User: sattva_1 Topic: environmentset1
Category: energy
12 new since Jul 25 2014 16:25 IST RSS 2.0
 
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Australia activist escapes jail over mine hoax 25.7.2014 Zee News : World
An Australian anti-coal activist escaped jail Friday over a fake press release that temporarily wiped more than Aus$300 million (US$282 million) from the share price of mining company.
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Centre to appoint panel to decide gas price plan 25.7.2014 Asian Age: Business
The BJP government deferred the implementation to June 25 A month after it put on hold the previous United Progressive Alliance government’s decision to double gas prices, the Narendra Modi government is appointing a panel headed by former Power Minister Suresh Prabhu to suggest an alternative pricing model. Worried about the cascading impact of doubling of gas rates on power tariff, urea cost and retail price of compressed natural gas and piped cooking gas, the government will appoint a three-member committee to review the formula approved by the previous government, a source said. The panel, which will comprise of Pratap Bhanu Mehta and Bibek Debroy, chief executive and faculty respectively, of think-tank Centre for Policy Research, will be asked to submit its report by August 31. The new government had on June 25 deferred implementation of the Rangarajan formula which would have doubled natural gas prices to at least $8.4 per million British thermal unit, till September end to conduct a ...
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JSW Energy to buy Lanco’s Udupi plant 25.7.2014 Asian Age: Business
JSW Energy is close to acquiring Lanco Infratech’s 1,200 MW Udupi power plant in a deal worth nearly Rs 6,000 crore, industry sources said. The acquisition would help the Sajjan Jindal-led firm in realising its ambitious expansion plan of having 11,770 MW power generation capacity against 3,140 MW presently. The deal, which is at advanced stages of negotiation, would involve JSW Energy taking over more than Rs 4,000 crore debt associated with the imported coal-fired Udupi plant, they said.When contacted, a JSW Energy spokesperson said, “The company as a policy does not respond to speculative reports or market rumours.” Lanco Infrateach declined to comment. Faced with challenging business conditions, Lanco has been looking to sell some of its assets including Udupi plant. The diversified group has already started shedding some of its non-core assets. Among others, last year it sold some wind energy assets in Tamil Nadu. The 2X600 MW Udupi plant requires around four million tonnes imported coal a year and ...
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UP government plans to develop industrial zones at 43 stations of eastern dedicated freight corridor 25.7.2014 TOI: Lucknow Times
At the CII Invest North, principal secretary, infrastructure and Industrial Development, Government of UP- Sanjiv Saran, asserted that the state with a growth rate of 7 percent GDP account for the highest share of consumer expenditure and that it calls for 'high-quality infrastructure ...
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Higher tax norm on redemption of debt MFs to be applicable from July 11 25.7.2014 HBL: Home
In an effort to give relief to India Inc and large investors, the Finance Minister Arun Jaitley has said that higher tax norms on redemption in debt mutual fund will be applicable from July 11. <...
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Crude oil production in India grows at snail's pace in June 25.7.2014 HBL: Home
Domestic crude oil production for June 2014 grew at a snail's pace of 0.1 per cent to 3.125 million tonnes as against 3.123 million tonnes in the same month last year. While crude oil pro...
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Coimbatore industry bodies hail CM’s move to set up investment zones 25.7.2014 HBL: Home
Industry associations in Coimbatore have welcomed the slew of announcements made by the Chief Minister J Jayalalithaa like establishment of a National Investment and Manufacturing Zone (NIMZ) and...
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‘Approach the water crisis in a holistic manner’ 25.7.2014 Projects Monitor
Mahathi Parashuram,Head – Public Affairs, Grundfos Pumps India Pvt. Ltd
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Central Coalfields Ltd to Revamp washeries for augmenting production 25.7.2014 IndLaw News
The Central Coalfields Ltd (CCL) has decided to revamp its old washeries, which had become inoperative due to poor maintenance and outdated technology.
