Essar

Frontline, News

The other ‘coal scam’

Fresh evidence surfaces in the decade-long probe into “over-invoicing” of coal imports totalling over Rs. 35,000 crore by corporates including Adani. This scam’s main victim was the public at large rather than the government’s coffers. The Directorate of Revenue Intelligence (DRI) had found evidence that over 40 companies were over-charging for coal that was imported and sold to thermal power plants across the country.

News, News Click

Gujarat Revokes Power Tariff Hike: Adani, Essar to Gain

It is claimed that a recent decision by the Gujarat government, to revoke a 2018 government resolution allowing increases in electricity tariffs by private power companies in the Adani, Tata and Essar groups, would “safeguard” consumer interests. On the contrary, the decision may benefit the private companies at the expense of electricity consumers.

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