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New Delhi: The coal ministry is closely monitoring fuel offtake by state nodal agencies amid reports of an increase in buffer stock by the informal industrial sector, people close to the matter said. Coal India Ltd supplies coal to state nodal agencies which mainly cater to small and medium-sector consumers, such as brick kilns and other small industrial units that do not have fuel supply agreements. The ministry has reached out to states to gauge their requirements and ensure adequate supplies ...Read More >
NEW DELHI: India's vast informal industrial sector using coal is cautiously building buffers, with brick kilns, small foundries and other smaller energy-intensive units gradually stockpiling the fuel in anticipation of a price increase triggered by global price pressure amid the West Asia crisis. Industry participants said the trend picked up over the last one week as these units, typically operating outside long-term fuel linkages, now anticipate higher spot prices led by international coal pr ...Read More >
RAIPUR: In response to widespread protests and reports over an advisory issued about a month back over Forest Rights Act (FRA 2006) that limited the constitutional powers of Gram sabhas. Chhattisgarh Forest Department on Thursday clarified that the letter was only intended as a temporary procedural advisory due to the absence of a model management plan for Community Forest Resource Rights (CFRR) areas. "Our intention was never to curtail community rights," Principal Chief Conservation of Forest ...Read More >
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