Accused of supplying sub-standard coal at high prices, the country’s largest coal producer, Coal India (CIL), is planning to make third-party inspection of coal samples mandatory for all future fuel supply agreements (FSAs) with the user industries in the power, steel and cement sectors.

Sources privy to the development told FE that the move would restrain companies from levelling accusations against the coal PSU as the tests on coal samples would be undertaken by an independent agency whose selection would be mutually decided by CIL and the user companies.

Lucky Cement won the 7th CSR National Award in the category of ‘Supporting and improving the education’ in Pakistan. The CSR Association publicly announced the award.

UltraTech Cement company on Friday said that it has temporarily shut down its Awarpur cement plant in Maharashtra, due to workers’ unrest, which has 3.6-million tonne production capacity.

15% allowance on capital expenditure would help PSUs, too

India Inc has a good reason to step up capital expenditure (capex). With the Budget proposing an additional investment allowance of 15 per cent for assets acquired and installed in the next two years for over Rs 100 crore in capital spending, companies are expected to get a total benefit of Rs 25,000 crore.
According to an estimate by the Centre for Monitoring Indian Economy (CMIE), India Inc plans fresh capital expenditure of around Rs 5,00,000 crore in 400 projects in the next two financial years.

Carbon monoxide has been blamed for four deaths of workers in a cement plant in northwest China's Gansu Province on Wednesday, local officials said.

Six heavy polluting industries in 47 cities will gradually comply with special international emission limits on airborne pollutants, starting on March 1, a recent ministry-level environmental meeti

The industries in the Bhairahawa-Lumbini road, the area along the highway between Bhairahawa and Lumbini in Rupandehi district, have a major impact on water, soil, air, flora and fauna, health and