-The Hindu Both documents extensively discuss need for competitive Bidding for scarce natural resources The fate of the Ashok Chawla Committee report on the allocation of natural resources suggests a wider government unwillingness to accept competitive Bidding, auctions and market-linked pricing for scarce, natural resources lies at the heart of its 2G review petition. The Committee was set up on January 31, 2011, at the peak of the 2G scam expose and just...

-PTI A ministerial panel headed by Finance Minister Pranab Mukherjee on Tuesday approved starting the process to auction spectrum which would be freed in the wake of Supreme Court cancelling 122 licenses. The Empowered Group of Ministers (EGoM) gave the approval to the process for selecting an auctioneer who will conduct the fresh round of Bidding for spectrum as mandated by the apex court. "The EGoM has approved the initiation of the process...

-IANS India's ambitious national solar programme has catalysed rapid growth in the solar market driving solar energy prices low and demonstrating how government policy can stimulate clean energy markets, according to a new report. In only two years, competitive Bidding under India's National Solar Mission drove prices for grid-connected solar energy to nearly the price of electricity from fossil fuels, said the report released here Wednesday by the Natural Resources Defence...

-PTI Competition watchdog CCI has imposed Rs 317 crore in penalties on three companies, including agro-chemicals major United Phosphorus, for collusive Bidding to supply ALP tablets to Food Corporation of India (FCI).  The aluminium phosphide (ALP) tablet manufacturers -- United Phosphorus, Excel Crop Care, and Sandhya Organics -- have been fined 9 per cent of the their three years' average profits.  ALP tablets are used by the FCI for preserving its central pool...

Bidders for upcoming ultra mega power plants in Odisha and Chattisgarh will have to pay a reserve price to the state government for coal mines that come bundled with the project, ending a long established policy regime in which the mines were allotted free. The coal ministry is in the process of finalizing norms for calculating the reserve price for the mines, Bidding norms and a model agreement for which it...