NEW DELHI: The government is considering approaching the Supreme Court to deter power companies from surrendering coal mining projects they have won in auctions for captive use. Of the five companies
The National Green Tribunal on Wednesday sought response of the Centre, Madhya Pradesh and Uttar Pradesh as well as several industries, including Essar and Hindalco, on a plea opposing new power projects
Petition challenges concessions given to mining giants by Chhattisgarh government July has been a bitter month for the mining tycoons of the country. In the first week, the CBI pulled up JSPL (Jindal Steel & Power Ltd.) chief Naveen Jindal, who allegedly misrepresented facts in the coal blocks allocation scam, while the Dongria Kondhs, a primitive hill tribe, came together to obstruct a mega project of Vedanta Alumina in southern Orissa.
Both Essar Steel and BRPL used to draw water from the river to lay underground slurry pipelines for mineral transportation from Joda to Paradeep In a setback to Essar Steel and Brahmani River Pellets Ltd (BRPL), the National Green Tribunal (NGT) has continued its stay order, restraining both companies to draw water from the Baitarani river in Keonjhar district of Odisha.
The Centre has decided to order an inquiry into the diversion of tribal forest land for coal mining in Mahan region of Madhya Pradesh where mass forgery of villagers’ signatures to attain approvals for
Bhushan Steel has already filed contempt case on similar case The recent Supreme Court notice to the state government to file response on Essar Steel’s plea for providing an iron ore lease for its steel plant as per its Memorandum of Understanding (MoU) with the state government has brought fresh legal trouble since the government is yet to comply fully to the top court order in a similar case filed by Bhushan Steel and Power Ltd (BSPL).
Visakhapatnam: The industrial units and PSUs that are partners of Green Visakha Project were asked to shoulder trusted responsibility in making the Project a realistic and noble activity. Addressing
Ore major keeping domestic price lower than landed cost of import; falling rupee does not come to rescue as international ore prices have also softened The rupee slide could result in a rise of the steel industry's import bill for key inputs, like coke. But, for now, it is unlikely to alter the equation for those depending on import of iron ore. The recent fall in iron ore prices in the international market has offset the slide in the rupee.
Gujarat High Court on Friday directed the Central Government to decide within four weeks the issue of granting approval to the allocation of forest land to Essar Steel Ltd (ESL) near Hazira in Surat district. A Division Bench of Chief Justice Bhaskar Bhattacharya and Justice J B Pardiwala, while disposing of a PIL challenging the allocation of forest land measuring 2.07 lakh sq meters, also asked the Gujarat Government to demolish the constructions made by the company at the site if the Centre decides not to grant approval.
The state industry department has asked the Odisha Industrial Infrastructure Development Corporation (Idco) to formulate the draft memorandum of understanding (MoU) to be signed with Indian Oil Corporation Ltd (IOCL) after due consultation with district government pleader to avoid litigations. The Petroleum and Natural Gas Regulatory Board (PNGRB), the upstream regulator for the petroleum sector, had already identified nine locations in the state such as Bhubaneswar, Khurda, Rourkela, Bhadrak, Jajpur, Anandpur, Baripada, Balasore and Kamakhyanagar for development of the city gas distribution network (CGD).
The Odisha government has allowed miners working under special conditions after expiry of lease validity to sell iron ore raised before October 2012 in the open market, which traders say would boost supply by around 10 million tonnes (mt). "The lifting of the restriction would enable miners to sell iron ore and fines stacked since October, which would be somewhere between nine and 10 mt. It’s a welcome step and will boost ore availability for steel makers,” said Prabodh Mohanty, a spokesperson for the East Zone Miners' Association.
