Coal auctions: JSPL bid for Chhattisgarh block in trouble

Coal auctions: JSPL bid for Chhattisgarh block in trouble

The government has decided to reject Jindal Steel & Power Ltd’s (JSPL) Rs 230-per-tonne bid for a captive coal block in Chhattisgarh, claiming the valuation to be too low even though the company was the highest bidder for it in the recent round of auctions, a senior official said.

Six coal mines under allotment process: Govt

Six coal mines under allotment process: Govt

The Coal Ministry on Friday said it is considering allotment of six coal mines that have been marked for end-uses like power, iron and steel and sale of coal. The ministry had started allotment process for 15 coal mines for various specified end-use such as in power and iron & steel sectors.

NLC India decides to cultivate nearly 26 lakh trees in Odisha

NLC India decides to cultivate nearly 26 lakh trees in Odisha

The Central government promoted ‘Navratna’ — NLC India Limited, which is planning to invest more than Rs 17,000 crore in its integrated coal-fired power projects, has embarked upon aggressive programs of afforestation to cultivate close to 26 lakh trees in Odisha.

CAG faults Coal India over green concerns

CAG faults Coal India over green concerns

The Comptroller and Auditor General’s (CAG) report on the environmental impact due to mining activities and mitigation measures at Coal India Limited (CIL) and its subsidiaries, has found several discrepancies.

Price control: The gas on gas price deregulation

Price control: The gas on gas price deregulation

The government has initiated discussions to ‘lift price restrictions on domestically produced natural gas’. However, it intends to do it ‘gradually’. It wants to continue with regulated gas pricing for at least three more years.

6 CIL arms didn’t formulate MoEF mandated policy: CAG

6 CIL arms didn’t formulate MoEF mandated policy: CAG

Six of the seven coal producing subsidiaries of the world’s largest miner CIL did not devise a policy as mandated by the environment ministry, according to a CAG report tabled in Parliament on Wednesday. “Coal India Ltd (CIL) amended its original Corporate Environment Policy

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