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SURPLUS COAL DECISION
Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
- Why are oil prices down today while gas rates are witnessing a rise? Oil and natural gas markets move in opposite directions. Here's Brent, US WTI crude, Waha Hub pricesWhy are oil prices down today while gas rates are witnessing a rise? Oil prices fell after Iran proposed new talks with the United States t...
- India’s power market entering a storage-led transformation phase: Apoorva BahadurIndia's electricity system faces a critical juncture as soaring summer demand outstrips generation flexibility. While renewables meet dayti...
- Government cancels coal block linked to Reliance Power’s Sasan UMPPThe govt has decided to cancel a coal block attached to the Sasan ultra mega power project of the Anil Ambani group in line with the SC’s d...
- Policy on disposal of surplus coal kept in abeyance: GovernmentThe policy on disposal of surplus coal from captive coal mines has been kept in abeyance for further inter-ministerial consultations.
- Incentivise surplus coal output: Power ministryThe Law Ministry is of the view that the proposed policy is not in consonance with the decision of the Empowered Group of Ministers (EGoM) ...
- Incentivise surplus coal production: PowerMin to CoalMin"Ministry of Power desires that the production of surplus coal may be incentivised," a Coal Ministry source said.
- Govt likely to discuss Sasan project excess coal usage tomorrowR-Power bagged the 3,960 MW Sasan UMPP in 2007 through competitive bidding. It was alloted Moher, Moher-Almohri and Chhatrasal captive coal...
- Reliance Power denies any financial benefit for surplus coal usageThe tariffs of the Sasan and Chitrangi power project would be similar if compared on a like-to-like basis said JP Chalasani, CEO of Relianc...
- CAG calculations on undue benefit erroneous: Reliance PowerReliance Power today termed calculations made by the CAG as "erroneous" and said the company did not reap any undue benefits.
- Reliance Power asks CAG to drop audit note on 'undue benefits'The EGoM had also decided that the use of coal in another UMPP at Tilaiya would be governed by a comprehensive policy.
- Reliance Power seeks removal of Sasan reference from CAG draft reportReliance Power has requested CAG to remove from its draft report the observations about utilisation of excess coal from Sasan and Tilaiya p...
- Power firms to be allowed to retain excess coal in allotted mines: OfficialExcess coal from blocks allotted to power companies should stay with them rather than being given to Coal India (CIL), a official said.
- EGoM supports surplus coal for Reliance PowerA panel of ministers has endorsed the government's move to allow Anil Ambani-owned Reliance Power to use surplus coal from the mines attach...
- EGoM decides against reviewing decision on Sasan excess coalA high level inter-ministerial panel decided not to review the earlier decision allowing Reliance Power to use excess coal from the Sasan U...
- Anil Ambani's Reliance Power asks government not to review surplus coal decisionReliance group has urged the government not to review the decision to allow the use of surplus coal from mines attached to its Sasan projec...
- UMPPs allowed to use surplus coal for other power projectsThe move will substantially boost coal capacity and speed up power projects stuck due of lack of fuel linkages.
- Power projects will get to share captive coalThe government has relaxed captive coal mining norms to allow power companies to divert surplus coal from one of their projects to another.
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