The coal ministry is expected to table the Coal Regulatory Authority Bill in the Parliament in the ongoing Budget Session. If passed, it would mean a new era in transparency in captive coal block allocation.
Tag: India
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The $50 billion question: Is equipment manufacture ready for Defence Sector?
The newly unveiled Defence Production Policy focuses on increasing private participation in defence equipment manufacture. Although not a new practice, the policy could mean a major boost to indigenous equipment manufacture.
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Orissa discoms invested Rs 1,426 crore on capex
Central Electricity Supply Utility of Orissa (Cesu), Northern Electricity Supply Company of Orissa (Nesco), Southern Electricity Supply Company of Orissa (Southo) and Western Electricity Supply Company of Orissa (Wesco) have together invested Rs 1,425.58 crore on capital expenditure since the privatisation of electricity distribution in the state.
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Rise in Q3 income: MARG
MARG has posted a significant rise in its income from operations at Rs 317.32 crore in the third quarter ended December 2010 as against Rs 206.64 crore a year ago.
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UP to invite bids for solar
Uttar Pradesh government will float bid document to attract private investment in solar to supply energy.
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WBGEDC uses green power
The West Bengal Green Energy Development Corporation (WBGEDC) along with a private partner will execute a central project to supply power to 41 villages in the Sunderbans on a public-private partnership basis.
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Oil PSUs capex at Rs 74,800 cr
Oil majors like ONGC will invest over Rs 74,800 crore in capital expenditure in 2011-12 fiscal.
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IOC to upgrade refinery
Indian Oil Corporation (IOC) will invest Rs 4,000 crore to upgrade its refinery in Haldia.
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New regulator for ports
The Shipping Ministry was mulling to do away with the Tariff Authority for Major Ports and bringing in a new regulator which will enable ports in India to fix their own market based tariffs for higher returns.
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New guidelines for eco zones
The union environment ministry has announced new guidelines to create eco-sensitive zones (ESZs) around protected areas.