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INDIA MOOTS MORE COAL BLOCKS, TAX HELP FOR MEGA POWER PROJECTS.
NEW DELHI, March 1 Asia Pulse - Recognising power shortage could be a major impediment to growth, the government on Tuesday proposed providing tax benefits for ultra mega power projects and allotting coal blocks with 20 billion tonne reserves for the sector.
Presenting the Union Budget for 2006-07, Finance Minister P chidambaram announced a slew of measures including constituion of an empowered committee of state chief ministers and power ministers for speeding up power sector reforms.
Power generation in 2005-06 has so far shown a modest growth of 4.7 per cent due to shortage of fuel, mainly LNG and coal, Chidambaram said, adding "the ...
- More coal blocks; tax benefits for ultra mega power projects.
- News wire article from: PTI - The Press Trust of India Ltd. February 28, 2006 700+ words
More coal blocks; tax benefits for ultra mega power projects New Delhi, Feb 28 (PTI) Recognising power shortage...tax benefits for ultra mega power projects and allotting coal blocks with 20 billion tonne reserves for the sector. Presenting...
- Coal Min likely to allocate 23 coal blocks next month.
- News wire article from: PTI - The Press Trust of India Ltd. November 13, 2007 700+ words
...to consider allocation of 23 coal blocks for the coal and cement sectors...the government allocated 15 coal blocks for power projects, including the proposed captive...Orissa and Jharkhand. Captive coal blocks have also been allocated to...
- Govt clears 15 captive coal blocks.
- News wire article from: PTI - The Press Trust of India Ltd. October 24, 2007 700+ words
Govt clears 15 captive coal blocks New Delhi, Oct 24 (PTI...the allocation of 15 captive coal blocks for power projects, including the proposed captive...Orissa and Jharkhand. Captive coal blocks have also been allocated to...
- Jharkhand power plants in limbo over coal blocks.
- Newspaper article from: Economic Times (New Delhi, India) August 2, 2007 700+ words
...priority on allocation of coal blocks be accorded to power projects with more than 500MW...companies are vying for coal blocks for their steel and power projects. It is said that the...over to allocation of coal blocks through the competitive...
- Power cos to get more coal blocks for captive use.
- News wire article from: PTI - The Press Trust of India Ltd. October 24, 2006 700+ words
...be allocated captive coal blocks for their generation...bids for setting up power projects and those selected...given the associated coal blocks. With the list in...identify the capacity of power projects that can be set up...
- Govt to allocate 16 coal blocks for Ultra Mega Power Projs.
- News wire article from: PTI - The Press Trust of India Ltd. May 20, 2007 700+ words
...to allocate 16 coal blocks for Ultra Mega...allocation of 16 coal blocks with total reserves...the Ultra Mega Power Projects (UMPPs) besides...the Sasan mega power projects. In view of...has allocated coal blocks for production...
- Govt plans to rope in ADB for ultra mega power projects.
- News wire article from: PTI - The Press Trust of India Ltd. August 21, 2006 700+ words
...ambitious 4,000 MW ultra mega power projects, which would require an investment...providing assistance for ultra mega power projects being developed through competitive...underake mining operations of two coal blocks and establishing power projects.
- PM approves allocation of 41 coal blocks to power companies.
- News wire article from: PTI - The Press Trust of India Ltd. October 26, 2007 700+ words
...to de-reserve such coal blocks that could not be taken...release said. Four coal blocks with reserves of 1...facilitate two Ultra Mega Power Projects (UMPPs) in Orissa...In addition, two coal blocks have been earmarked...
Source: HighBeam Research, INDIA MOOTS MORE COAL BLOCKS, TAX HELP FOR MEGA POWER PROJECTS.