User: venkatkanchi Topic: Energy
Category: Conventional :: Coal
Last updated: Nov 27 2014 03:20 IST RSS 2.0
 
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Sensex down 33 pts as stocks face resistance at higher levels 26.11.2014 Sify Finance
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Sensex up marginally amid cautious trades 26.11.2014 Sify Finance
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Coal block cancellations cost banks Rs 96,484 crore 26.11.2014 Asian Age: Business
Jayant Sinha The government informed Parliament on Tuesday th-at public sector banks may take a hit of `96,484 crore due to cancellation of coal blocks to power projects. “The impact of cancellation of coal block allotment on public sector banks due to likely stoppage of production of power plants is estimated at Rs 96,484 crore,” minister of state for finance Jayant Sinha said in a written reply to a question in the Rajya Sabha. The Supreme Court had in September cancelled allocation of 204 coal mines since 1993 to power plants and other user industries after finding their allotment irregular. “As per the information collected from public sector banks, the exposure of all PSBs to the power sector is Rs 5,82,469 crore,” Mr Sinha said. In an another statement the minister said that the SIT, probing black money, will submit its second report to the Supreme Court by month end. “The SIT has submitted its first report to the Supreme Court on August 13, 2014, and is likely to submit its second report on ...
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CTL Cancellation, A Major Setback to Industry March 26.11.2014 newindianexpress.com
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Coal block cancellations cost banks Rs 96,484 crore 26.11.2014 Asian Age: Business
Jayant Sinha The government informed Parliament on Tuesday th-at public sector banks may take a hit of `96,484 crore due to cancellation of coal blocks to power projects. “The impact of cancellation of coal block allotment on public sector banks due to likely stoppage of production of power plants is estimated at Rs 96,484 crore,” minister of state for finance Jayant Sinha said in a written reply to a question in the Rajya Sabha. The Supreme Court had in September cancelled allocation of 204 coal mines since 1993 to power plants and other user industries after finding their allotment irregular. “As per the information collected from public sector banks, the exposure of all PSBs to the power sector is Rs 5,82,469 crore,” Mr Sinha said. In an another statement the minister said that the SIT, probing black money, will submit its second report to the Supreme Court by month end. “The SIT has submitted its first report to the Supreme Court on August 13, 2014, and is likely to submit its second report on ...
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Relief for Tata Power, Adani Power as fuel costs decline by 10% from a year ago 26.11.2014 ET: Power
A drop in global coal prices has brought relief to Indian power producers that bank on fuel imports and increased the possibility of a respite from higher tariffs.
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CM Devendra Fadnavis lists steps for relief 26.11.2014 Asian Age: Mumbai
Chief minister Devendra Fadnavis on Tuesday said that 29,000 villages in the state were reeling under drought conditions. He said that the Centre had accepted the proposal of the state government to scrap the existing system of crop loss survey to provide more relief to the aggrieved farmers. While speaking on ‘Vision Maharashtra’, Mr Fadnavis said, “29,000 villages of the state are reeling under drought. Of them, 25,000 villages are facing acute water scarcity. In an attempt to provide more relief to the affected farmers, the Central government has accepted our proposal to scrap the existing system of crop loss survey.” Talking about the initiatives taken, he said that the government had decided to set up 3,000 small weather forecast units across the state that would be monitored by remote sensing system. “This will enable the government to assess the crop damage without any flaws,” the chief minister said. To increase agricultural produce, he said that the government would provide moisture security to ...
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Coal Block Cancellation May Cost Banks Rs 96k cr 26.11.2014 newindianexpress.com
Banks had extended Rs 5,82,469 cr credit to power sector, RS informed
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Hesitant reforms 25.11.2014 Telegraph: Opinion
Narendra Modi as prime minister has had an outstanding record overseas. He has impressed the leaders of most Asian countries
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Jharkhand can become number one state, says PM Modi 25.11.2014 New Kerala: India News
Chaibasa, Nov. 25 : Urging the people of Jharkhand to give the Bharatiya Janata Party (BJP) an absolute majority in the assembly elections, Prime Minister Narendra Modi on Tuesday said the state has potential to become the number one and drive the nation's progress forward.
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US trade rep Froman steers clear of commitment on visas, social security 25.11.2014 HBL: Home
India wants US to drop controversial provisions in Immigration Bill
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Essel Mining issues NCDs to refinance high-cost debt 25.11.2014 HBL: Home
Renewable energy projects started in Maharashtra, Rajasthan
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Bevcon Wayors to make conveyor roller components at Sri City 25.11.2014 HBL: Home
Promise of assured power helped bag the deal
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US-China climate deal: a lot of hot air 25.11.2014 HBL: Home
The agreement between the world’s top two polluters is cosmetic. India need not follow suit
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CCI-PMG meet to vet large industrial projects in Odisha today 25.11.2014 Latest News
The Project Monitoring Group (PMG) of the Cabinet Committee on Infrastructure (CCI) will today jointly take stock of large industrial projects in Odisha with top officials of the state government.Projects in sectors like steel, railways, coal mining ...
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PSBs may take hit of Rs 96K crore due to coal block cancellation 25.11.2014 deccanherald.com
Public sector banks may take a hit of Rs 96,484 crore due to cancellation of coal blocks to power projects, Minister of State for Finance Jayant Sinha said today. The Supreme Court had in September cancelled allocation of 204 coal mines since 1993 to power plants and other user industries after finding their allotment irregular. Banks have extended credit to power plants built based on coal supply from some of the mines cancelled by the apex court. "The impact of cancellation of coal block allotment on public sector banks due to likely stoppage of production of power plants is estimated at Rs 96,484 crore," Sinha said in a written reply to a question in the Rajya Sabha. He, however, did not say if all the Rs 96,484 crore loan by banks to the projects may turn into bad debt if mining is stopped. The Supreme Court had allowed companies to continue mining till March 31 in blocks where coal production had already started. "As per the information collected from public sector banks, the exposure of all PSBs to ...
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Air pollution costs Britain £10bn a year, report shows 25.11.2014 Guardian: Environment

Britain is third highest contributor to air pollution that costs Europe up to £149bn a year, says EU agency report

Britain has 10 of Europe’s top 50 “super-polluting” power stations and factories, helping to cost it more in health and environmental impacts than any other countries, except for Germany and Poland.

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Coal block cancellation: Public sector banks may lose 96,000 crore 25.11.2014 Hindu: Industry
Public sector banks may take a hit of Rs 96,484 crore due to cancellation of coal blocks to power projects, Minister of State for Finance Jayant Sinha said on Tuesday. The Supreme Court had...
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Sumitomo to set up a 4000 mw ultra super critical power plant in AP 25.11.2014 All Companies Stories
Andhra Pradesh government is signing four MoUs with Japanese global business giant Sumitomo Corporation on Thursday and one of them corresponds to the setting up of a 4,000 mw ultra super critical power project as a joint venture project in ...
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PSBs may take hit of Rs 96k cr due to coal block cancellation 25.11.2014 All Finance Stories
Jayant Sinha however, did not say if all the loan by banks to the projects may turn into bad debt if mining is stopped
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