The company plans to switch from gas to coal to fuel its 500 MW unit in Trombay

The public hearing called by the Maharashtra Pollution Control Board on Monday to discuss the environmental impact of Tata Power Company’s plan to switch from gas to coal to fuel its 500 MW unit in the Trombay Thermal Power Station was disrupted by activists of all the major political parties in the State. The officials wrapped up the hearing, claiming it was impossible to conduct the proceedings.

Meet this week to discuss proposal to increase 2013-14 wheat MSP by Rs 100

Riding high on NMDC stake sale garnering Rs 6,000 crore, the Cabinet is expected to discuss on Saturday a proposal to sell 12.5 per cent of its 92.5-per cent stake in state-run Rashtriya Chemicals and Fertilizers Ltd (RCF). Officials said the Cabinet is also expected to discuss a proposal from the agriculture ministry to raise the minimum support price (MSP) of wheat for the 2013-14 crop marketing season, which starts from

The Board for Industrial & Financial Reconstruction (BIFR) will take up hearing on the closed fertiliser plant of Fertiliser Corporation of India (FCI) on October 30.

BIFR has directed FCI to submit all audited accounts- balance sheets and profit & loss accounts along with auditor reports from the date of sickness to the present period. The board has also asked FCI’s chief executive and one of its directors fully acquainted with the closed unit’s case to be present at the time of hearing.

An empowered group of ministers (EGoM) under Finance Minister Pranab Mukherjee has cleared the proposal to free the prices of urea and bring it under the Nutrient Based Subsidy (NBS) policy. The government has decided to raise urea prices by 10 per cent in the first year of the policy, after which the industry would be free to determine the prices.

Joe C Mathew / New Delhi July 31, 2008, 5:46 IST

Indian fertiliser companies are planning to invest around $5 billion (Rs 21,000 crore) in overseas joint ventures over the next three years. These companies are in negotiations for 19 such ventures, said government officials. These joint ventures are aimed at sourcing nitrogenous, phosphatic fertilisers and other raw materials.

There is good news for the crisis-ridden fertiliser industry. The Centre would support the revival of closed units of Fertiliser Corporation of India (FCI) and Hindustan Fertiliser Corporation (HFC). The inter-ministerial group has recommended 51% equity control by the PSUs in the revival of the units, with budgetary support from the government. The balance 49% would come from other sources.