Daily Archive: July 6, 2016

Commitment to promote green energy

Brazil, Russia, India, China and South Africa (BRICS) have resolved to promote green energy and maximise energy efficiency by co-operating with one nother and adopting best practices and technology transfer. The resolution was made...

ICVL plans power plant in Mozambique

KOLKATA: International Coal Ventures Limited (ICVL), the consortium of state-run companies, which acquired mines in Mozambique from BritishAustralian metals and mining firm Rio Tinto in 2014, is planning to step up its engagement in...

Power cost may drop after coal import probe

Mumbai: A probe into the Rs 29,000-crore coal import scam, where the value of coal from Indonesia for power plants was allegedly inflated by companies, seems set to lower electricity tariff in several states,...

Odisha asks Centre to revise coal royalty sans delay

Bhubaneswar | Jul 5: Batting for the coal bearing states, Odisha government today asked the Centre to revise the coal royalty without further delay besides share in the Clean Environment Cess. “You would appriciate...

Coal India board to discuss share buyback

KOLKATA: The board of directors of Coal India will consider a proposal to buy back its shares at a meeting scheduled on July 11. CIL is likely to place a proposal to buy back...