Tag «coal companies»

Guiding coal companies to meet the dual challenge of net zero and a just transition – By Noora Puro, Manager – GRI Sector Program

As the build-up continues to the pandemic-delayed UN Climate Change Conference (COP26), all eyes – and hopefully all agendas – are on how to reach net-zero carbon emissions. And as the International Energy Agency (IEA) made clear in its recent Net Zero by 2050 report, this aim will fall short without a radical decrease this …

Show Cause Notice to 8 Coal Companies

The Government has allocated 218 coal blocks to various public and private sector companies in pursuance of Section 3 of the Coal Mines ( Nationalisation) Act, 1973. Out of the allocated blocks, 42 coal blocks have been de-allocated so far. Out of the 42 de-allocated blocks, 2 blocks have been allocated again. The coal blocks …

Cruel Coal – Deduction of bank guarantees of coal companies

In pursuance of the announcement of the Finance Minister in the budget speech for the year 2012-13, an Inter-Ministerial Group (IMG) headed by Additional Secretary, Ministry of Coal has been constituted on 21.06.2012 to undertake periodic review of the development of coal / lignite blocks allotted by the Government. The terms of reference (TOR) of …