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...

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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...

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