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Ranchi, July 25: Jharkhand High Court today issued notices to Monnet Ispat, Punjab State Power Corporation and Damodar Valley Corporation for polluting River Damodar.

In a move that would impact Adani Mining, Moser Baer, Vedanta, Monnet Ispat and the Jaypee Group among others, the government is set to consider a proposal to put restrictions on public-private joi

JSPL, Tata Power, Monnet Power, Jindal Photo in the dock

The Ministry of Coal (MoC) has issued showcause notices to two more coal blocks in Odisha over delay in developing the mines, continuing its crackdown on non-serious allocatees.

R-Power, Essar could be hit as state mulls benefit-sharing levy for ecology loss

In yet another case of a state government asserting its right on natural resources, Madhya Pradesh is set to issue notices imposing a new environmental benefit-sharing levy on mining companies operating in the state. This could spell more trouble for captive coal mine operators, already grappling with issues of green clearances.

On the day when Central Bureau of Investigation (CBI) registered two new FIRs in the Coalgate scam, the Coal Ministry on Tuesday slapped show cause notices on 12 firms including state-owned NTPC, S

As per the information given by the minister of state for coal, Pratik Prakash Bapu Patil in a written reply in Rajya Sabha on Monday, the coal blocks located in Madhya Pradesh allocated to private companies during the last five years.

They include Mideast Intergrated Steels, Birla Corporation, Kamal Sponge Steel & Power, Revati Cement, Jindal Steel & Power and Monnet Ispat & Energy.
He said that the government of Madhya Pradesh had recommended 14 companies for seven coal blocks located in the state during the said period.

The company had signed an MoU with the state govt in Sep 2006, it envisaged an investment of Rs 4,500 cr

Monnet Power Company Ltd, a wholly owned subsidiary of Monnet Ispat & Energy Ltd, hopes to commission the first 525 Mw unit of its 1050 Mw coal-based power plant in Odisha by September this year. The power project is coming up at Chhendipada near Angul.

The Supreme Court Thursday questioned the Centre's "authority" and the "very foundation" of its policy to allocate coal blocks, pointing out that its power to allot the mineral prima facie lacked legal sanction and was also "doubtful" in view of the current legal regime.

Putting the Centre in a tight spot for the second time in a week, a bench led by Justice R M Lodha underlined that the Mines and Minerals (Regulation and Development) Act did not give any authorisation to the government to decide who should be allocated coal blocks in the states.

Bhubaneswar: The Comptroller & Auditor General of India(CAG) has detected large-scale irregularities in allotment of land and houses by the Orissa government and estimates a scam of about R4,000 crore.

While sending a draft report to the Orissa government, a copy of which is available with FE, the CAG has suggested that the land and houses allotted to various individuals and organisations is in violation of the laws and policies and be cancelled immediately.

The Cabinet Committee on Economic Affairs (CCEA), on Thursday, approved the award of oil and gas blocks to two consortiums led by GAIL India and Deep Energy, respectively.However, the CCEA, headed