Coal Min to review fuel stock situation at power plants
With almost half the thermal power stations in the country left with less than a week's coal stock, the Coal Ministry has called a meeting to review the fuel position at the plants.
Sep 25, 2014, 18:36 PM IST
Coal blocks' players may have to pay Rs 10K-cr as fine: Crisil
With cancellation of 214 coal blocks, the players of operational units may have to shell out Rs 10,000 crore as fine, rating agency Crisil has said.
Sep 24, 2014, 23:32 PM IST
Coal scam: Concerns of all stakeholders will be kept in mind, says Official
Concerns of all stakeholders will be kept in mind while deciding the future course of action on coal block allocation, a top Coal Ministry official said on Wednesday.
Sep 24, 2014, 20:06 PM IST
Hope govt will devise relief plan: Birla on coal blocks order
In a major blow to the corporate sector, the Supreme Court today quashed allocation of 214 out of 218 coal blocks which were alloted to various companies since 1993.
Sep 24, 2014, 19:24 PM IST
Coal scam: SC ruling likely to hit economy, says India Inc
Currently, about 42 blocks are producing coal to the tune of 53 million tonnes and account for 10 percent of the total coal supplied in the country.
Sep 24, 2014, 19:13 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
SC to decide fate of 218 coal blocks on Wednesday
The apex court will pronounce its verdict at 2 PM on blocks whose allocation was declared illegal by it and in which government claimed that Rs 2 lakh crore investments have been made.
Sep 23, 2014, 21:31 PM IST
Coal scam: CBI seeks time to file revised closure report
CBI on Tuesday sought some time to file a "revised closure report" in a special court in a coal blocks allocations scam case involving JAS Infrastructure and Power Ltd and others.
Sep 23, 2014, 19:20 PM IST
Panel tells CoalMin to consider giving 8 mines to power sector
A government panel has recommended the Coal Ministry may consider allocating eight mines to the power sector under government dispensation route, amid Power Minister Piyush Goyal promising 24x7 power to all.
Sep 08, 2014, 18:21 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
Ministry for coal price pooling to mitigate any SC deallocation
In a move to deal with the situation following the Supreme Court verdict holding allocation of coal blocks since 1993 as illegal, the Power Ministry in a cabinet note has proposed pooling of imported and domestic coal for deciding the price of fuel for plants commissioned after 2009.
Sep 05, 2014, 14:49 PM IST
Output from captive mines lower than target: CoalMin to PMO
At a time when the Supreme Court is set to take a call on captive mines, the Coal Ministry has informed the Prime Minister's Office that firms alloted blocks for end-use plants have just produced 39 MT of coal in FY'14, missing their target for the fiscal.
Sep 05, 2014, 13:55 PM IST
Coal Ministry seeks comments from ministries on CIL pay issue
The Coal Ministry has sought comments from various ministries, including finance, on the draft Cabinet note for implementation of performance related pay of Coal India Ltd employees, aimed at removing anomalies in salaries and wages of nearly 19,000 CIL officers.
Sep 03, 2014, 15:28 PM IST
Coal Ministry may revisit policy on tapering linkages
The Coal Ministry is likely to revisit the policy on tapering linkages which may be done after the apex court gives its judgement on coal mines issue.
Aug 31, 2014, 11:30 AM IST
CoalMin asks CIL for note on expediting extraction from mines
The development comes at a time when the country is facing acute coal shortages.
Aug 29, 2014, 14:18 PM IST
Goyal blames UPA govt for coal shortage in power sector
Union Power and Coal Minister Piyush Goyal Thursday blamed "rampant corruption and lopsided policies" of the previous UPA government for the coal shortage that has impacted power generation in the country.
Aug 28, 2014, 22:30 PM IST
CoalMin may decide on FSAs for remaining units: PowerMin
The Power Ministry has suggested the Coal Ministry may take a decision on signing fuel supply agreements for the remaining 12 units with a capacity of 4,000 mw within a month.
Aug 28, 2014, 18:10 PM IST
Coal scam: Ready to act once final decision is taken, says Piyush Goyal
The apex court of the country on Monday passed its judgement in the coal block allocation scam and termed it as illegal as the process followed by the screening committee between 1990-2010 were not fair nor transparent and suffered from vice of arbitrariness.
Aug 25, 2014, 16:41 PM IST
Policy on swapping of coal linkages on cards
The development comes at a time when the demand-supply gap of coal is widening in the country.
Aug 22, 2014, 14:53 PM IST
Make action plan to improve output from UG mines: CoalMin to CIL
With CIL just producing 37 million tonnes (MT) of coal from its 237 underground mines, the Coal Ministry has asked the PSU for a detailed subsidiary wise action plan for improving the output from these blocks.
Aug 18, 2014, 18:03 PM IST
