Identifying 15-20 mines to be auctioned: Goyal
The government has recently auctioned 33 coal blocks in two phases.
Mar 26, 2015, 14:34 PM IST
Coal mines auction: Govt rejects bids of Jindal Steel, Balco
The government has cancelled bids of Jindal Steel and Power and BALCO for four coal blocks amid speculation of cartelisation.
Mar 21, 2015, 10:07 AM IST
CIL to give tentative timelines for auction of coal linkages
State-owned Coal India Ltd has been asked to auction annual coal quantities it sells to users like power plants, through a transparent process.
Mar 19, 2015, 20:30 PM IST
States seek transfer of Rs 6,150 cr coal block levies: Goyal
The Coal Ministry has received requests from various coal/lignite bearing states for transfer of additional levy of Rs 6,149.6 crore collected by the Centre from the owners of operational blocks cancelled by the Supreme Court, Parliament was informed Thursday.
Mar 19, 2015, 19:31 PM IST
Coal, mines bill report to be tabled Wednesday
The report of select committees on the mines and minerals and coal bills will be tabled in the Rajya Sabha on Wednesday, informed sources said.
Mar 17, 2015, 23:10 PM IST
Bids for 9 coal mines being re-examined; decision by weekend
The government is re-examining the bids for nine recently auctioned coal blocks, including those where Balco emerged top bidders, amid speculation of cartelisation during the bidding process.
Mar 17, 2015, 18:59 PM IST
Govt to issue ownership rights of 15 coal mines on March 23
As many as nineteen mines under Schedule II (already in production) category were auctioned in the first leg held between February 14 and February 22.
Mar 15, 2015, 12:49 PM IST
Coal scam: Court grants bail to three top officials of RSPL
A special court on Friday granted bail to three top officials of Delhi-based Rathi Steel and Power Ltd (RSPL) in a coal scam case pertaining to alleged irregularities in allocation of Kesla North coal block in Chhattisgarh to the firm.
Mar 13, 2015, 12:56 PM IST
Govt starts evaluation of 43 mines to be alloted to PSUs
The government has started the process of evaluating applications from state government companies and CPSUs like SAIL, NTPC and Neyveli Lignite for allotment of 43 mines.
Mar 11, 2015, 22:21 PM IST
Coal Minister can't give go by to established procedure: Court
Coal Minister cannot give a go by to the established procedure and guidelines on the issue of coal block allocation while exercising discretion conferred on him as any contravention of the settled process would be "clearly bad in law", a special court observed Wednesday.
Mar 11, 2015, 21:24 PM IST
Coal auction kitty hits Rs 2.07 lakh crore; tops CAG figure
The coal auction kitty Monday crossed Rs two lakh crore mark after two more mines went under the hammer today in the ongoing e-auction -- surpassing CAG's estimate of Rs 1.86 lakh crore loss due to allocating mines without auction during the previous regimes.
Mar 09, 2015, 22:54 PM IST
Coal auction proceeds to cross Rs 2 lakh crore: Govt
Proceeds from the ongoing coal block auctions are likely to cross Rs 2 lakh crore, surpassing CAG's estimate of Rs 1.86 lakh crore loss on account of the allocation of blocks without auction during the UPA regime.
Mar 09, 2015, 21:43 PM IST
Coal e-auctions fetch Rs 55,000 crore thus far in second round
The prime minister Narendra Modi was also elated with the bidding.
Mar 09, 2015, 15:14 PM IST
Coal scam: RSPL, its three top officials summoned as accused
Three top officials of Delhi-based Rathi Steel and Power Ltd and the firm were today summoned as accused in a coal scam case by a special court which observed that they allegedly "deceived" the Ministry of Coal (MoC) by "misrepresenting" the fact regarding possession of land.
Mar 02, 2015, 16:15 PM IST
Delay in land acquisition, other reasons, hit UMPP projects
Some ultra mega power projects (UMPPs) have been delayed due to a host of reasons, including non-finalisation of sites by states and land acquisition, Power Minister Piyush Goyal informed Parliament Thursday.
Feb 26, 2015, 17:28 PM IST
Coal block auctions in India see aggressive bidding
Most of the winning bids so far have been higher than analysts` expectations based on the benchmark price of state-run Coal India.
Feb 19, 2015, 19:25 PM IST
Bidders concerned over reverse bidding in coal mine auction
Ahead of the coal block auction, several players in steel and power sectors have aired their reservations about the reverse bidding mechanism and have raised a lot of queries on the same with the government.
Feb 13, 2015, 17:58 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
Govt nets Rs 22,557 crore from CIL stake sale; LIC biggest buyer
In the biggest-ever disinvestment, the 10 percent stake sale in Coal India on Friday fetched the government Rs 22,557.3 crore in a bumper sale where state-run LIC alone picked up nearly one-third of the public offer.
Jan 30, 2015, 21:52 PM IST
