Pulok Chatterji

The Defence Ministry has cleared Reliance Industries' producing KG-D6 block and gas discovery area NEC-26 along with most of the areas where it had either barred any oil and gas activity or put stringent conditions.

PMO calls meeting of coal, power min officials on Oct 10

The Prime Minister's Office has called a meeting of officials of coal and power ministries on October 10 to discuss various issues, including single window clearance for coal projects.

Can assure only 66% supply to power cos: CIL tells Coal Min

Coal India has informed the government that it would be able to assure a minimum supply of only 66% of the total fuel contracted to power plants, a move that would add to the woes of the sector this fiscal.

PMO may decide on 58 captive coal blocks this week

The Prime Minister's Office will take a call this week on the fate of 58 captive coal blocks of firms like Reliance Power, Tata Power and Hindalco which were issued show-cause notices for deallocation for sitting idle on them.

PMO to hold meeting on June 22 to resolve issues on FSAs

The Prime Minister's Office would convene a meeting next week to iron out issues, mainly the penalty clause deterring power firms such as NTPC from inking fuel supply pacts with Coal India.

CII suggests measures to bring growth back on track

To bring economic growth back on track, industry body CII has suggested a slew of measures, including faster implementation of infrastructure projects and releasing payments of Rs 1,00,000 crore, that are stuck in the public system, to private companies.

PMO push to ports sector; directs fast-tracking of projects

Giving a push to the ports sector, the Prime Minister's Office (PMO) has directed fast-tracking of delayed projects and undertaking new ones at the cost of Rs 16,000 crore during the current fiscal

Budget Expectations: Infra Budget must have incentives, tax breaks: Feedback Ven

Vinayak Chatterjee, chairman, Feedback Ventures hopes the FY13 Budget for infrastructure has incentives and tax breaks for this laggard to start performing again.

Expert views: Can CIL ramp up production to meet FSA task?

In an interview to CNBC-TV18, Suhas Harinarayanan, Co-Head of Research, Religare Capital Markets and Ashok Kumar Khurana, Director General, Association of Power Producers talk about the outcome of yesterday's power meet.

Ambani, Mistry, others meet Chatterji on power sector woes

Top executives of private power companies, including Anil Ambani and Cyrus Mistry, today discussed various issues faced by the sector with the high- level panel headed by Prime Minister's Principal Secretary Pulok Chatterji.

As mkts rally, here are cues why India can add to the party

Global markets continued their surprising rally overnight and look poised to take India along for the ride today as well. So has the rally found widespread support among investors and market analysts alike? Read on for more...

PMO panel on power meets to address sector's woes

Close on the heels of Prime Minister Manmohan Singh's assurance to the power sector that their concerns will be addressed, a Committee of Secretaries headed by his Principal Secretary Pulok Chatterji today held its first meeting to resolve the crippling fuel supply crisis.

Power cos seek cheaper imported coal via duty cuts

Power producers have sought the government's intervention to ensure cheaper coal for their use. In the recent meeting with the prime minister, power producers sought the removal of 5% customs duty and 5% CVD on imported coal.

PM meets power CEOs; Assures reform before lights go out

A power-packed series of meetings between power company CEO's and the government today ended on a positive note with prime minister Manmohan Singh promising decisive action to avert a power crisis in the sector.

Govt's method to fight eco slowdown? Get PSUs to spend more

The government is pulling out all the stops to fight the economic slowdown. Sources say the government is working on a multi-pronged strategy, which may include higher expenditure from PSUs, reports CNBC-TV18's economic policy editor Siddharth Zarabi.