The country’s industrial output declined by 16.7 per cent in March, on account of poor show by mining, manufacturing and electricity sectors mainly due to the nationwide lockdown, government data showed on Tuesday. The government had imposed lockdown to contain COVID-19 from March 25. The Index of Industrial Production (IIP) had grown by 2.7 per […]
Category: Coal
Adani denies wrongdoing in coal supply contract
Adani Enterprises today said it has not done anything wrong in supply of the dry-fuel amid reports that the CBI registered a case against the company for alleged coal supply contract irregularities. In its FIR filed last week after a detailed preliminary enquiry in the matter, the Central Bureau of Investigation booked Adani Enterprises Ltd, […]
Govt opens up coal mining
In a bid to attract investments and boost domestic coal production, the government today approved promulgation of an ordinance to open up coal mining in the country to non-coal companies while removing restrictions on end-use of the fuel. The Union Cabinet headed by Prime Minister Narendra Modi also gave its nod for concluding auction of […]
Cut in coal supply costs state Rs 600 cr per year
The Punjab government is suffering a loss of Rs 600 crore each year on account of the Union government’s policy of cutting down on the coal allocation to the state. This is forcing the state to buy expensive imported coal, cost of which is running the state power utility dry. Realising how the cash-strapped state […]
Fresh trouble hits Adani’s Aussie project
Australia’s Queensland government has rejected a plan of Adani to protect the endangered black-throated finch bird population, saying the proposals do not meet the approval conditions for the proposed billion dollar mine project. It will further delay the Carmichael coal mine project of Adani Australia indefinitely, media reports said today. — PTI