<p>Order of the National Green Tribunal (Eastern Zone Bench, Kolkata) in the matter of Ajay Rajak Vs Ministry of Coal & Others dated 04/07/2023.</p> <p>The matter is related to illegal coal mines
New Delhi The Prime Minister's Office on Wednesday directed the power and coal ministries to complete the process of signing fuel supply agreements (FSAs) with power developers by November 15. As per an earlier directive, Coal India Limited (CIL) has to sign about 80 FSAs with power producers for projects getting commissioned up to March 2015. CIL has already signed 29 FSAs so far, but will have to get all the producers on board for the agreement as even the older version of the contract needs to be tweaked a bit.
New Delhi The shortage of domestic coal is finally beginning to affect development of new power projects in the country with the government proposing to stop acceptance of companies’ applications for fresh coal linkages for a period of three years. It may also restrict provision of long-term coal linkage to only 60,000 mw of power projects in the 12th Five-Year Plan against the power ministry’s recommendation for 1,50,000 mw of projects.
Once feted for being India’s highest taxpayers, miners are the new untouchables in town. Banks don’t want to lend to them, policymakers are hesitant to frame policies for them, customers don’t know what
The coal ministry has asked Reliance Power to stop mining at blocks attached to the 4,000-mw Sasan ultra mega power project (UMPP) as the land has not been legally transferred to it. However, Reliance
New Delhi The government is likely to postpone the implementation of coal price pooling because of the strong opposition from consuming states who feel it would raise the cost of power generators and increase tariff for consumers. Under price pooling mechanism, CIL would have subsidised the price of imported coal (which is 50% costlier now) by raising domestic coal prices and supplying full quantity of coal at uniform price to consumers. The pooling mechanism, being finalised at the instance of the Prime Minister's Office (PMO), is meant to address coal shortage being faced by consumers and would be especially helpful to new power plants to cut the cost of fuel imports.
MEJIA, 7 OCT: At a time when the country is gasping for power, the Damodar Valley Corporation’s Mejia Thermal Power Station (MTPS) has set a new record for generation. On Thursday evening, the 2,380
The details of how the reserve price would be calculated and the quantum of the outgo for the world's largest coal miner are yet to be worked out There may be no going back on bidding for coal blocks by the government, but a new policy would put a price on mining rights for even government-controlled Coal India Ltd (CIL). The coal ministry has decided to charge CIL a “reserve price” for the 116 coal blocks allotted to the state-owned miner. “We are going to ask CIL to pay a reserve price for all the 116 blocks allocated to the company last month. No reserves would be allocated for free now,” a senior coal ministry official told Business Standard.
New Delhi In a bid to protect its revenue stream and maintain margins while fulfilling its obligations to supply higher level of coal to the power sector under the new fuel supply agreement, Coal India is going in for an aggressive strategy to step up output. The focus will be on increasing the supply of washed coal to the consumers commanding a premium pricing. The company, which is producing about 22 million tonne of washed coal at present, expects to take up production to about 300 mt or over 50% of its total coal production by over next few years.
The inability of Coal India Ltd (CIL) to cater to power producers has sparked a confrontation between the power and coal ministries, with the power secretary demanding that CIL compensate for the losses
The Indian industrial sector has slowed down and reviving it is an immense challenge, given problems in the availability of power. Many states across the country have been facing daily power cuts of upto
