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Rs 3653 cr received from coal blocks
The coal bearing state governments have received an amount of Rs 3,653 crore till June 2017, from the allocation of coal blocks/mines under the provisions of coal mines (Special Provisions) Act, 2015. Under the aforesaid Act, provisions of the entire revenue from allocation (auction and allotment) of coal blocks/mines under the accrues to the coal bearing state government concerned.
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Govt to promote powerloom sector using solar
Government of India has formulated a 'Solar Energy Scheme', to provide incentives and concessions to loom weavers to utilise solar energy to increase production and for the development of the powerloom sector, Ajay Tamta, Minister of State for Textiles said in a written reply to the Lok Sabha.
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Efforts on to reduce crude oil imports | Pradhan
Steps are being taken to enhance oil and gas production to reduce crude oil imports, which has accounted for 82 per cent of the total domestic consumption this fiscal, said Petroleum and Natural Gas Minister Dharmendra Pradhan, adding that the target is to reduce energy imports by 10 per cent by 2021-22.
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Railways to harness 1,000 MW of solar power by 2020
The Indian Railways proposes to harness 1000-MW solar and 150-MW wind energy by 2020, Lok Sabha was informed. A total of about 50-MW renewable energy capacity has been installed till date, including approximately 11-MW solar power and 37-MW wind power, minister of state for railways Manoj Sinha said in a written reply.
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The Power Paradox
The power sector of the country seems to be full of contradictions - there are about 300 million people who do not have access to power, about a third of the population is not lucky enough to escape scheduled and unscheduled power outages, but about 25,000 MW of installed capacity is unable to find buyers, the reason is that most of the power distribution companies (Discoms) are unable to buy enough power to cater their customers´ needs and even if they are ready to do so, there are not enough transmission lines to transfer excess power from pockets of plenty to the needy geographies.
Power Consumption, Discoms, Distribution, Planning Commission Of India, Piyush Goyal, Lok Sabha, NTPC, PK Pujari, PLF, LTPPA, Central Electricity Authority, Coal Plants, Coal India Limited, IPPAI, Union Ministry Of Power
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CIL subsidiaries pay Rs.1,160 cr
Around Rs.1,159.96 crore has been paid by the subsidiaries of Coal India Limited (CIL) for acquiring land for mining in different parts of the country.
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Insolvency and bankruptcy code | Resolving the NPA crisis
The proposed code is a step in the right direction to bring about clarity in the legal framework and certainty and predictability in restructuring of debt and insolvency.
Framework, NPA, Dr T K Viswanathan, Insolvency, Bankruptcy Code, Bankruptcy Law Reforms Committee, Lok Sabha, R And R, BIFR, SICA, RBI, CDR, JLF, DRT, SARFAESI Act
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