The government would give a special dispensation to state-owned entities such as NTPC for the development of captive blocks under a new policy to be announced within a week, coal minister Sriprakash Jaiswal told FE in an exclusive interview.
The policy on development of captive blocks will, however, be tough on private sector companies who fail to adhere to agreed time-lines for development of
The recent decision of the Board of Directors of public sector National Thermal Power Corporation (NTPC) to award a mine development contract worth `25,000 crore to an Australian company has caused widespread concern in industry and political circles.
Two Congress MPs have raised serious objections and accused the Power Ministry of wrongdoing.
The coal ministry has allowed Reliance Power (R-Power) to reassign 26 million tonnes per annum (mtpa) of coal from the Tilaiya ultra-mega power project (UMPP) coal blocks in Jharkhand.
As an expanding economy looks for fuel for further growth, India needs to raise its coal production. But Sriprakash Jaiswal, minister of state (indpendent charge) for coal, faces challenges from the Maoists as well as form environmental lobbies. In an interview, Jaiswal discusses his plans to meet these challenges and also the future of the coal sector.
THE Union coal ministry is poised to clear a 5.5 million tonne annual coal linkage for the near 5,000-crore super-thermal venture being put up by RPG flagship CESC in Orissa. A final decision on the coal linkage is slated to come through next week at a meeting of the coal ministry
Asking Union environment and forests minister Jairam Ramesh to sensitise his officials on the need for adopting a more pragmatic and flexible position on
