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...

So what if it was the largest-ever FDI in India? The law finally caught up with it on 30 March 2012, when the National Green Tribunal suspended POSCO’s environmental clearance and ordered a fresh review. We can celebrate the outcome in this day and cynical age: It is still possible, though not easy, to get environmental justice in this country. Since June 2005, when the agreement between the Government of Orissa...

-The Hindu Chhattisgarh government indicted for favouring firm in award of coal block The Congress on Tuesday demanded the resignation of Chhattisgarh Chief Minister Raman Singh, citing the contents of a Comptroller and Auditor General's report that has indicted the State government for flouting norms in the award of a coal block to a firm owned by recently elected Bharatiya Janata Party (BJP) MP Ajay Sancheti who, the party said, is “close...

-The Economic Times   What's common between foggy movements of two army battalions, the government auditor's assessments of large notional losses to the exchequer and a letter from the army chief to the PM on his unit's preparedness for war?  The information in each of these instances in the past six months was marked 'secret' in official files, but screamed its way to the public, forcing the government into damage-control mode.  Information leaks in...

-IANS The Bharatiya Janata Party (BJP) has gagged at least two of its senior leaders in Chhattisgarh after they slammed their own government for not taking the Comptroller and Auditor General's (CAG) report seriously, sources say.  Top sources in the BJP here said former union minister and Lok Sabha MP Ramesh Bais and the former Lok Sabha MP Karuna Shukla were advised by the party to "restrain" themselves from making public statements...