To Go Or Not To Go...

Also at stake is huge capital investment from power, steel, cement and other end-use sectors. If project developers are being told now that coal blocks allocated to them have fallen in “No Go" areas, the Planning Commission has warned, then it is bound to trigger anxiety among other developers too. “Denial of permission at this stage would put a large amount of capital at risk and would also have an adverse impact on production and investment plans as well as completion of end use power, steel and fertiliser plants," it warned. Read the full report here.

Source: Priyadarshi Siddhanta, Indian Express.