Coal auction

Coal auction process won't be delayed: Goyal on HC order

With the Delhi High Court asking for removal of three coal blocks from the auction list, Union Minister Piyush Goyal on Wednesday said the government respects the ruling and assured that the auction process would not be delayed.

Feb 11, 2015, 22:26 PM IST

Coal auction: Govt gets 176 technical bids for 23 mines

JSPL, GVK Power and Monnet Ispat are among the bidders for 23 coal blocks on offer in the first tranche of the ongoing auction, for which the government received a total of 176 preliminary bids on Tuesday.

Feb 03, 2015, 21:24 PM IST

Coal auction: 6-member panel to determine technical eligibility

Government will constitute a panel to determine technical eligibility of bidders for coal mines in the upcoming auction.

Feb 02, 2015, 17:32 PM IST

Coal scam: Court pulls up CBI for delay in conducting probe

A special court on Friday pulled up the CBI for "sitting over" and delaying further investigation in a coal blocks allocation scam case and directed it to expedite the ongoing probe.

Jan 30, 2015, 19:26 PM IST

Coal auction: Govt extends last date for technical bid to Feb 3

The government has extended the last date to February 3 for submission of technical bid for coal block auction.

Jan 28, 2015, 19:32 PM IST

Coal auction to generate over $100 billion for states: Goyal

Asserting that investors have no concern about ordinance route being adopted for coal auction, Coal and Power Minister Piyush Goyal said the entire process would generate over USD 100 billion in royalties and auction proceeds for various states.

Jan 24, 2015, 16:23 PM IST

Govt to allocate 36 coal blocks to PSUs

The government on Wednesday kick-started the process of allocating cancelled coal mines to state-owned firms, saying that it will initially allot 36 blocks.

Jan 21, 2015, 15:45 PM IST

Govt may auction coal linkages; forms inter-ministerial panel

Government is now mulling auctioning coal linkages through the competitive bidding route and has also constituted an inter-ministerial panel to look into various models to implement it, a move aimed at bringing greater transparency in the allotment of linkages.

Jan 15, 2015, 14:00 PM IST

Govt comes out with 40 more coal mines for allotment, auction

Taking the auction process forward, the government has put 40 more coal mines on offer for auction and allotment, of which 26 blocks would go to the power sector.

Jan 12, 2015, 21:32 PM IST

Coal auction to start soon: Jaitley

Government on Monday said the much-awaited auction of coal blocks to private companies will begin soon.

Jan 12, 2015, 18:46 PM IST

Coal auction: 7 mines in Chhattisgarh, 6 in MP are on offer

In the first tranche of coal block auction, government on Saturday invited bids for 24 mines, including seven in Chhattisgarh.

Dec 27, 2014, 21:52 PM IST

President signs ordinances for coal auction, insurance reforms

President Pranab Mukherjee on Friday signed the ordinances moved by the government on raising FDI in insurance sector and facilitating e-auction of coal blocks.

Dec 26, 2014, 14:35 PM IST

Govt notifies draft rules for e-auction of coal mines

Government came out with draft rules for e-auction of 92 cancelled coal mines in the first phase, fixing a floor price of Rs 150 per tonne.

Dec 18, 2014, 14:47 PM IST

Collect levy from running mines owners: Govt to coal Controller

Government has asked the Coal Controller to collect additional levy from the owners of operational coal blocks, which have been cancelled by the Supreme Court.

Dec 17, 2014, 16:45 PM IST

Coal auction may push up fuel price for power sector: ICRA

The auction of 74 coal blocks is likely to witness an intense competition among bidding companies and the exercise may push up the fuel price for power sector, rating agency ICRA said Wednesday.

Dec 16, 2014, 23:07 PM IST

Govt finalises rules for coal mines auction

The government today said it has finalised the rules for the auction of 204 coal mines that were deallocated by the Supreme Court.

Dec 12, 2014, 19:34 PM IST

Plan to get clearances for 112 mines before auction: Govt

Government is looking at the possibility of putting in place all clearances for 112 mines before they are auctioned in the second phase, so that they fetch higher revenue for the exchequer, a top official said Wednesday.

Dec 10, 2014, 19:04 PM IST

CIL to e-auction surplus coal from mines with evacuation probs

State-owned Coal India Ltd has been asked to e-auction the surplus coal from those mines that have been facing evacuation constraints.

Dec 09, 2014, 17:38 PM IST

Coal auction: Cabinet may decide floor price on Wednesday

The Cabinet may on Wednesday decide to fix a floor price of Rs 150/tonne for auction of coal blocks in March.

Dec 08, 2014, 22:28 PM IST

Cabinet clears bill on mines auction to replace coal ordinance

The government Tuesday cleared a Bill on coal block auctions to replace an ordinance that was promulgated to begin auction of coal mines that were cancelled by the Supreme Court.

Dec 02, 2014, 20:28 PM IST