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Delays and denials for forest clearances may prove to be roadblocks for 26 developers including GMR, Monnet Ispat, MB Power, SKS Power, Visa Power, Essar Power, Adhunik Power, for transmitting elec

Move to hit coal blocks of JSPL, Monnet Ispat

In a move that may spell further trouble for beleaguered coal blocks, the Union ministry of environment & forests (MoEF) has ruled out a relaxation of two years for obtaining clearance for the entire forest land within the lease area if mining lease (ML) is not executed before February 1, 2013.

The government has sent fresh notices to private companies asking them to furnish documents to verify the mining lease and green clearances or face cancellation of 61 blocks that have not started p

There were 11 companies which were not recommended by Power Ministry but selected by screening committee

The coal ministry has sought information from companies on the progress of 61 captive coal blocks allocated to them.
The blocks are being reviewed for lapses and the companies have been given three-weeks time to respond before taking a final decision on the cancellation of allocations.

The Coal Ministry today cancelled Urtan North coal block allocated jointly to Jindal Steel and Power (JSPL) and Monnet Ispat & Energy Ltd for delays in the development of reserves.

RPG Industries, Hindalco, SAIL, Jindal Steel, Monnet Ispat, GVK Power and Jaiprakash Associates among companies summoned for review

The coal ministry has threatened to cancel allocations of reserves held by six companies, including Essar Power, Rungta Mines and the state utilities of Madhya Pradesh and Jharkhand, as part of its ongoing drive against defaulting captive coal miners.

New Delhi : Slamming the decision to de-allocate their coal blocks, Jindal Steel and Power and Monnet Ispat and Energy have blamed lack of government approvals and external factors such as naxal ac

The coal ministry on Thursday decided to de-allocate 11 captive coal blocks including three mines of Jindal Steel and Power, besides forfeiting the bank guarantees of six firms and asking five to e

Intensifying its drive against firms sitting idle on mines, the Inter-Ministerial Group (IMG) on coal blocks has recommended deallocation of 11 blocks given to companies like JSPL and Monnet Ispat

New Delhi : In a ruling that will give some relief to Monnet Ispat and Energy, the Supreme Court on Thursday held that it is the Delhi High Court, not the NGT, which is competent to hear the plea a