Modi govt’s reform push for coal sector: Auction process of 40 new coal mines launched
In an official statement, the ministry stated that the step has been taken following the successful auction of 28 coal mines in the first two tranches and there shall be a total of 88 coal mines on offer at present."
Oct 13, 2021, 12:48 PM IST
List of auctioning of coal mines revised, 38 coal blocks to be auctioned for commercial mining
The revision in the list includes addition of three blocks and withdrawal of five blocks.
Sep 03, 2020, 17:29 PM IST
PM Narendra Modi launches auction process for 41 coal blocks for commercial mining
The launch of the auction process not only marks the beginning of unlocking of the country's coal sector from the lockdown of decades, but aims at making India the largest exporter of coal, the Prime Minister said.
Jun 18, 2020, 12:21 PM IST
Coal Ministry starts process of auction of 27 coal mines
The last date of registration of bidder and sale of tender document is September 13 and bid due date is September 19, an official release said.
Aug 06, 2019, 13:43 PM IST
Govt clears opening coal mining to pvt firms
While coal mines were till now auctioned for captive power generation, they will now be sold in an e-auction to private domestic and global miners.
Feb 20, 2018, 14:49 PM IST
Auctioned, allotted coal blocks fetch states Rs 4,109.3 crore
31 coal mines have been allocated by way of auction to private and public companies for specified end users.
Dec 27, 2017, 14:54 PM IST
Tariff discount of power companies may lead to Rs 125 crore savings
This policy has been named as Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India (SHAKTI).
Sep 15, 2017, 20:26 PM IST
Spot e-auction of coal to start today; 20 mt on offer
The auction will be conducted for four days beginning Thursday and run till October 25.
Oct 20, 2016, 08:59 AM IST
CIL to start spot e-auction of coal today; auction to be conducted for four days
The auction will be conducted on October 20, 21, 24 and 25.
Oct 19, 2016, 15:44 PM IST
CAG picks holes in coal mines auction by NDA govt
The CAG has picked holes in the e-auction of coal mines by the NDA government last year saying multiple bids by corporate groups through joint ventures or subsidiaries did not give an assurance that potential level of competition was achieved in the first two tranches.
Jul 26, 2016, 19:37 PM IST
Coal auction to get Rs 3.45 lakh crore; Rs 36k crore saving via DBT: Government
Publicising its work on the completion of two years in power, government said on Sunday that coal auction will bring Rs 3.45 lakh crore to the nation's kitty and Rs 36,500 crore would be saved on account of checking leakages through Direct Benefit Transfer (DBT) scheme for LPG subsidy.
May 30, 2016, 00:03 AM IST
Government's new coal linkage policy : Share Bazaar Live
The government has given one rebate in new linkage policy for home use of the coal. To get all the updates of share market watch our special segment watch Share Bazaar Live
May 05, 2016, 10:28 AM IST
Power companies to get coal via e-auctions; CIL MoU till June 30
Power producers being supplied coal through the MoU route by state-owned CIL will now have to take it via special e-auction being conducted for the power sector as the government has decided not to extend the pact beyond June 30.
Apr 21, 2016, 15:18 PM IST
CIL achieves 536 MT coal output in FY'16; misses target
State-owned Coal India has achieved an 8.5 percent growth rate in production at 536 million tonnes in 2015-16, but missed the output target of 550 million tonnes for the just-concluded financial year
Apr 01, 2016, 18:18 PM IST
Govt to auction 9 coal blocks in 4th round
Government has added another coal block to the list of mines to be auctioned in the fourth round next month, taking the total number of blocks on sale to nine.
Dec 10, 2015, 16:04 PM IST
Coal auction: Govt to meet potential bidders this week
Taking forward the process of fourth round of coal mines auction, the government has organised a pre-bid conference this week in which the queries of the prospective bidders would be clarified.
Nov 29, 2015, 11:07 AM IST
Eastern states eye Rs 1,280 crore as coal auction proceeds
Coal-rich eastern states are in for a bonanza as they will get close to Rs 1,280 crore from the latest round of coal auction by this month-end, with Rs 650 crore already transferred to their kitty.
Nov 22, 2015, 13:28 PM IST
Midcap Bazaar: Government announces Coal Linkage policy
Government has announced Coal Linkage policy today, the preference for auction will be given to the states which are have started UDAY policy.
Nov 19, 2015, 17:23 PM IST
Coal auction: Eight blocks to go under hammer from January 18
The government Thursday kick-started the process for the fourth round of e-auctioning of eight coal blocks, which is slated for January 18-22 next year.
Nov 19, 2015, 17:20 PM IST
Coal linkage auction: Floor price may be at CIL's RoM rates
The initial floor price for the proposed auction of coal linkages should be fixed on the basis of CIL Run-of-Mine price and bidders have to bid for premium above this price for the relevant grade, an inter-ministerial panel has suggested.
Oct 02, 2015, 17:11 PM IST
