The Union finance ministry has given an in-principle approval to a new mechanism in which all regulatory clearances are to be obtained by the government before coal blocks are auctioned to state-run or private companies, thus concluding the debate on 'go' and 'no-go' areas for mining of coal.
Tag: Update
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Coal-rich nations' policies to hit power cos
Development of new proÂjeÂcts could face problems from the regulatory reforms being undertaken by coal-rich nations - from where the fossil fuel is sourced.
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Coal shortage to hit power addition plan
Shortage of coal is expected to impact the country's new capacity addition plans to the tune of 15,000 MW in the current fiscal.
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Solar power can meet 5-7% power requirements
A study published by KPMG, a global consulting coÂmpany, has forecast that solar power can meet 5-7 per cent of India's total power requiremÂents by 2021-22.
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Customs duty waiver to power projects
On the basis of a provisional certificate issued by the Finance Ministry, duty-free import of power equipment by mega power project developers is set to be allowed qualifying the developers for a waiver.
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NTPC to invest Rs 1 tn in hydel projects
NTPC plans to invest about Rs 100,000 crore over 10 years to set up the country's largest hydro power project.
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DoT plans fund for domestic companies
The telecom department plans to set up a Rs 10,000-crore fund that will provide loans at
5 per cent interest raÂtes to indigenous companies that enter the networks manufacturing space.
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PPP for DFCCIL
Dedicated Freight Corridor Corporation of India (DFCCIL) has shortlisted three models of public-private partnership (PPP) for the 550-km Dankuni-Sonnagar stretch on the eastern corridor.
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Railways plans Rs 50,000 cr pvt investment
Indian Railways aims to attract private investments worth Rs 50,000 crore for its expansion projects during the 12th Five Year Plan period.
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Expertspeak: Building in before bidding out
How can BOT contractors with NGVF improve their returns from highway investment? JD Stuart Macaskie itemises what measures the scheme should take to extract more financial and efficiency benefits.