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Make action plan to improve output from UG mines: CoalMin to CIL

Last Updated: Monday, August 18, 2014, 18:03

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.

SAIL-RINL-NMDC to form SPV to buy Rio Tinto Mozambique assets

Last Updated: Sunday, August 17, 2014, 21:26

Consortium members of International Coal Ventures Ltd - SAIL, RINL and NMDC - will form a special purpose vehicle to buy Rio Tinto's Mozambique coal mines as other partners NTPC and Coal India are not keen on taking part in ICVL's maiden deal announced last month.

Govt to ask cos to return de-allocated coal blocks for auction

Last Updated: Friday, August 15, 2014, 09:29

To restart coal block auction, the government will coax companies to return the de-allocated coal mines, an official has said.

Govt to auction coal mines after obtaining necessary approvals

Last Updated: Tuesday, August 05, 2014, 16:58

The government will auction captive coal mines to companies engaged in production of steel, cement and sponge iron after obtaining necessary clearances and detailed exploration of the blocks.

Rio Tinto sells Mozambique coal assets

Last Updated: Wednesday, July 30, 2014, 17:25

A consortium of Indian state-run companies -- International Coal Ventures -- will take over the mines, and the deal will be finalised in the third quarter of this year.

Three Odisha coal mines resume production

Last Updated: Monday, July 14, 2014, 14:04

Production has resumed at the three open cast coal mines of the state run-Mahanadi Coalfields Ltd. (MCL) in Odisha which were shut since July 11 after protests by locals, a company official said Monday.

Three Odisha coal mines shut over protests

Last Updated: Friday, July 11, 2014, 23:44

Mahanadi Coalfields Ltd. (MCL), a unit of the state-run Coal India, Friday shut operations and transportation at three coal mines in Odisha over protests by locals, an official said.

NTPC may begin production from two coal mines by June 2016

Last Updated: Sunday, June 29, 2014, 11:52

The three coal blocks were earlier forfeited from the state-run company as it failed to develop them within the stipulated timeframe.

8 mines can be considered for power sector: CoalMin panel

Last Updated: Tuesday, June 24, 2014, 15:34

The suggestion comes at a time when power plants across the country are facing acute fuel shortages.

Govt to review 27 coal mines next week

Last Updated: Friday, June 13, 2014, 23:25

With the country reeling under fuel shortages, the government will next week review 27 captive coal blocks allocated to firms like NTPC, Sasan Power and SAIL, which have not yet reached peak capacity or which are likely to start production in the current fiscal.

Coal Minister Goyal seeks update on missing files

Last Updated: Monday, June 02, 2014, 19:42

Coal Minister Piyush Goyal has sought an update on missing coal block allocation files and ordered "micro-filming" of all documents to prevent such problems in the future.

Nippon Steel puts iron ore, coal on $1 bn fund's investment radar

Last Updated: Wednesday, May 28, 2014, 23:01

Japan`s Nippon Steel & Sumitomo Metal Corp may consider investing in iron ore or coking coal mines from its nearly USD 1 billion warchest for overseas investments but won`t bid for the US plants of Russia`s Severstal, an executive said.