Coal block auction

More than 74 blocks to be auctioned in 1st phase: Official

The government in a day or two will finalise the number of coal blocks to be auctioned or allotted over and above the 74 mines that will be put up for sale in the first lot of bidding on February 11, an official said Monday.

Nov 24, 2014, 22:32 PM IST

Panel to seek Cabinet nod for coal reserve price methodology

An inter-ministerial panel Tuesday decided the methodology for fixing the reserve price for coal auction and will seek the Cabinet approval for the same.

Nov 11, 2014, 21:56 PM IST

CIL trade unions caution against de-nationalisation of mines

Cautioning against any attempt to de-nationalise coal mines, the five operating trade unions of Coal India Ltd (CIL) have said they will meet shortly to decide the future course of action.

Oct 24, 2014, 21:01 PM IST

'Firms which lost mines should have refusal right in auction'

The economy will be severely impacted if the government fails to re-allocate the cancelled blocks within six months, Parakh said.

Sep 24, 2014, 18:06 PM IST

Coal block auctions likely by end of current financial year

The apex court will continue the hearing on the fate of coal blocks allotted between 1993 and 2011 on Tuesday. Last month, the Supreme Court had held that all 218 allocations made from 1993 to 2011 are illegal and arbitrary.

Sep 08, 2014, 15:23 PM IST

Govt to ask cos to return de-allocated coal blocks for auction

To restart coal block auction, the government will coax companies to return the de-allocated coal mines, an official has said.

Aug 15, 2014, 09:29 AM IST

Govt cancels auction of 3 coal blocks: Goyal

Of three blocks two are in Jharkhand and one is in West Bengal.

Aug 07, 2014, 15:24 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

CoalMin to review status of formation of JV, SPV next week

The Coal Ministry had earlier asked states to advise the companies that have been allocated mines to either form SPVs or JVs for projects.

Jul 29, 2014, 12:31 PM IST

Govt contemplating auctioning 25 deallocated coal blocks

The Coal Ministry is considering auctioning 25 captive coal blocks which where taken back from the companies due to their failure in developing them.

Jul 01, 2014, 14:26 PM IST