HM inaugurates 'Million Minds Tech Park' and 'GREMI City Campus' in Ahmedabad (See 'Corp Brief') Amit Shah inaugurates State-of-the-Art Milk Processing Plant of Madhur Dairy (See 'Corp Brief') Experts Discuss Yoga for Youth and Mental Wellness in Digital Era (See 'Corp Brief') Misc - RBI circular dated June 07, 2019 on 'Prudential Framework for Resolution of Stressed Assets' was policy decision taken by expert body in larger public interest: HC (See 'Legal Desk') GeM continues to support Digital Public Procurement System (See 'Corp Brief') Ministry of Education reviews strategy for mainstreaming Out-of-School children (See 'Corp Brief') Misc - NBFC cannot reposses financed vehicle through coercive means, without adherence to due process of law and in violation of RBI recovery guidelines: HC (See 'Legal Desk') Govt extends timeline for Global Tender for REPM scheme (See 'Corp Brief') Indian Pharmacopoeia Commission organizes Scientific Conclave (See 'Corp Brief') A&C - Later attempt by insurer to artificially split same claim into separate components of admitted and denied liability does not render unpaid component non-arbitrable: HC (See 'Legal Desk') Scindia reviews Key Development Projects during Sikkim Visit (See 'Corp Brief') Union Minister of State for Coal & Mines reviews CMPDIL (See 'Corp Brief') IBC - If transaction was builder-linked contractual arrangement rather than pure financial debt default, Section 7 IBC proceedings cannot be used in parallel with DRT recovery proceedings: SC (See 'Legal Desk') Commerce Minister chairs meet on promoting fisheries exports (See 'Corp Brief') Govt reviews progress of micro Food Processing Enterprises in Leh (See 'Corp Brief') FERA - Foreign judgment is unenforceable in India as it fell within exceptions u/s 13 CPC: SC (See 'Legal Desk') Railways carries 170% more Cement in last 4 Months (See 'Corp Brief') A&C - Once seat of arbitration is expressly designated by agreement of parties, that seat becomes juridical home of arbitration and operates akin to exclusive jurisdiction clause: SC (See 'Legal Desk') Self-reliance and jointness must for strategic autonomy & future-ready force: RM (See 'Corp Brief') Company Law - For purpose of maintainability of petitions u/s 397 & 398, expression ‘member' is not to be confined only to formal entry in register of members u/s 41(2): SC (See 'Legal Desk') NCB launches 6-Month Online Certification Program on Advanced Concrete Technology (See 'Corp Brief') IBC - While subsidiary companies are separate legal entities, corporate veil may be lifted if associated companies are inextricably connected so as to form one concern: SC (See 'Legal Desk') Supreme Court lays down scenarios for lifting of Doctrine of Corporate Veil (See 'CORP EINSICHTf')

Coal Ministry approaches Environment Ministry for inclusion of Five Coal Mine Pit Lakes in Ramsar List

Published: Jun 29, 2022

By TIOLCorplaws News Service

NEW DELHI, JUNE 29, 2022: INDIA's coal sector is making sustained efforts to fulfil the fast escalating energy demands by further augmenting coal production. At the same time, the coal sector is also taking various initiatives towards adopting the path of sustainable development with emphasis on care for environment and host of measures to protect forests and biodiversity. As part of various sustainable activities, Coal India Ltd (CIL) has under taken– Conservation of coal mine pit lakes, maintenance of ecological character of wet lands and inclusion of such pit lakes in prestigious Ramsar List with the assistance of respective State Governments and the Ministry of Environment, Forest & Climate Change (MoEFCC).

The suitability of coal mine pit lakes for inclusion in Ramsar List was discussed with MoEFCC, the nodal Ministry for identification of wet lands for placing on the Ramsar List.  As per the guidance of MoEFCC, CIL has identified five pit lakes in the States of West Bengal, Odisha, Jharkhand and Madhya Pradesh for consideration of including in Ramsar list. CIL is in process of preparing Ramsar Information Sheet (RIS). These mine pit water bodies are regularly visited by different species of birds and also has avifauna population.  The environment around these water bodies has ameliorated due to the efforts of CIL through large scale plantation and other soil moisture conservation activities.

Furthermore, the Ministry of Coal is obtaining support and assistance of World Bank, GIZ and other global institutions for repurposing of abandoned mine sites to make them safe, environmentally stable and suitable for appropriate commercial usage. Reclaimed lands will be repurposed for economic usage such as solar parks, tourism, sports, forestry, agriculture, horticulture, townships etc. Vast experience of these institutions in handling mine closure cases in different countries will be highly beneficial and will facilitate adoption of best global practices in repurposing of Indian coal mine sites.

TIOL CORP SEARCH

TIOL GROUP WEBSITES