New Delhi The country’s energy import bill is on course to balloon further. The missive from the Prime Minister’s Office to Coal India (CIL) that the company must meet at least 80% of the coal requirement of power plants or get ready to pay a penalty will effectively inflate the country’s coal import bill, already growing at a scorching pace, by another $11 billion annually. High prices of imported coal will increase power tariffs although the whole plan might help reduce the country’s yawning electricity deficit.

With the Empowered Group of Ministers (EGoM), headed by Finance Minister Pranab Mukherjee, on Wednesday not approving the procedural relaxations for floating of tenders for roads and highways, the

The government has decided to fast-track the clearance of roads and highways projects in the remaining months of the current financial year.

After a directive from Prime Minister Manmohan Singh, the ministry of road transport and highways has decided to award 15 major projects, totalling 1,547 kilometres of roads, this financial year. Another 11 road projects (1,731 km) would be considered by the public-private partnership approval committee next week.

New Delhi: The government’s ambitious national urban development plan will ease up on the reform agenda for state and municipal governments.

The Planning Commission on Thursday cleared the investment proposal for modernisation of Haryana’s irrigation network.

State-owned NTPC Ltd’s capacity addition target of 66,000 mega watt for the Twelfth Plan period could take a knocking as legal hurdles hold up the placement of equipment orders for key projects sla

New Delhi Officials of the food, agriculture and finance ministries will meet the state and central ministers concerned in a bid to thrash out objections raised by the states over the proposed Food

The Planning Commission has given investment clearance for the Rs 54.43-crore project for the restoration of Dibang and Lohit rivers to their original courses at Dholla Hatiguli in Assam.

Ramesh for granting states discretion over 50% of funds for central schemes.