CIL mega share sale sails through; Govt to get Rs 22,600 crore
This is also the biggest ever share sale by any private or public sector company in India and exceeds the previous record of over Rs 15,000 crore made by CIL itself in 2010.
Jan 30, 2015, 16:45 PM IST
Coal India divestment on Friday; Govt eyes Rs 22,600 crore
At the floor price, the total 10 percent stake can fetch the government Rs 22,600 crore.
Jan 29, 2015, 17:58 PM IST
Timing of CIL stake sale to be decided by FinMin: Coal Secy
The Coal Ministry Tuesday said the timing of stake sale in Coal India Ltd, which may fetch the exchequer about Rs 24,000 crore, will be decided by the Finance Ministry.
Jan 13, 2015, 17:13 PM IST
Making efforts to settle project related issues: CoalMin to PMO
The Coal Ministry has informed the PMO that it is making all efforts to resolve the issues related to various mining projects at the central as well as state level.
Jan 11, 2015, 12:39 PM IST
JSPL connived with MoC officials for excess mining: CBI alleges
The Coal Ministry officials had "connived" with the JSPL, headed by former Congress MP Naveen Jindal, allowing it to "illegally" mine nearly three times more coal than permitted, claims a CBI probe into coal block allocation scam.
Jan 08, 2015, 16:05 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
Coal unions boycott govt meet; to go on 5-day strike from Tuesday
The unions said a consensus had emerged among them after the government displayed "enough arrogance" over re-issuing the ordinance "without any consultations" with the unions.
Jan 03, 2015, 21:49 PM IST
Coal Ministry says taking steps to boost coal supplies
The Coal Ministry on Wednesday said it is working in tandem with the Railway Ministry for expeditious laying of three critical rail lines in three states to transport the dry fuel.
Dec 31, 2014, 15:32 PM IST
Coal block auction: CIL seeks clarity on three mines
With a fresh process underway for allocation of 204 coal mines for their 'development and optimum utilisation', Coal India has informed the government that the list also includes two blocks already allocated to it and mining work was on in another mine post its de-allocation.
Dec 28, 2014, 11:14 AM 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
WCL proposes price hike on certain grades of coal
Coal India arm WCL has proposed to increase the price of coal by Rs 500 a tonne on certain grades of the dry fuel to make some of its projects viable.
Dec 21, 2014, 13:24 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
Bill on coal mine allocation introduced in Lok Sabha
The Coal Mines (Special Provisions) Bill 2014 was introduced by Coal Minister Piyush Goyal, who insisted that the bill did not seek de-nationalisation of coal mines.
Dec 10, 2014, 13:28 PM IST
Govt seeks info on mine cancellation impact on state finances
The Centre has asked states to furnish information on their finances impacted due to recent cancellation of coal block allocations and penalties imposed by the Supreme Court.
Dec 05, 2014, 18:59 PM IST
Govt to launch e-platform like PMG to facilitate coal projects
The Coal Ministry is set to launch within a fortnight an electronic platform to address all regulatory hurdles related to coal mines that would be on the pattern of Prime Minister's Project Monitoring Group.
Dec 04, 2014, 21:22 PM IST
Coal Ministry to put 18 additional blocks for sale in 1st phase: Secy
The Coal Ministry will auction or allot 18 more coal blocks in addition to already announced 74 mines for sale in the first lot to meet the growing demand for the fossil fuel.
Dec 04, 2014, 14:01 PM IST
CIL execs seek PM's intervention for performance related pay
Coal India executives have sought Prime Minister Narendra Modi's intervention for implementation of performance related pay (PRP) for nearly 19,000 officers of the world's largest miner.
Nov 30, 2014, 12:50 PM IST
No green nod needed for 74 coal blocks to be auctioned in February
The 74 blocks to be auctioned are from 204 mines whose allocations were quashed terming their allotment as "arbitrary and illegal" by the Supreme Court.
Nov 30, 2014, 12:36 PM IST
Apply value criteria universally to all 42 coal blocks: Panel
It was decided at the recent meeting of the panel to seek experts from the office of the CAG on the issue.
Nov 28, 2014, 15:32 PM IST
Govt to raise coal producing capability of CIL
Coal Minister Piyush Goyal also said that the e-auction of the coal blocks cancelled by the Supreme Court would be completed by March 31 next.
Nov 27, 2014, 15:48 PM IST
