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Country’s coal demand will go up to 1,000 million tonne by the end of the 12th Five-Year Plan (2012-17), necessitating about 200 million tonnes of imports to bridge the shortfall in domestic output, a senior Planning ...
The Planning Commission has estimated the country’s coal demand to go up to 1,000 million tonne (MT) by the end of the 12th Plan period (2012-2017), necessitating over 200 MT imports. “The domestic output is unlikely to ...
Efforts to finalise a US $2 billion-plus bid by GVK Power & Infrastructure for two Australian coal mines owned by Hancock Prospecting have been delayed due to differences over valuation, sources familiar with the situation said. GVK ...
The country’s domestic coal production target could not be achieved in 2010-11 mainly on account of environment ministry not allowing the expansion of projects falling in areas categorised as critically polluted under CEPI, Parliament was informed. Comprehensive ...
State-run NTPC has said that lack of “politico-administrative” support to tackle commercial losses and poor health of government utilities are among the main reasons for low FDI inflows into the Indian power sector. Cumulatively, the sector has ...
GMR Infrastructure said  that its unit GMR Energy Ltd has entered into a pact to acquire a 30per cent stake in Indonesia’s PT Golden Energy Mines Tbk or GEMS, for Rs 2,000 – 2,500 crore in ...
Decisions on over 100 proposals for coal linkages from industries like power and sponge iron in the first seven months of the current year are still pending, Parliament was informed today. Of the 117 applications received in ...
Diversified company Somani Group today said it had set up a joint venture firm with Russian metals to mining major Mechel OAO to cater to the growing demand of coal in the country. The JV, Mechel ...
Hyderabad based GMR Group and state-run utility NTPC Limited have both pulled out of the race to acquire the Australia-based Bandanna Energy’s coal mines, officials at both companies confirmed Tuesday and Wednesday. GMR declined to give details, ...
A meeting convened by Prime Minister Manmohan Singh on July 27 to resolve the inter-ministerial differences relating to environment clearances for coal and power projects has been postponed. No official reasons were given for calling off ...