Power consumers to gain Rs 30,000 cr in long-term: Goyal
After the auction of 19 coal blocks, power consumers in the country stand to gain over Rs 30,000 crore over a period of time by way of a cut in electricity tariff, Power and Coal Ministry Piyush Goyal said Monday.
Feb 23, 2015, 21:41 PM IST
Coal auction: Hindalco Industries wins one more block; total 3
Continuing aggressive bidding, Hindalco Industries has bagged one more mine in the ongoing coal auction, taking the total number of blocks won by the firm to three that includes two in Chhattisgarh and one in Jharkhand.
Feb 21, 2015, 11:17 AM IST
Coal auction to yield nearly Rs 1 lakh crore to states
Respective states will get nearly Rs l lakh crore, including royalty, over the next 30 years from 16 coal blocks sold so far through the ongoing auction, a top government official said on Friday.
Feb 20, 2015, 18:41 PM IST
Second tranche of coal auctions from Feb 25, Rs 84,000 crore mopped up till now
The government has till now raised nearly Rs 84,000 crore.
Feb 20, 2015, 15:07 PM IST
Goyal projects Rs 15 lakh crore bonanza to states from coal
The allocation of coal blocks, including through the ongoing auction, will fetch a whopping Rs 15 lakh crore over the next 30 years, for the respective states, Union Minister Piyush Goyal said Thursday.
Feb 19, 2015, 19:17 PM IST
Delhi HC lifts stay on final bidding for three Chhattisgarh coal blocks
Delhi High Court on Wednesday lifted the stay order on final bidding for three coal blocks in Chhattisgarh.
Feb 18, 2015, 13:01 PM IST
Govt expects more aggressive auctions for coal blocks
On the third day of auction on Monday, the government said it expects more aggressive bidding for coals blocks as the mines on offer are already producing.
Feb 16, 2015, 13:10 PM IST
Coal block auction begins: Ambanis, Adanis in the race
Auction of coal blocks began on Saturday for the first time with corporate honchos Ambanis, Adanis and Birlas queuing up for the two mines being offered on day one.
Feb 14, 2015, 12:04 PM IST
HC halts final bidding for three Chhattisgarh coal blocks
"In present case, although we have permitted announcement of qualified bidders, we direct respondent (Coal Ministry) not to conduct electronic auction (final bidding) till the next date of hearing on February 18," the bench said.
Feb 12, 2015, 14:01 PM IST
69 applications for 36 coal blocks from PSUs like NTPC, SAIL
The maximum number of applications (9) were received for Gare Palma Sector II coal mine in Chhattisgarh, an official release said on Monday.
Feb 09, 2015, 22:32 PM IST
CIL to engage consultant on auctioning of coal linkages
State-owned Coal India Ltd will engage an external consultant to examine various structures and implementation models to auction coal linkages.
Jan 27, 2015, 19:49 PM IST
Entertaining JSPL plea to affect coal block auction: Govt to HC
Govermment on Tuesday opposed in Delhi High Court the pleas of JSPL and its promoter Naveen Jindal challenging its order changing end-use of coal blocks earlier alloted to them, saying the decision was taken to ensure optimal use of reserves of the natural resource.
Jan 20, 2015, 18:26 PM IST
PMO asks Coal Ministry to closely monitor mine auction, allotment
The Prime Minister's Officer has asked the Coal Ministry to monitor closely the process of allotment and auction of coal mines to ensure that there is no disruption in the production of dry fuel.
Jan 19, 2015, 18:02 PM IST
Coal Scam: Special Court grants bail to R S Rungta and R C Rungta
A Special Court on Wednesday granted bail to directors of Jharkhand Ispat Pvt Ltd, R S Rungta and R C Rungta in coal blocks allocation scam case.
Jan 14, 2015, 10:46 AM 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
NGO terms Coal ordinance as 'anti-people', asks MPs to oppose
Seeking to enlist the support of Parliamentarians against the Coal ordinance, an NGO from Chhattisgarh has termed it as anti-people and claimed that it only serves the interests of the corporates.
Jan 11, 2015, 21:26 PM IST
Govt drops 1 coal mine from list of blocks put under auction
The government has dropped one coal block from the list of 24 mines, that have been put under the hammer in the first tranche, due to "technical reasons".
Jan 05, 2015, 18:40 PM IST
President signs insurance, coal ordinances
Paving way for additional foreign investment in insurance and to move ahead with the re-allocation of cancelled coal mines, President Pranab Mukherjee on Friday signed the two ordinances in this regard.
Dec 26, 2014, 18:24 PM IST
IMG to meet next week to examine issue of BG of coal blocks
The IMG has members from various ministries, including steel and power.
Dec 26, 2014, 14:50 PM IST
Government launches e-auction portal for coal mines
The e-auction process, for which the guidelines were approved by the Union Cabinet along with the ordinance, would start with 24 coal mines.
Dec 25, 2014, 11:52 AM IST
