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NEW DELHI: Questions raised over its viability and security will delay the capacity addition of nuclear power generation, making it difficult to achieve the targetted 20,000 MW by 2020, says a Planning Commission Member. “The pace at which we are progressing I will be surprised if we reach 20,000...
NEW DELHI: A move that would benefit mineral-rich states significantly, the Cabinet Committee on Economic Affairs (CCEA) is likely to consider tomorrow a new royalty regime for coal and lignite. Royalty for coal and lignite has been proposed to be shifted to an ad-valorem rate of 14 per cent...
KOLKATA: Coal India plans to raise prices of some grades of coal after a review at the end of this month but the increase would not be steep, top company executives told ET. “The CIL management is likely to finalise the issue of fuel supply agreements (FSAs) in the...
NEW DELHI: S Narsing Rao, CMD designate of Coal India Ltd (CIL) will attend as special invitee the company’s board meeting which has been called on April 16 to consider the model agreement with power producers for assured fuel supply as per the government directive. “Rao has been asked...
NEW DELHI: The government is likely to approve state-run Neyveli Lignite Corporation’s proposed joint venture to set up a Rs 10,000 crore thermal power project in Uttar Pradesh. The Cabinet may consider granting approval to Neyveli Lignite Corporation for formation of a joint venture to set up a 1980...
NEW DELHI: British hedge fund TCI, a minority shareholder in Coal India (CIL), today alleged that directing the coal PSU to sign fuel-supply pacts with power producers would amount to “direct transfer” of $19 billion to the private sector. In a presentation made to Coal India board which is...
MUMBAI: The Children’s Investment Fund (TCI), the largest minority shareholder in Coal India Ltd (CIL), has rubbished the government’s argument that it was acting in public interest while directing the state-controlled miner to sign fuel supply agreements (FSAs) at throwaway prices. The London-based hedge fund also called for the...
After remaining grounded for more than a month, the Mirage 2000 aircraft fleet of the Indian Air Force (IAF) is expected to resume flying operations by the end of this month, Air chief Marshal N A K Browne said here today. India’s fleet of the frontline Mirage 2000 fighter...
China’s military might now clearly dominates India’s defence policy, which has raised concern over Beijing making inroads into our immediate neighbourhood. Noting that China has upgraded it’s military force projection against India through rapid modernisation, the Defence Ministry on Monday said the country was ‘conscious and watchful’ of Beijing’s...
KOCHI: Defence minister A K Antony said on Wednesday that allegations raised by Mysura Reddy, a former TDP member in Rajya Sabha, against the purchase of medium multi-role combat aircraft from French firm Rafale are being looked into. A final decision will be taken only after the probe is...