The work on coal and iron ore berths at the Paradip port, already delayed by two years, is expected to start in September.
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East coast ports to import bulk of coal
PVK Mohan, Chairman, National Shipping Board, said the country's coal imports will shortly rise to 200 million tonne annually and the bulk of the imports will be through east coast ports.
Coal block bidding
The government expects to introduce competitive bidding for auctioning coal blocks by the end of the financial year.
Tata Power secures coal for Mundra UMPP
Tata Power has received coal from Arutmin mines, Indonesia, for its 4,000-MW ultra mega power project (UMPP) at Mundra.
RBI: Moderate growth, inflation to remain firm
High inflation and the consequential policy rate increases are likely to impact domestic growth in the future, said the Reserve Bank of India (RBI) in its Financial Stability Report. A slowdown in investment demand and the slackening global
CIL preferred over coal block bidding
The government will consider competitive bidding for coal blocks, but only after allocating blocks to state-run Coal India and state governments.
WB loan for DFC section
The World Bank has approved about Rs 4,500 crore loan for the 343 km Khurja to Kanpur stretch on the Eastern Dedicated Freight Corridor Project.
Coal price pooling upsets industry
Industries, including power generating companies, are expressing concern over the recent move by the government to pool coal prices.
Five companies bid for NTPC's Rs 9,000-crore tender
Five firms have bid for NTPC's Rs 9,000-crore tender for supply of nine units of supercritical power equipment including Bharat Heavy Electricals etc.
Centre not to scrap e-auction
The coal minister has ruled out scrapping of e-auction of coal and indicated that any such move would increase the pithead stock.