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| Ministry may introduce grading for solar equipments |
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The Joint Secretary (Solar) of the Ministry of New and Renewable Energy Tarun Kapur informed media persons that his ministry would introduce a grading scheme for solar rooftop equipments. On the sidelines of the conference Renergy 2013 in Tamil Nadu, he said the proposed grading scheme would be similar to the ‘star rating’ given by the Bureau of Energ...
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Solar Power, Renewable Energy, Rooftop, Equipment, ABB, Inverter, Electricity, Photovoltaic, Project, Production, Order
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| ISMA wants govt to encourage equipment industry |
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Members of the Indian Solar Manufacturer's Association (ISMA) want the government to promote local production of solar power equipments. Satyendra Kumar, Chief Technology Officer of Lanco Solar, which is a member of ISMA, said indigenous manufacturing should be encouraged by the government in the second phase of the Jawaharlal Nehru National Solar...
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Indian Solar Manufacturer's Association, ISMA, Solar, Power, Equipments, Manufacturing, Jawaharlal Nehru National Solar Mission, JNNSM
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| Infra equipment major JCB to set up plant for Rs 5 bn |
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Over the next five years, UK-based construction equipment maker JC Bamford Excavators (JCB) said it would invest Rs 500 crore in the country to set up its fourth manufacturing facility. The firm would spend Rs 500 crore on a greenfield plant near Jaipur and this is part of its strategy to ramp up its operations in India...
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Equipment, Manufacturing, JC Bamford Excavators, JCB, Investment, Plant, Production, Capacity, Capital, Expenditure, Construction
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| Environment ministry clears 18 coal projects |
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The union environment ministry cleared 18 coal mining projects of the monopoly coal miner Coal India (CIL), Minister of State for Coal Pratik Prakashbapu Patil informed the Rajya Sabha. The Ministry of Environment and Forests gave environmental clearances (EC) for 14 projects and stage-I forestry clearances (FC) for four projects of CIL soon after the meeting of Cabinet Committee on Inve...
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Cabinet Committee On Investments, CCI, Clearance, Environment, Forest, Approval, Process, Infrastructure, Coal, Mining, Blocks
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| Environment ministry clears 18 coal projects |
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The union environment ministry cleared 18 coal mining projects of the monopoly coal miner Coal India (CIL), Minister of State for Coal Pratik Prakashbapu Patil informed the Rajya Sabha. The Ministry of Environment and Forests gave environmental clearances (EC) for 14 projects and stage-I forestry clearances (FC) for four projects of CIL soon after the meeting of Cabinet Committee on Inve...
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Cabinet Committee On Investments, CCI, Clearance, Environment, Forest, Approval, Process, Infrastructure, Coal, Mining, Blocks
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| House panel proposes royalty-based payment for coal miners |
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A Parliamentary committee headed by Trinamool Congress MP Kalyan Banerjee, suggested the government to mandate coal and lignite mining firms to contribute an amount equal to royalty towards a district mineral foundation (DMF). While the new mining bill mandates miners of major minerals like iron ore and bauxite to make such a contribution, the bill mandates coal and lignite mines to pay...
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District Mineral Foundation, DMF, Coal, Lignite, Mines, Mining, Mineral, Bill, Share, Profit, Bauxite
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| Proposed coal regulator may have only adjudicating power |
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The Group of Ministers (GoM) on setting up of the proposed coal regulator decided that the regulatory body would be empowered to resolve disputes including disputes arising out of fuel supply agreements (FSAs). However, the group decided not to give the power of fixing coal price to the proposed regulator. This was decided at a recent meeting of...
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Group Of Ministers, Gom, Fuel Supply Agreements, Fsas, Coal, Price, Pooling, Regulation, Regulator, Authority
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| CIL invites EoI from merchant bankers |
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In order to pick up stake in foreign mining assets, Coal India (CIL) decided to rope in additional merchant bankers. Currently, RBS, Bank of Canada and BofA-Merrill Lynch along with its Indian arm DSP Merrill Lynch are the merchant bankers for CIL. The state-run miner invited expressions of interest from merchant bankers on possible targets, besides extending the...
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Expression Of Interest, Eoi, Coal India, CIL, Merchant Bankers, Acquisition, Coal, Asset, Foreign, Overseas, Mine, Mining
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| Several of 17 coal blocks fall in dense forests |
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Media reports indicate that several of the 17 coal blocks, that the centre intends to allocate to state-run companies, are located in some of the dense forests in the country. According to a report by the NGO Greenpeace, these 17 blocks fall in 5,200 hectare of forests with more than half being high or moderately dense...
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Coal, Block, Fuel, Allocation, Policy, Environment, Forest
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| CIL may import coal for the first time |
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In order to meet supply commitments from power sector, state-run miner Coal India (CIL) would source coal from abroad for the first time in 2013-14. CIL, which produces around 80 percent of the country's coal, has found it difficult to meet the supply commitments from power producers under the fuel supply agreements (FSA...
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Coal India, CIL, Fuel Supply Agreement, FSA, Penalty, Power, Companies, Import, Price, Pooling
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| Centre to allow 100 per cent stake sale in BOT projects |
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Infrastructure developer IVRCL is going slow on its proposal to monetise three more build, operate and transfer (BOT) projects in the light of expectations that the Union government will soon take a decision to allow 100 per cent stake sale in BOT projects. It is just a matter of procedure. The decision will come soon as everybody, including the NHAI (National Highways Authority of India), is in favour of it, IVRCL Chairman and Managing Director, E Sudhir Reddy, said....
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IVRCL, Build, Operate And Transfer, Projects, Union Government, E Sudhir Reddy
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| NHAI loses Rs 874 cr on project delays: CAG |
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The National Highways Authority of India (NHAI) has incurred a loss of around Rs 873.85 crore due to delay in completion of port road connectivity (PRC) projects. This was stated by the Comptroller and Auditor General of India (CAG) and it observed this while reviewing the operations of special purpose vehicles (SPVs) formed for implementation of PRC projects that connect major ports....
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National Highways Authority Of India, Incurred A Loss
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