MINISTRY OF COAL
Consultative meetings with stakeholders to discuss methodology for commercial coal mining on January 28-29
"A discussion paper containing the draft methodology and key bidding terms and conditions on the auction of coal mines for sale of coal has already been uploaded on the website of Ministry of Coal," coal ministry said adding that in this regard, "roundtable meetings for stakeholders' consultation" are scheduled on January 28 and 29, 2020.
Coal India adheres to environmental, sustainable standards: CMD
The miner's comment came after the CAG of India, in a report, said that six, ...
Commercial coal miners need to pay 70% revenue share on lower output
Blocks will be auctioned on the basis of revenue share offered to the go...
Coal stocks at power plants touch 19 days
At the closure of December 2019 total coal stock at power plants and mine mouth was 57 million tonnes. Stocks at pit heads stood at 25.3 million tonnes, ahead by 2.1 million tonnes than a year ago period. Stocks at power plants stood at 31.63 million tonnes, sufficient for 18 days’ consumption, more than twice last year’s stock.
Rural development ministry notifies defence ministry to acquire land in Tawang
Narendra Singh Tomar-led rural development ministry has notified ministry of defence the power to acquire 0.58 acres of land at Zero Point (Bumteng and Ungkhar village) in district Tawang in Arunachal Pradesh for strengthening defence operations.
Renewable-thermal power scheme unlikely to attract bidders
The advantage of the proposal is that while renewable energy is irregular, varying according to the intensity of the sun or the speed of the wind, thermal power is not. Therefore, a blended supply assures a minimum transmission of power at all times.
Shah to sign pact with banned Bodo group today
An agreement will be signed by home minister Amit Shah and Assam chief minister Sarbananda Sonowal and the four National Democratic Front of Bodoland (NDFB) factions, aimed at safeguarding the Bodo language and culture. Before providing ‘special’ political rights to Bodos, a commission is likely to be set up for talking to a few people in Assam.
Pension for senior citizens under BPL likely to go up
In the senior citizen category, pensions could go up to Rs 1,000 per month from Rs 500 now for those above 80 years of age and to Rs 500 per month from Rs 200 now for people up to 79 years. The proposed revamp of the rural development ministry’s programme will also see linking of pension rates to inflation and using the SECC data to identify beneficiaries.
Budget 2020: Macro-economic prudence vs consumer confidence
ET's Vinay Pandey and Saubhik Chakrabarti analyse India's macro-economic prudence vis-à-vis consumer confidence, ahead of the Union Budget 2...
Slow economy provided relief to domestic coal production, keeping market in balance in 2019: WoodMac
India continues to invest in renewable sources of power with a focus on affordability, security and environment. Despite the ‘must run’ status of renewable power, wind and solar projects still faced large-scale grid curtailment in 2019, owing to the ongoing financial distress of state distribution companies, asserted solar analyst Rishab Shrestha.
Health Ministry urges people to come forward and report coronavirus symptoms, sets up helpline
Govt urged those with travel history to China since Jan 1 to report themselves if they experience symptoms.
Home Ministry habitually taps phone of opposition, alleges Sanjay Raut
Sanjay Raut, Shiv Sena leader alleged that Home Ministry is habituated to do phone tapping and keep an eye on their opponents. "Phone tappin...
China bans wild animal trade until viral outbreak eases
China on Sunday ordered a temporary ban on the trade in wild animals as the country struggles to contain a deadly virus believed to have been spawned in a market that sold wild animals as food.
Adani Power drives Indian utilities' coal imports to 4-yr high
Imports rose 21% in 2019 to 69.51 million tonnes, data from the Central Electricity Authority showed. Adani's "Ultra mega" power plant in Mundra in western India accounted for a fourth of the imports, with its shipments rising 75% to 17.35 million tonnes.
BlackRock to exit Coal India by mid 2020
BlackRock, the world’s largest money manager with $7 trillion under management, will cut its equity in Coal India Ltd to zero by the middle of the year, becoming the latest in the list of 100 major banks and insurers exiting the thermal coal sector.
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