Coal Ministry to submit its report on ongoing coal block allocation issues by September 15…

The Coal Ministry is on track to meet the deadline of September 15 for deciding on the 29 coal blocks allotted to private firms whose review has been undertaken by an Inter-Ministerial Group (IMG).   Controller and Auditor General (CAG) has estimated that around Rs. 1.86 Crore undue benefits have been received by the private firms...

Read More...

Revamped duty structure for imported power equipment…

Power India found that the Finance Ministry has recently notified a revamped duty structure prescribing an effective duty of over 22 per cent, including education cess.   However, as proposed by the MoF, the new duty is not going to be imposed on Ultra Mega Power Projects (UMPPs) and Mega Power Projects and expansion of existing...

Read More...

Steps being initiated by GoI for the power sector…

Power India found that, Government of India (GoI) is considering to initiate several attempts in order to bridge the demand and supply gap of power sector. Close monitoring of capacity addition for the under construction projects Thrust on import of coal by utilities Development of ultra mega power projects Strengthening...

Read More...