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MINING LICENCE CANCELLATIONS
Govt cancels auction of 11 critical, strategic mineral blocksThe government has cancelled the auction of 11 critical and strategic mineral blocks in the sixth round due to poor investor response and a...
Supreme Court order cancelling mining leases in Goa shows scant regard for mining economyThe SC order will bring mining activity to a halt, pending issuance of fresh leases based on auction and environmental impact studies and c...
Short-term fuel supply to power projects extended till JuneIn a fresh directive, the Coal Ministry said that supply of fuel to power plants, the blocks of which were cancelled by the Supreme Court l...
Supreme Court's verdict on coal blocks opens pandora's box of issues for coal ministryThe 10 blocks are part of 14 mines allotted to public sector power companies in July last year to cater to nearly 31,800 MW power generatio...
Supreme Court ruling on coal block allocation to hit steel, utility earnings: FitchThe SC decision also levies a fine of Rs 295 per tonne on coal produced to date from the mines affected, which could amount to Rs 7,300 cr.
Coal ministry prepares backup plan to allocate 40 operational mines to Coal India Limited and othersThe apex court on Tuesday reserved its order in the coal block allocation case after saying on August 25 that more than 200 allotments made...
Coal verdict: Should banks, investors, jobseekers & others pay the price for the state’s mistakes?Illegal allocations were by the state. Should banks, investors, workers, jobseekers and other stakeholders pay the price for the state’s mi...
No final view in CCEA meet pertaining to coal mines allocationCCEA meeting was convened in the wake of the SC observing last week that huge investment made by companies in coal blocks without getting c...
Coal Ministry to take action against 60 companies including Tata Steel, Hindalco and NTPCThe ministry will be sending notices this week to developers of 48 coal blocks, seeking an explanation for delay in development of mines.
Coal ministry to merge cases of 40 companies to save timeThe coal ministry will club legal cases of 40 companies related to cancellation of mining licences and penalties into a single case to save...
- Centre suspends environment clearance of 93 mining leases in Goa
The Union ministry of environment and forest today suspended the environment clearances of all the 93 mining leases in Goa asking the mine ...
Don't cancel coal blocks, levy high royalties instead: Swaminathan S Anklesaria AiyarThe government is under pressure to cancel the allocations. That would be politically, legally and economically wrong, says Aiyar.
- Centre amends licence rule to check illegal mining
The Centre has resorted to a multi-pronged strategy including setting up of an Inquiry Commission and asking states to make action plans to...
- Crack-down on mining: Goa to cancel 40 licenses
Chief Minister Manohar Parrikar today said in the state Legislative Assembly that all the 40 licences would be cancelled within two weeks.
Supreme Court agrees to hear 2G review pleaSC refused to entertain pleas of telecom operators affected by the verdict cancelling their permits issued under a first-come-first-served ...
Governors to use powers to cancel mining licencesWith spurt in Naxal attacks, the Centre has decided to ask governors to use special powers in tribal-dominated areas and consider cancellin...
- Coal Ministry panel may review cancellation of NTPC blocks tomorrow
A Coal Ministry panel is expected to meet tomorrow to review the decision to cancel mining licences for coal blocks allocated to various fi...
- Coal ministry to review deallocation of Jharkhand mines
The coal ministry on Thursday said it would review cancellation of coal blocks licences of Jharkhand State Electrcity Board.
- Mining lease renewal in auto mode, panel to study options
The central government plans to clip the powers of states diverting from the principle of providing automatic extension to any proposal for...
- Mineral sand mining: Kerala against licence to pvt cos
The CPI(M)-led LDF government in Kerala is against granting licence to private companies for mineral sand mining in the state, Industries M...