Adi Godrej, President, Confederation of Indian Industry (CII), remarked that coal blocks allocated under due process should not be cancelled, as any such cancellation will adversely impact business sentiment. He also said that the judiciary should only interfere if there is any violation of law. Auction is the preferred but not the only route for allocation of coal mines. The government should not cancel coal blocks just on the basis of a report from the Comptroller and Auditor General (CAG), Godrej opined.
FlashNews:
CleanMax Raises $575 Million for 1 GW Renewable Push in Rajasthan and Karnataka
ADR Adopted at BRICS Meet, Meghwal Pedals for Sustainability
The New Power Corridor
Mumbaiâs Rooftop Solar Revolution: Tata Power Consumers Slash Bills by 50%
GAIL Posts âđ69.68 Billion Profit for FY2025-26 Amid Global Headwinds
RRP Defense Secures âđ298 Million BEL Order for Germanium Lenses
Noida International Airport: Indiaâs New Visiting Card
India, Korea Ink Landmark MoU for Thoothukudi Mega Greenfield Shipyard
Air India Slashes 29 International Routes Amid ATF Price Surge
WABAG, PEAK Partner on Ghaziabad Bio-CNG Plant to Boost Energy Security
DFCCIL, ICFAI Forge Partnership to Drive Innovation in Logistics
S&P Urges Breaking Barriers as India Growth Outlook Moderates
Bhutan, World Bank Seal $515 Million Pact for Dorjilung Hydropower
REC Posts Record âđ162.8 Billion Profit, Declares Highest Dividend
Indiaâs Infrastructure Investments to Surge 50% Despite Global Uncertainties: Crisil Ratings
Future of Himalayas White Paper Calls for Systemic Shift in Development and Resilience
Global Wind Installations Surge 40% as Sector Charts Path Beyond Energy Crisis
Siemens Ushers in Industrial AI Transformation with Eigen Engineering Agent at Hannover Messe
India and Asian Markets Adapt to Middle East LNG Disruption: S&P Global Energy
Home » CII against coal block de-allocation
CII against coal block de-allocation
Coal & Mining
October 1, 2012October 1, 2012


Leave a Reply
You must be logged in to post a comment.