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COAL ASSET DISPUTE
- Tata Power loses challenge to $490 million arbitration awardTata Power's challenge to a $490 million arbitration award was rejected by Singapore's court. The court upheld damages awarded to Kleros Ca...
Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habitIndia's government will fund offshore oil and gas exploration directly from its national budget. The "Samudra Manthan" scheme allocates sig...- West Bengal FY27 Budget: SBI report hints shift to investment-led growth and economic transformationWest Bengal's FY27 budget signals a strong pivot towards investment-led growth, emphasizing industrialization and long-term economic transf...
- SBI Research sees Bengal budget tone most optimistic in 17 yearsWest Bengal's new budget signals a significant policy shift, moving from welfare to investment and industrial growth, according to SBI Rese...
- Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sourcesDalmia Bharat is set to acquire Jaiprakash Associates' cement assets for over Rs 2,500 crore. This follows Adani Group's acquisition of Jai...
- NCLT orders insolvency proceedings against Bhilai Jaypee CementThe National Company Law Tribunal has taken decisive action by commencing insolvency proceedings against Bhilai Jaypee Cement, due to a def...
- Alberta secretly settles billion-dollar lawsuits as coal giants cash out over government betrayalTwo coal firms, Evolve Power and Atrum Coal, settled with Alberta over mining policy changes. They sued after the province reversed course ...
- Indian steel titan JSW Steel’s coal deal frozen amid Mozambique legal rowJSW Steel's acquisition of a coal concession in Mozambique is stalled by legal disputes after the government's revocation of MdR's mining l...
- India to get coking coal from Mongolia on trial basis in JulyIndia is set to trial coking coal imports from Mongolia later this month, aiming to reduce its reliance on Australian supplies. Major steel...
- CFM ARC invokes corporate guarantee issued by Reliance Power for Vidarbha Industries PowerReliance Power has disputed the amount claimed by CFM and added that the value of assets is sufficient to recover the money. Last month, CF...
- Governments risk 'trillions' in fossil fuel climate litigationEnergy experts predict that more ambitious climate action from world leaders will significantly increase companies' use of a tribunal mecha...
- Panel meeting to take up key power reformsThe companies have also sought a tripartite agreement between discoms, banks and themselves to mitigate payment risk, akin to the one for p...
- Power Min, RBI meet on NPA norms postponed"It (the meeting) has been postponed. (The meeting will take place) some other day," Power Minister R K Singh told reporters on the sidelin...
- Coal India sees dip in dues from power companies"Total outstanding is about Rs 18,000 crore and we have around Rs 1,800 crore of disputed outstanding," Chairman Sutirtha Bhattacharya said...
- Government plans to douse century-old fire to extract coal worth Rs 60,000 crorePower, coal and renewable energy minister Piyush Goyal last week met Damodar Valley Corporation chairman AWK Langstieh.
- Budget 2014 may focus on tax reforms, lower subsidies: BarclaysNarendra Modi government is expected to propose a pro-growth budget focused on tax reforms, lower subsidies and asset sales, global financi...
- Banks stop lending to consumers that show captive coal blocks as assets, await SC verdictIndustry sources said banks are not sanctioning new loans or disbursing funds to existing corporate consumers that show captive coal blocks...
- Bilateral investment pacts: How MNCs sue governments to secure their investmentsSome aggrieved foreign investors have threatened to invoke bilateral investment promotion and protection agreements (BIPAs) their home coun...
- GVK, JSW unit may submit fresh bids for Hancock's coal assetsJSW Energy and GVK Power and Infrastructure will have to submit fresh bids for acquiring two coal assets put on the block by Hancock Coal a...
- Hancock Coal wants joint bid for two assets; asks JSW Energy & GVKPIL for renewed bidsThe company has now asked for renewed bids from JSW Energy & GVK Power & Infrastructure (GVKPIL) according to three independent sources. Th...
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