This year the power sector has been much in focus for reaÂlising the high GDP growth foreÂcasts in the country. Compared to previous plans, the 11th Five Year Plan, ending this fiscal, is expected to culminate with one of the better performances.
Category: Coal & Mining
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Show cause notice to 57 mines
The Joda mining circle, unÂder the Orissa state steel and mines department, has sent show cause notices to 57 mines for the irregularities and minÂing rule violations caused by them between 2001 and 2010.
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As economy booms, pressure to cut subsidies will go down
By the end of next year, both projects and financial facilitation for them should reach a stage where it's smooth sailing for infrastructure sectors, if Montek Singh Ahluwalia, Deputy Chairman, Planning Commission of India, has his way.
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MOEF guidelines worrisome for coal sector
A recent notification by the Ministry of Environment and Forests (MOEF) has left the industry especially the coal sector, worried. Under the curÂrent order, if an applicant is not able to get the clearance for using forest land
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No mining should be allowed for trading
The unstoppable and straight-speaking Karnataka Lokayukta (now retired) has done his bit for the sustenance of the legitimate mining industry. While exposing the biggest mining scam to date, his observations on mining policy and practice should perhaps be heard and considered carefully.
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Mining royalty rate hike sought
Orissa Chief Minister, Naveen Patnaik sought a level playing field by urging the centre for an upward revision of mining royalty rates and a ban on ore exports.
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Indonesia to tighten coal export norms
Indonesia has circulated a draft decree seeking comments on imposing a ban on export of coal below 5,100 gross kcal per kg from 2014. Earlier, Jakarta brought in regulations that calÂled for all coal exports
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Coal shortage cuts thermal generation
According to Central Electricity Authority (CEA) the thermal generation in the couÂntry dipped during September and the April-September period. In a report it said, although the coal-based plants achieved a growth rate of 6.46 per cent over the same period last year,
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Push comes to shovel
In an environment of slowing economy with threats of a double-dip looming larger than ever, the industry has been hoping for some time for some good news from the government. That wait for mining companies just got longer.
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We have taken specific steps to curb illegal mining
The Centre has been taking several steps in recent months to guarantee that the amount of mineral mined matches that licensed and transported.