Tokisud North mine, having geological reserves of 103.24 million tonnes (MT) and extractable reserves of 51.97 MT, was bagged by Essar Powe...

The first unit of 600 mw of Mahan began operations in April 2013 but was suspended due to non- availability of coal after the SC in Septemb...

The move is aimed at giving the company time to obtain the required clearances and save the lease from cancellation.

Essar Power had paid the first installment in time but defaulted on the second and third installments, the official said.

The company has agreed to pay the final upfront payment of Rs 17.58 crore for the block it had won in an aggressive bidding along with a pe...

Essar Power, like all other power companies that won coal mines, had agreed to forego mining costs and instead pay the state government pre...

The ministry is also considering stern action against the company, including disqualifying it from Coal India supplies, a senior government...

The coal ministry is likely to scrap allotment of the mine to the company, citing default in payment of Rs 17.58 crore instalment that was ...

The Tokisud coal block belonged to GVK Power before the Supreme Court cancelled its permit, along with those of several other companies.

Mahan's Unit-I began commercial operations in April 2013 but had to suspend operations because of non-availability of coal.

Reddy has more than 32 years of experience in the power industry and has been involved in executing all the power projects of Essar.

Essar Power is likely to begin the production at its Jharkhand coal mine early next year.

Essar will start mining in Tokisud coal block in Jharkhand to restart its Mahaan power plant, which has been lying idle due to lack of fuel.

The Essar group company's Rs 1,110-per-tonne bid, the highest by a power company, helped it win the coal block in the recent government auc...

States, including Chhattisgarh, Jharkhand and West Bengal, are set to get nearly Rs 60,000 crore from 11 coal blocks sold in the ongoing au...

The list of bidders for these 23 coal blocks on offer in the first tranche of the ongoing auction is believed to include Jindal Steel and P...

The Coal Ministry has rejected the Power Ministry's request to grant linkages for GVK Power's 540 MW plant in Punjab saying that state-owne...