Hindalco’s Mahan coal block, along with some blocks of Tata Steel, Jindal Steel and Power and Reliance Power could be cancelled by an inter-ministerial group, which will meet on Friday. The cancellations would figure as part of the list of 61 blocks that were allocated to companies between 2005 and 2008.

Significantly, the cancellation for Mahan, if it happens, would be after it has got a go-ahead from the ministry of environment and forests recently. Aditya Birla Group company Hindalco and Ruia’s Essar have plans to develop the block jointly.

SC judges suspected a lack of objective criteria in the selection

In the ongoing hearing on Thursday before the Supreme Court in the coal block allocation controversy, the government presented information sought by the judges on Wednesday about companies selected and rejected by the screening committee.

Could dent utility earnings, ease rates for consumers, say analysts; incentives sought to be linked to plant load factor

The Central Electricity Regulatory Commission (CERC) has announced a set of proposals for new five-year rate guidelines. If implemented, experts say, these could dent the earnings of power utilities but reduce consumer rates.

Taking up the implementation of its new solar policy, UP government issued a letter of intent to seven companies for setting up solar power plants with a total installed capacity of 130 Mw on Thurs

If everything goes well according to the plan conceptualised by the Punjab government, top solar power developers namely Lanco Solar Energy, Punj Lloyd Infrastructure, Moser Baer Clean Energy, Esse

After rolling out red carpet for investments, the state govt plans to back out of high tariffs contracted for nearly 1,000 MW of solar plants

Local producers have alleged dumping of cheap solar equipment from US, China, Malaysia and Taiwan

India might impose anti-dumping duty on four major importers of solar cells and modules in the country after listening to the grievances of domestic manufacturers.

Earlier CCEA nod on imported coal price to help hasten decision on these and 6 others

The recent Cabinet decision on coal cost pass-through should enable quick clearance of at least half the 18 power projects to be considered on Wednesday by a sub-group of the Cabinet Committee on Investment (CCI).

Govt went against its own recommendation of June 20, 2007, where along with the 2 Jindal firms, it wanted 40% coal block to go to Lanco

Company issues LoI to Lanco for 600 Mw lignite-based power project at Mangrol

State-run Gujarat Industries Power Company Ltd (GIPCL) has issued letter of intent to Lanco Infratech Ltd for implementing a 600 Mw lignite-based power project at Mangrol near Surat on engineering, procurement construction (EPC) basis. The company has envisaged an investment of Rs 4200 crore for the project, informed senior company official.