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1.Plan panel recommends coal price decontrol

The Planning Commission has suggested raising domestic coal prices to align them with global benchmarks in its approach paper to the Twelfth Five-Year Plan beginning March 2012.The move is part of the commission’s overall call for gradually rationalising prices in the energy sector to move away from the current, ‘unfortunate’ controlled pricing regime.

2.Coal Min grants fuel linkages for 11 power plants

The coal ministry has granted fuel linkages to 11 new thermal power projects in Uttar Pradesh, Bihar, West Bengal and Maharashtra.

3.Under Pressure

FIRST Infocentre,analyses the reasons why the construction industry is dealing with one more round of cost escalation.

4.Agent of Change

The construction industry today accounts for around 7.55 per cent of the country's GDP, thus making a significant contribution to the economy, while providing large-scale employment opportunities to the populace.

5.Power min moots monitoring of pvt projects

The Ministry of Power plans to bring private sector power projects under its online monitoring system in the Twelfth Five Year Plan.

6.GE to introduce steam turbines in India

General Electric will introduce 660 and 800 MW supercritical steam turbines in India this year.

7.Power Grid to invest Rs 1 tn in Twelfth Five Year Plan

Power Grid Corporation of India is finalising plans for a capital expenditure of about Rs 100,000 crore for the Twelfth Five Year Plan.

8.Orissa Hydro Power plans four hydel projects

Orissa Hydro Power Corporation plans to develop four hydro electric power projects as part of the state’s plan to operationalise 13 hydel projects.

9.Local steel demand may rise to 113.3 mn tonne

According to the Union Steel Ministry, the domestic demand for finished steel (alloy+non-alloy) may reach 113.3 mn tonne by 2016-17,

10.Singareni expects rise in net profit in FY12

Singareni Collieries Company (SCCL) expects to raise its net profit to around Rs 450 crore for 2011-12 from Rs 356 crore in 2010-11.

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