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Coal imports likely to decline to 160 MT in FY'17

Coal imports likely to decline to 160 MT in FY'17

Country's coal imports have declined 5 percent in the first two months of 2016-17 and the number is expected to reach 160.16 million tonnes in the ongoing fiscal, Parliament was informed on Monday.

SC panel indicts ex-CBI chief Ranjit Sinha in coal scam

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Coal India board approves buy back of 10.89 cr shares worth Rs 3,650 crore

Coal India board approves buy back of 10.89 cr shares worth Rs 3,650 crore

The Finance Ministry is pushing for buyback of shares by Central Public Sector Enterprises (CPSEs). This is being done for two purposes to generate cash for the government and help push the valuation for any divestment.

Mongolia appoints former finance minister as new PM

Mongolia`s parliament on Friday appointed a former finance minister as the new prime minister, amid near-flat growth and spiralling debt.

State power ministers' conference in Goa from today

State power ministers' conference in Goa from today

Power ministers from states across the country will meet for a two-day conference in Goa starting on Thursday to review, plan and monitor the sector.
 

India's 8 core sectors growth soars to 4-year high in April

India's 8 core sectors growth soars to 4-year high in April

India's eight core sectors growth rose by 8.5 percent in April compared to (-)0.2 percent in same month last year.

 

Coal scam: Court asks CBI to supply documents to accused

Coal scam: Court asks CBI to supply documents to accused

A special court Wednesday asked CBI to supply some deficient documents, filed along with the charge sheet, to Himachal EMTA Power Ltd (HEPL) and others who are accused in a coal scam case for allegedly misrepresenting facts to acquire a coal block in West Bengal.

Coal scam: Panel probing ex-CBI chief submits initial report in SC

Coal scam: Panel probing ex-CBI chief submits initial report in SC

Supreme Court Wednesday received an initial report of the panel appointed by it to probe the alleged scuttling of probe into the coal block allocation scam by then CBI Director Ranjit Sinha, whose meetings with accused persons have been held as "completely inappropriate".

Coal scam: SC dismisses plea against ex-CBI chief Ranjit Sinha

Coal scam: SC dismisses plea against ex-CBI chief Ranjit Sinha

The Supreme Court Wednesday refused to involve the panel, probing alleged misconduct of former CBI Director Ranjit Sinha, in the investigation of the coal scam to consider such purported charges arising against him from other cases.

Rungtas sentenced to 4-year jail term in coal scam first verdict

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CIL achieves 536 MT coal output in FY'16; misses target

CIL achieves 536 MT coal output in FY'16; misses target

State-owned Coal India has achieved an 8.5 percent growth rate in production at 536 million tonnes in 2015-16, but missed the output target of 550 million tonnes for the just-concluded financial year

Coal scam: Court to hear Hindalco's case on May 23

Coal scam: Court to hear Hindalco's case on May 23

A special court Monday fixed May 23 for hearing a coal scam case in which the Supreme Court has stayed summons against former Prime Minister Manmohan Singh, industrialist Kumar Mangalam Birla and others.

Ind-Ra maintains negative outlook on Infra for FY17

India Ratings has maintained a negative outlook for infrastructure sector for the next fiscal as it sees a high concentration of poorly performing assets.

 

CIL to provide short-term linkages to end-use plants

CIL to provide short-term linkages to end-use plants

State-owned Coal India will provide short-term linkages to the end-use plants of those central and state PSUs, both in power and non-power sector, whose coal blocks could not begin production.

Coal scam: Ex-Coal Secy H C Gupta, five others summoned as accused

Coal scam: Ex-Coal Secy H C Gupta, five others summoned as accused

Former Coal Secretary H C Gupta and five others, including two senior public servants, have been summoned as accused by a special court in a coal scam case pertaining to alleged irregularities in allocation of coal blocks in West Bengal.

Tata Power's Q3 profit slides 88% on coal inventory losses

In terms of installed power generation capacity, Tata Power is the second-largest private electricity generator after Adani Power at 10,440 MW.

Coal linkages to cement, steel sectors via auction: Cabinet

Coal linkages to cement, steel sectors via auction: Cabinet

Allocation of coal linkages for the non-regulated sector, which includes steel and cement, will be only through the auction route to ensure transparency, government said Wednesday.

Govt may allot 15 blocks to PSUs for commercial coal mining

Moving ahead with its decision to open up the coal sector for commercial mining, government has identified 15 blocks to be alloted to central and state PSUs for undertaking production and sale of the dry fuel.

Coal India January output at 52.86 MT; misses target

Coal India January output at 52.86 MT; misses target

State-run miner Coal India Monday said it acheived a production of 52.86 million tonnes coal in January, lower than the target of 56.18 MT for the month.

Coal India's supply to power sector up 7% in April-December

Coal India's supply to power sector up 7% in April-December

The supply of the fossil fuel by Coal India (CIL), which accounts for over 80 percent of the domestic production, in the April-December period last fiscal stood at 280.210 MT, according to official data.