Govt to sell 10% stake in Coal India: Piyush Goyal
India plans to sell a 10 percent stake in state-owned Coal India Ltd, Power and Coal Minister Piyush Goyal said on Thursday. This will make it one of the many divestments proposed by the new government to bolster its stressed finances.
Aug 14, 2014, 19:01 PM 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
Coal India to cut e-auctions by 50%
The coal ministry has been trying to persuade CIL to cut down its lucrative e-auctions by more than 50 percent to 25 million tonnes in 2014-15 from 58 MT last year.
Aug 07, 2014, 00:00 AM IST
Coal India misses output target in July
The development comes at a time when the Maharatna firm is drawing flak from across the quarters for missing its output targets.
Aug 04, 2014, 14:28 PM IST
Govt may finalise policy on utilisation of surplus coal by Sep
The government will "finalise policies of surplus coal" by "September,2014", a source close to development said.
Aug 03, 2014, 11:02 AM 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 asks Coal India to cut e-auction volume
The Coal India Board will be holding a meeting on August 12 to discuss the possibility of lowering e-auction quantity.
Jul 28, 2014, 14:40 PM IST
PFC under process to select developer for 3 coal blocks
As per the new Model Bidding documents issued by the Power Ministry, all activities related to the development of coal blocks are to be carried out by power procuring state utilities.
Jul 20, 2014, 11:31 AM IST
CIL Board looks into third party sampling mechanism
The issue of coal quality last year had resulted in a standoff between the country's largest power producer NTPC and CIL.
Jul 13, 2014, 11:02 AM 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
Coal India not to be split: Piyush Goyal
CIL, which missed its output target of 482 million tonnes by producing 462 million tons of coal in 2013-14, has seven subsidiaries.
Jun 29, 2014, 12:01 PM IST
NTPC may begin production from two coal mines by June 2016
The three coal blocks were earlier forfeited from the state-run company as it failed to develop them within the stipulated timeframe.
Jun 29, 2014, 11:52 AM IST
CoalMin not to reconsider decision on mines deallocation
The Coal Ministry has turned down the plea of Power ministry for reconsidering the decision on deallocation of eight coal blocks of power producers like Essar Power, Hindalco and Tata Power, a move that may hit an investment of around Rs 20,000 crore.
Jun 27, 2014, 14:57 PM IST
Coal India yet to sign fuel supply pacts for 4925 MW
Out of 78,000 MW capacity as on date Coal India (CIL) signed fuel supply agreements (FSAs) for a capacity of 73,075 MW, the Coal ministry said.
Jun 26, 2014, 14:28 PM IST
PowerMin seeks Goyal's help for coal supply to 9940 MW plants
With Coal Ministry rejecting the Power Ministry's request to provide fuel to 9940 MW plants of companies like Essar Power, GMR and Power, the latter has sought intervention of Coal and Power Minister Piyush Goyal into the matter.
Jun 25, 2014, 14:05 PM IST
Govt asks CIL to improve performance to avoid restructuring
The Power and Coal Minister Piyush Goyal has asked the state-run company to improve the quality of its coal by December 31, 2014.
Jun 24, 2014, 14:06 PM IST
Give details of 14 projects awaiting clearances: Coal Ministry to CCL
The Coal Ministry has asked Central Coalfields Ltd, a CIL subsidiary, to provide details of its 14 projects that are awaiting clearances, including those pertaining to environment and forest.
Jun 23, 2014, 16:16 PM IST
NTPC told to give reason for delay in giving bank guarantee
This follows NTPC requesting the Coal Ministry to consider waiver of the amount as its block is at an advanced stage of development.
Jun 22, 2014, 11:08 AM IST
Ficci hails Goyal's move to address coal-related issues
Ficci said steps like reducing the fuel for e-auction and streamlining environmental clearances with time-bound approvals will help increase supplies.
Jun 21, 2014, 19:44 PM IST
Goyal asks Coal India to boost output, cut e-auction quantity
Power Minister Piyush Goyal on Friday asked Coal India to raise production from existing mines.
Jun 20, 2014, 17:19 PM IST
