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News
Coal block auction
Coal block auction News
Coal auctions
13 Aug 2015
Coal auctions: Govt raises Rs 4,364 crore in third round
The third tranche of coal auctions that came to an end Thursday saw the government kitty swell by a total of Rs 4,364 crore.
coal
20 Apr 2015
Coal mine auction: Third round likely next month
The third round of coal block auction may get off the ground next month, a top official said Monday.
Coal Bids
19 Mar 2015
Post-coal bids, power cos may face Rs 1,350cr deficit: Crisil
"Private power producers with a capacity of 10,000 MW, who bid the highest at the recently concluded coal block auctions, are staring at 65 paise per unit under-recovery in variable cost because of aggressive bidding," the agency's research arm said in a statement here on Thursday.
coal
23 Feb 2015
Rs 1.09 lakh crore to go to states from coal block auction
Approximately Rs 1.09 lakh crore would go to the coffers of states like Chhattisgarh, West Bengal, Jharkhand, Odisha and Maharashtra following auction of 19 coal blocks held last night, Union Coal Secretary Anil Swarup said Monday.
Sesa Sterlite shares
23 Feb 2015
Sesa Sterlite shares up 3% as Balco bags 2 coal mines
Shares of Sesa Sterlite went up by almost 3 percent after the company's subsidiary Bharat Aluminium Company (Balco) bagged one more coal block and total two mines in the first tranche of auction.
Coal auction
22 Feb 2015
After coal, spectrum auction may fetch over Rs 1 lakh cr
"The EMD amount, which is the highest so far, shows that there is high demand of spectrum and we are looking forward to a successful spectrum auction," a Department of Telecom official said.
Bharat Aluminium Company
21 Feb 2015
Balco bags one more mine in Chhattisgarh
Bharat Aluminium Company (Balco) bagged one more coal block on the eighth day of the auction, taking the total number of mines sold so far through the ongoing auction to 18 that will generate an estimated over Rs 1 lakh crore for respective states.
Coal mine
17 Feb 2015
Govt to start afresh Wednesday mine allotment process to PSUs
The government will Wednesday start afresh the process for allotting coal mines to state and central PSUs and will now allot 43 blocks, instead of 36 announced earlier.
Jaiprakash Power Ventures
17 Feb 2015
Coal auction: Balco, Jaiprakash Power, OCL Iron & Steel bag 1 mine each
Balco, Jaiprakash Power Ventures and OCL Iron & Steel bagged one mine each on the fourth day of coal auction Tuesday, taking the total number of blocks sold via bidding to 11.
Coal auction
16 Feb 2015
Coal auction: Jaiprakash, Durgapur Proj, BS Ispat win one coal mine each
Three companies -- Jaiprakash Associates, Durgapur Projects and B S Ispat -- bagged one mine each on the third day of auction Monday, taking the total number of coal blocks sold through e-auction to eight so far.
coal
13 Feb 2015
Coal auction: Setback to Centre in Delhi High Court
Government Friday suffered a setback in the coal block auction process as the Delhi High Court provided relief to several companies which were disqualified from participating in the bidding process on one or the other ground.
coal
13 Feb 2015
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.
coal
28 Jan 2015
Coal auction: Govt extends last date for technical bid to Feb 3
The government has extended the last date to February 3 for submission of technical bid for coal block auction.
coal
22 Jan 2015
PSUs to pay Rs 100-150/tonne on coal besides upfront payment
State-owned entities will have to pay up to Rs 150 per tonne of extracted coal as royalty and monthly payments in addition to the upfront amount, the government said on Thursday as it kickstarted the allocation process for 36 mines to PSUs.
coal
13 Jan 2015
Govt asks coal block bidders to fix dates for site visit
Moving ahead with the process of auction of mines, the government has invited bidders to come up with dates to visit the coal blocks besides inspecting land documents of the mines.
coal
28 Dec 2014
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.
coal
27 Dec 2014
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.
coal scam
22 Dec 2014
Bring objectivity, transparency in mines allocation: Parl panel
There is a serious need to bring objectivity and transparency in allocating mines in the wake of Supreme Court's cancelling 204 coal blocks, a Parliamentary Panel has said.
coal
22 Dec 2014
Govt eyes Rs 1.47 lakh cr from auction of 92 coal blocks
Government is targeting a revenue of Rs 1.47 lakh crore from the allotment and auction of 92 coal blocks out of those being given out in the first phase to private as well as public sector entities.
coal
30 Nov 2014
Bill replacing coal ordinance to be brought in Parl this week
A bill seeking to replace the coal blocks allocation ordinance that unveiled the NDA government's ambitious coal sector reforms will be brought in Parliament this week.
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