The environment appraisal committee of the Union environment ministry has given the go ahead to state-run miner NMDC Limited to operationalise 10 million tonne per annum greenfield iron ore mine at

The IB report claims Greenpeace’s “funding of research bodies” is a “massive effort” that has not attained high visibility so far.

New Delhi : A high-level panel of the union environment ministry will over the next two days consider clearances for a clutch of projects entailing an investment of about Rs 80,000 crore.

South Korean steel maker Posco’s plans to set up a 12 million tonne integrated steel plant in coastal Orissa may get delayed further.

A study sponsored by the Planning Commission shows that Haryana, Gujarat and Madhya Pradesh are the top three industry-friendly states in the country. Orissa is at the fourth position, and Andhra Pradesh the fifth.

Of the states in the top five positions, two were ruled by the Congress — Haryana and Andhra Pradesh — and two by the BJP, Gujarat and Madhya Pradesh. Orissa has a BJD government.

With Lok Sabha elections barely two months away, Planning Commission deputy chairman Montek Singh Ahluwalia has suggested hiking the overall tariff of gas-based power by 50-85 paise per unit to hel

Hindalco’s Mahan coal block, along with some blocks of Tata Steel, Jindal Steel and Power and Reliance Power could be cancelled by an inter-ministerial group, which will meet on Friday. The cancellations would figure as part of the list of 61 blocks that were allocated to companies between 2005 and 2008.

Significantly, the cancellation for Mahan, if it happens, would be after it has got a go-ahead from the ministry of environment and forests recently. Aditya Birla Group company Hindalco and Ruia’s Essar have plans to develop the block jointly.

The Planning Commission has junked a proposal by power producers to mandate Coal India act as a banker for surplus coal.

New Delhi : The MB Shah Inquiry Commission has estimated the size of illegal iron ore mining in Orissa at Rs 60,000 crore and has said half of the profits from mines in the state should go to the local population.

The commission has, however, let off large mining companies including Tata Steel, Essel Mining (Birla group) and SAIL from any fresh probe. It has not found any evidence of illegal mining by these companies but that of over extraction from their mines.

South Korean steel company Pohang Steel Company (Posco) has sought Cabinet Secretary Ajit Kumar Seth’s intervention in renewing the green clearance for its project in Orissa.