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Govt mulls amending rules for coal mine auctions

Govt mulls amending rules for coal mine auctions

Emphasising that there is no shortage of coal, Goyal told the Lok Sabha that stock of the dry fuel has been going up.

Rs 762 cr may be invested in underground coal mines in FY'16

He further said that against the output target of 37.600 million tonnes (MT) from the underground mines in the last fiscal, Coal India produced 35.042 MT.

Govt seeks comments on auction methodology for coal linkages

Government is considering a policy for coal linkage auction and has sought comments from stakeholders on the draft auction methodology it has prepared.

7 coal blocks auctioned recently have begun operations: Goyal

The minister further said at this stage it may not be possible to estimate the yield from all the 204 coal mines which were earlier deallocated.

Equal opportunity and transparency key in Modi govt

Speaking at an interactive session at Bharat Chamber of Commerce, Goyal said his government continued to work toward these goals.

Day 2 of coal strike: Production loss mounts to Rs 300 crore

The strike has impacted over 75 percent of the daily coal output of 1.5 million tonnes, with 290 out of 438 CIL coal mines being hit.

Day 2 of coal strike: Piyush Goyal to meet union leaders

Coal Minister Piyush Goyal will meet trade union leaders to resolve issues concerning five-day strike.

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.

Coal stock position improves at thermal power plants: CEA

This data showed that 50 thermal power stations had fuel stocks for less than seven days of which 30 stations were left with less than four days of stock.

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.

Open up coal sector to enhance production: Advisory Group

Opening up of the coal sector and upgradation of state-run Coal India and its subsidiaries are vital for scaling up domestic production of the dry fuel, says a report submitted to the government on Monday.

Controversies, concerns and cancellations: Coalbazaari in 2014

The companies that had got these mines claim to have invested close to Rs three lakh crore in the coalblocks and further Rs four lakh crore in their end-use plants.

CIL asks power firms to contact it for coal import for FY'16

The PSU further said it offers to supply imported coal for the year 2015-16, under the provisions of fuel supply agreement (FSA) entered with the power utilities "in the post 2009 FSA model.

Coal scam: Court asks CBI to further probe case against KM Birla, Parakh

A special court on Tuesday asked the Central Bureau of Investigation (CBI) to file status report of its further probe in the case on January 27, next year.

Coal scam: CBI directed to record statement of former PM Manmohan Singh

CBI was Tuesday directed by a trial court to examine former Prime Minister Manmohan Singh in the case of Talabira II coal block allocation to Hindalco when he was also Coal Minister in 2005.

New norms for coal blocks not to raise power tariff: Govt

The bill, which replaces an ordinance, was brought in the wake of the Supreme Court order cancelling the allocation of 204 coal blocks on September 24 and resetting the agenda for their allocation.

Lok Sabha passes Bill on coal block allocations

The Bill provides for "allocation of coal mines and vesting of the right, title and interest in and over the land and mine infrastructure, together with mining leases, to successful bidders and allottees through a transparent bidding process.

Coal Mines Nationalisation Amendment bill withdrawn from RS

The Coal Mines (Nationalisation) Amendment Bill, 2000 was introduced in Rajya Sabha on April 24, 2000 to amend the Coal Mines Nationalisation Act, 1973, but could not be taken up for consideration.

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.

Coal scam: CBI tells court it was not permitted to examine Manmohan Singh

Former PM Manmohan Singh was holding the portfolio of coal ministry when Birla's firm Hindalco was allocated coal blocks in Orissa's Talabira II & III in 2005.