd (CIL) missed its output target for a fifth consecutive month in September, producing 34.88 million tonnes (MT) of the dry fuel against the targeted 36.17 MT even as acute fuel shortages continue to hit power generation.
October 07, 2014 14:53 (IST)
India's coal imports surged 19 per cent to 16 million tonnes in September from a year ago as fuel-hungry power companies bought at lower international prices to bring in much-needed supplies, preliminary data from online trader Mjunction showed.
October 05, 2014 18:36 (IST)
Power tariff in the city may go up next month as the Delhi Electricity Regulatory Commission (DERC) is all set to levy a fuel surcharge to help the private distribution companies adjust their power purchase cost.
October 03, 2014 21:45 (IST)
State-run miner Neyveli Lignite's 1,000 MW thermal power plant at Tuticorin is in advanced stages of completion, a development that will help it achieve over 4,200 MW generation capacity.
October 03, 2014 20:49 (IST)
With the Supreme Court clearing the air with regard to coal blocks, the Coal Ministry has said it will make efforts to ensure that the fuel is made available for electricity generation and the crisis at power plants is eased.
October 01, 2014 19:18 (IST)
The recent cancellation of coal block allocations by the Supreme Court provides an opportunity for the government to reform the process of awarding coal mines in the country, global credit rating agency Standard & Poors said on Wednesday.
September 27, 2014 18:10 (IST)
The Supreme Court's verdict to cancel all but four coal mines allocated since 1993 will have a serious ramification for the energy and steel sectors hitting their bottomlines and fines imposed alone could amount up to Rs 7,300 crore, rating agencies have said.
September 25, 2014 20:27 (IST)
JSW Energy Ltd on Thursday said it had agreed to buy three operating power plants from Jaiprakash Power Ventures Ltd, as it looks to expand its portfolio beyond coal and lignite-based plants.
September 24, 2014 20:35 (IST)
Law Minister Ravi Shankar Prasad declined to give a reason for the delay but said "there is life beyond gas pricing".
New Delhi | September 24, 2014 16:21 (IST)
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp, had in 2008 discovered the Farzad-B gas field in its Farsi exploration block in the Persian Gulf.
Guwahati | September 12, 2014 19:20 (IST)
NRL achieved a sales turnover of Rs 9,872 crore recording a growth of 13 per cent while the net profit increased by 157 per cent to Rs 371 crore.