Ministry will wait further before deciding on 30 others

Acting on the recommendations of the Inter-Ministerial Group (IMG), the Coal Ministry is likely to issue formal orders for cancellation of 29 captive coal blocks belonging to Hindalco, Tata Power, Jindal Steel and Power and Essar Power, among others.

Struggle to keep 25000 MW of gas-based power capacity alive

The Finance Ministry has rejected the Power Ministry’s proposal for a nearly Rs.25,000-crore subsidy cushion and instead asked it to work on gas price pooling and pass on the tariff to distribution companies (discoms) or consumers.

Moving to re-assess the oil and gas potential of the country, Petroleum and Natural Gas Minister Veerappa Moily on Monday announced setting up of a Multi Organisation Team (MOT) to carry out the re

Captive coalmines without green clearances would be de-allocated

The Coal Ministry has warned 61 private firms including Jindal Steel and Power, Tata Steel, ArcelorMittal and Adani Power that their captive coalmines will be de-allocated if they have not obtained forest and environment clearances.

Climate change has not been strongly influenced by variations in heat from the sun, a scientific study has indicated.

Scientists at the University of Edinburgh carried out the study using records of past temperatures constructed with data from tree rings and other historical sources. They compared this data record with computer-based models of past climate, featuring both significant and minor changes in the Sun.

National Solar Mission instrumental in bringing down cost of power

The Jawaharlal Nehru National Solar Mission Phase-1 (JNNSM) is poised to make India a global leader in the development of solar power as its green growth agenda increased the installed capacity from around 30 MW to more than 2,000 MW, a World Bank report said on Thursday.

To cut down the outflow of dollar and increase the rupee trade for purchase of more crude oil from Iran, the Finance Ministry has asked the Petroleum Ministry to take immediate steps to make the En

The Cabinet Committee on Economic Affairs is likely to take up on Thursday the Power Ministry’s proposal for a Rs.11,000 crore subsidy payout to cover the hiked electricity tariffs on account of th

The government auditor wants to know steps taken to ensure that the firm delivers gas at $4.2 mbtu

The Mukesh Ambani-owned Reliance Industries Limited (RIL) is in for more trouble as the Comptroller and Auditor-General has questioned the Petroleum and Natural Gas Ministry over the recent gas price increase and wanted to know the steps taken to ensure that the operator (RIL-BP) delivers gas at $4.2 mbtu as per the approved production plan.

Following good response to the LPG direct benefit transfer scheme, the Petroleum and Natural Gas Ministry on Monday decided to extend it to 35 more districts from September 1, taking the total cove