The immediate trigger is the environment ministry’s latest policy of asking corporates to mandatorily commit five per cent of project investments in environment protection measures, under what it calls corporate environment responsibility (CER).
Coal mine A committee headed by Planning Commission member B K Chaturvedi has asked for incentives to states for faster ecology clearances for coal mining. It has suggested a larger share of power from the Centre’s unallocated quota, a larger allocation of coal blocks and higher special plan grants.
The benefit sharing mechanism proposed for the mining sector could see companies restructuring operations in an effort to have a lesser impact on their top line once the new regime is in place.
Gujarat would house the largest solar energy park in Asia in two years, with a power production capacity of 500 Mw.
This would be set up with an investment of around Rs 8,000 crore flowing from companies such as GMR and Lanco, which have been assigned generation capacities under the Gujarat Solar Mission.
Gujarat had announced a solar power policy in January 2009, with a target of installing
Unable to meet many of its supply commitments, state-owned Coal India Ltd (CIL) has sought an amendment to the New Coal Distribution Policy (NCDP) of 2007.
