Department of Disinvestment discussions with SEBI on Neyveli Lignite Corporation stake
Department of Disinvestment asks the Government of Tamil Nadu to Nominate Senior Official for further discussions with SEBI with regard to its proposal to buy stake in Neyveli Lignite Corporation (NlC) through its State Undertakings Department of Disinvestment, Ministry of Finance, Government of India has requested the Government of Tamil Nadu to nominate senior official… Read More
Tags: Coal Ministry, Government of India, ministry of finance, Neyveli Lignite Corporation, SEBI, Securities and Exchange Board of India, Tamil Nadu, Tamil Nadu Government
Disinvestment of 5 percent paid up equity in Neyveli Lignite Corporation Ltd.
The Cabinet Committee on Economic Affairs today approved the disinvestment of 5 percent equity of Neyveli Lignite Corporation (NLC), out of its holding of 93.56 percent through an Offer For Sale (OFS) in the domestic market according to Securities and Exchange Board of India (SEBI) rules and regulations. The authorized capital of NLC is Rs. 2,000… Read More
Tags: Coal Ministry, India, Navratna, Neyveli Lignite Corporation, NLC, Public sector, Securities and Exchange Board of India, Tamil Nadu
CCEA approves mechanism for coal supply to power producers
The Cabinet Committee on Economic Affairs (CCEA) today approved the following mechanism for supply of coal to power producers: (i) Coal India Ltd. (CIL) to sign Fuel Supply Agreements (FSA) for a total capacity of 78000 MW including cases of tapering linkage, which are likely to be commissioned by 31.03.2015. Actual coal supplies would however… Read More
Tags: CCEA, CIL, Coal India Limited, Coal Ministry, Council for the Curriculum Examinations & Assessment, India, Ministry of Power, Thermal power station
Clearance to Coal Mining Projects to be Expedited
The Government has been addressing the impediments coming in the way of taking up of coal mining projects by the coal companies. A regular interaction between Ministry of Coal (MoC) and Ministry of Environment and Forests (MoEF) is taking place to address the pending issues concerning Environmental Clearances (EC) and Forestry Clearances (FC). Similarly regular… Read More
Tags: cci, Coal, Coal India Limited, Coal Ministry, Corpus Inscriptionum Latinarum, Ministry of Environment & Forests, Ministry of Railways, Rajya Sabha
Committee to Devise A PPP Policy with CIL Setup
The Union Government has envisaged that one of the ways forward to reduce the dependence on imports is to devise a Public Private Partnership (PPP) policy framework with CIL as one of the partners in order to increase the production of coal for supply to power producers and other consumers. Accordingly the Ministry of Coal… Read More
Tags: Coal India, Coal India Limited, Coal Ministry, Corpus Inscriptionum Latinarum, Government, MDO, Ministry of Railways, Pratik Prakashbapu Patil
CCI is Monitoring Critical and High Investment projects
The Cabinet Committee on Investment today reviewed the status of twenty projects with investment of Rs.1000 crore or more which were pending for different types of approvals and clearances with a view to expediting decisions on approvals and clearances. The projects were identified in transmission, hydro and thermal sector where various clearances are pending mostly… Read More
Tags: Cabinet Committee, Cabinet Secretariat, cci, Coal Ministry, Highland Clearances, Investment, Ministry of Environment & Forests, Power Ministry
Coal Beneficiation – Task Force Report to be submitted soon
A task force constituted by the Ministry of Coal to work out the policy issues of coal beneficiation is likely to submit its findings shortly. This was announced by Minister of Coal , Shri Sriprakash Jaiswal. He was addressing the inaugural session of the International Conference & Expo on Coal Beneficiation being organised by the… Read More
Tags: Coal, Coal India, Coal India Limited, Coal mining, Coal Minister, Coal Ministry, India
Cabinet Committee Decisions taken on Investment since 30th January 2013
The Cabinet in its meeting held on 13.12.2012 approved the proposal of D/o Economic Affairs for constituting a new Cabinet committee on Investment. Accordingly, the Cabinet Committee on Investment was constituted by the Cabinet Secretariat letter no 1/11/3/2012-Cab dated 02.01.2013. The functions of the Committee are as under: (i) to identify key projects required to… Read More
Tags: Cabinet Secretariat, cci, Coal, Coal mining, Coal Ministry, Committee, Ministry of Environment & Forests, Power Ministry
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