The CCL has five coking coal and two non-coking coal washeries.
SC sets up special court for coal scam trial 25.7.2014 Hindu: News
Senior advocate R.S. Cheema appointed SPP for the trial to be held in the court of Additional Sessions Judge Bharat Parashar.
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Online clearance for environmental, mining and coal issues of stalled projects 25.7.2014 News
BS ReporterHyderabad, 25 July. Additional secretary and chairman of Project Monitoring Group(PMG) in Cabinet Secretariat, Government of India. Anil Swarup on Friday said they will be launching the web-based clearance system for issues pertaining to ...
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Supreme Court appoints RS Cheema as spcial public prosecutor in coal block allocation scam 25.7.2014 DNA: Top News
The Supreme Court appointed senior advocate R S Cheema as Special Public Prosecutor for trial in coal blocks allocation scam. Additional Sessions Judge Bharat Parashar will hold trial in all cases arising out of coal scam. The court of ASJ Bharat Parashar be notified as a special court which will exclusively deal with coal scam. The special court will conduct the trial in coal scam on a day-to-day basis, the Supreme Court conveyed today. DNA had reported that there was no taker for the job of special public prosecutor to try the illegal coal block allocation cases involving Jindal Steel, Aditya Birla group and others. Senior advocate Gopal Subramanium and Dayan Krishnan had already refused to accept the assignment. Prashant Bhushan had also suggested the name of ARvind Nigam, but CBI did not agree saying he was not a criminal lawyer. CBI has initiated its preliminary probe into more than 200 cases of illegal allocation of coal blocks. The companies who could be in trouble are Tata Steel, JLD Yavatmal ...
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DVC seeks 51% hike in power tariff for 2014-15 25.7.2014 Latest News
State-run Damodar Valley Corporation (DVC) has sought a sharp hike in power tariff for the current fiscal and the next two years.
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GVK set to launch operations of two new power projects this year 25.7.2014 Latest News
Hyderabad-based GVK Power & Infrastructure Limited is set to commence commercial operations of two of its power projects, which are under execution, during the current financial year.According to the GVKPIL, its step down subsidiaries, the Rs ...
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Delhi MPs meet petroleum minister to discuss PNG issues 25.7.2014 Zee News : States
A delegation of members of Parliament from Delhi, led by the Union Health Minister, Dr Harsh Vardhan met Minister of State (I/C) for Petroleum and Natural Gas Dharmendra Pardhan here to discuss the issue of the supply of Piped Natural Gas (PNG) in the union territory.
Multiple challenges plague power sector 25.7.2014 Projects Monitor
With falling thermal Plant Load Factor levels, rising subsidy for state owned distribution utilities and the uncertainty over resolution of tariff compensations for Independent Power Producers, the country’s power sector continues to be plagued by multiple challenges, according to a recent report by credit rating agency ICRA. The report said that energy deficit level dropped […]
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Singareni Collieries revises Dorli OCP-I expansion plan 25.7.2014 Projects Monitor
Singareni Collieries Company Ltd (SCCL) has revised its expansion plan for Dorli OCP-I. SCCL had earlier prepared a proposal for production capacity of 0.70 MTPA which was approved by the coal ministry. SCCL’s revised plan aims for enhancing the production capacity to 1.70 MTPA. The revised mining and mine closure plan entails change in the […]
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CBI registers 2 fresh cases in coal scam 25.7.2014 Top Headlines
CBI on Thursday filed fresh FIRs against two private companies...
Report: Coal trains planned for state carry issues, bring jobs 25.7.2014 Seattle Times: Top stories
Puget Sound politicians call for investments in overpasses to keep traffic moving in the event 18 daily coal trains pass through the area someday.
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India will not have to wait for bringing back black money: Jaitley 25.7.2014 HBL: Home
Finance Minister Arun Jaitley today said that India will not have to wait for long for bringing back the black money. He said that the Government is giving all the information received f...
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