Coal auction

Commercial mining of coal to be allowed after auction: Arun Jaitley

Government will allow commercial mining of coal by private companies after allocating mines to public sector companies and auction to specific end users, Finance Minister Arun Jaitley said Sunday.

Nov 23, 2014, 17:47 PM IST

'Govt planning to auction more than 74 coal mines in 1st lot'

The Centre is considering adding some more mines to the first lot of 74 blocks for auction to meet the growing demand for the fuel, Coal Secretary Anil Swarup said on Friday.

Nov 21, 2014, 22:44 PM IST

Coal auction to begin in Feb; Govt aims to keep lid on tariff

The keenly awaited auction of coal blocks will be held around February 11 but power tariffs are unlikely to shoot up following bidding, expected to be intense, as the government has put in place norms to regulate the bid war.

Nov 19, 2014, 18:26 PM IST

Govt to complete coal block allotment by Feb: Coal Secy

The government is planning to complete coal block allocation through auction by February next year, a top official said Wednesday.

Nov 12, 2014, 23:28 PM IST

Left parties, unions oppose decision to auction coal blocks to pvt parties

Left parties and trade unions Tuesday opposed Government's decision to go in for e-auction of coal blocks for private parties and demanded its reversal while deciding to launch nationwide protests against "anti-people" policies next month.

Oct 21, 2014, 16:37 PM IST

Companies convicted in coal scam will be barred from auction: Piyush

With the Coal Ministry readying for e-auction of coal blocks that were held 'illegal' and cancelled by the Supreme Court in September, Coal Minister Piyush Goyal on Tuesday said those companies convicted in the coal scam would be barred from auction.

Oct 20, 2014, 21:26 PM IST

Coal ministry seeks AG advice on fallout of SC deallocations

SC last month cancelled 214 coal blocks allocated from 1993 to 2011, except four vested with the NTPC, SAIL and the Sasan UMPP.

Oct 06, 2014, 19:32 PM IST

Coal blocks allocation: SBI says has Rs 4,000-crore exposure

Country's largest lender SBI, which has Rs 4,000-crore exposure to coal mines, today said the banking system is unlikely to take a hard knock even if the Supreme Court cancels all the 218 coal blocks allocated between 1993 and 2010.

Sep 09, 2014, 23:10 PM IST

Roadmap for coal-block allocations after final verdict: Govt

As Supreme Court today reserved its order on coal-block allocations, the government said it would wait for its final verdict in order to move ahead in a transparent manner.

Sep 09, 2014, 21:43 PM IST

Govt to auction coal mines after obtaining necessary approvals

The government will auction captive coal mines to companies engaged in production of steel, cement and sponge iron after obtaining necessary clearances and detailed exploration of the blocks.

Aug 05, 2014, 16:58 PM IST

First action plan to modernise CIL mines may be drawn in Oct

The state-owned firm has been drawing flak for missing the production targets.

Aug 01, 2014, 16:04 PM IST