A ground-truthing report has revealed that multiple conditions laid down by government authorities to decrease the impact of air pollution on local communities and the environment at Mormugao Port Trust’s (MPT) coal-handling berths have been violated.
The National Company Law Appellate Tribunal (NCLAT) has set aside an order by the Kolkata bench of the National Company Law Tribunal which allowed initiation of insolvency proceedings against Eastern Coalfields (ECL), a subsidiary of India’s largest miner Coal India.
Shortage of coal at power plants, inadequate tariff hikes and rising operational costs after the 7th Pay Commission have been putting additional pressure on already hard-pressed electricity distribution companies (discoms).
Auctions for commercial coal mining may not take place soon as the country is entering the election mode, said a top government official. The statement comes amid resistance from the trade unions operating in the coal sector against commercial coal mining.
Coal India Ltd’s (CIL) effort to help power plants replace imported coal with domestic supplies hasn’t been quite a success as select power producers continue with their imports, which has worried the ministry.
Coal India Ltd, the world’s biggest coal miner, reported a 50.1 percent jump in third-quarter profit on Tuesday as it benefited from higher coal production.
The second round of coal auction under the Centre’s SHAKTI scheme for stressed assets would keep out former winners and bidders. Private power players have raised concern with the Cabinet Secretary that the bidding guidelines under SHAKTI-II
Indian government subsidies for fossil fuels, including oil and gas, have decreased by 76% over the three years to 2017, but subsidies for the coal industry have remained stable over the same period, a new study by think-tank International Institute for Sustainable Development (IISD), has found.
The coal ministry has expressed concern over delay in the commissioning of around 18 washeries by state-owned Coal India Ltd (CIL) and stressed upon the need for timely completion of the projects.
The Supreme Court on Friday held the owner of the illegal ‘rat hole’ coal mine in Meghalaya responsible for the mishap that happened on December 13. Operations to look for the ill-fated miners who have since been trapped