In February, JSW Energy said it would acquire GMR's Kamalanga power project (1,050 Mw) in Odisha for Rs 5,321 crore.
The privatisation of distribution in Union Territories is a positive move by the government, says Prashant Jain, joint MD & CEO of JSW Energy
The government would do better to create a market for natural gas
The Centre had termed the move of opening up of commercial coal mining for the private sector as the most ambitious coal sector reform
This move gains significance as the new private entities are now going to form a significant part of the future
The ministry of coal's five-year vision plan for FY19-24 did not accounted for any production from commercial miners
The government failed to open the industry to competition, despite liberalisation of the economy years ago
The story of Adani and its Australian project illustrates why the world keeps burning coal despite its profound danger
The government last year allowed private companies to mine the fossil fuel for commercial use, ending the monopoly of state-owned CIL