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CAG picks holes in coal mines auction by NDA govt

CAG picks holes in coal mines auction by NDA govt

The CAG has picked holes in the e-auction of coal mines by the NDA government last year saying multiple bids by corporate groups through joint ventures or subsidiaries did not give an assurance that potential level of competition was achieved in the first two tranches.

Coal scam: Court orders framing of charges against Naveen Jindal

Coal scam: Court orders framing of charges against Naveen Jindal

A special court on Friday ordered framing of charges against industrialist Naveen Jindal and other accused in Amarkonda Murgadangal coal block allocation case.

Coal supply to power sector up 6% at 370 million tonnes in Apr-Feb

Coal supply to power sector up 6% at 370 million tonnes in Apr-Feb

State-run miner Coal India supplied 370.80 million tonnes of fuel to the power sector during April-February this fiscal, higher by 6.4 per cent than that in the same period last year.

 Govt may allot more than 10 coal mines to PSUs in 2015-16

Govt may allot more than 10 coal mines to PSUs in 2015-16

Taking forward its decision to open up the coal sector for commercial mining, the government may allot more than 10 coal blocks to PSUs in the current fiscal for production and sale of the fossil fuel.

Coal scam: Court grants bail to former Coal Secy, others

Former Coal Secretary H C Gupta and four others, including two senior public servants, were Thursday granted bail by a special court in a coal scam case relating to alleged irregularities in allocation of Moira and Madhujore (North and South) coal blocks in West Bengal.

 

CIL to provide short-term linkages to end-use plants

CIL to provide short-term linkages to end-use plants

State-owned Coal India will provide short-term linkages to the end-use plants of those central and state PSUs, both in power and non-power sector, whose coal blocks could not begin production.

Govt may allot 15 blocks to PSUs for commercial coal mining

Moving ahead with its decision to open up the coal sector for commercial mining, government has identified 15 blocks to be alloted to central and state PSUs for undertaking production and sale of the dry fuel.

Govt approves mines to PSUs to sell coal to small industries

Govt approves mines to PSUs to sell coal to small industries

In a move aimed at enhancing energy security, the government Wednesday cleared allotment of coal blocks to PSUs for the sale of the fossil fuel mainly to medium, small and cottage industries and a policy for developing Underground Coal Gasification in coal and lignite areas.

Coal auction: Eight blocks to go under hammer from January 18

Coal auction: Eight blocks to go under hammer from January 18

The government Thursday kick-started the process for the fourth round of e-auctioning of eight coal blocks, which is slated for January 18-22 next year.

Captive coal mines production rises 34% to 53 MT in FY15

Captive coal mines production rises 34% to 53 MT in FY15

Coal production from captive mines last fiscal witnessed a significant rise of 33.64 per cent at 52.769 million tonnes (MT) over the previous year.

Coal scam: Court to pass order on Koda's plea to summon ex-PM Manmohan Singh

Coal scam: Court to pass order on Koda's plea to summon ex-PM Manmohan Singh

A special court is likely to pronounce Friday its order on the plea of ex-Jharkhand Chief Minister Madhu Koda seeking summoning of former Prime Minister Manmohan Singh as an additional accused in a coal scam case.

 

Gupta aware that Coal Min will go by recommendations: Court

Former Coal Secretary H C Gupta, who also headed the screening committee on allocation of coal blocks to various firms, was "well aware" that the Coal Minister would go by the recommendations of the screening panel in the matter, a Delhi court has observed.

Govt allocates 2 coal blocks in Odisha to Nalco

In a major relief for aluminium major Nalco, the Centre Tuesday allocated Utkal D and E coal blocks in favour the company, which has already set up a 4.6 lakh tonne smelter and 1,200 MW Captive Power Plant in Odisha's Angul district.

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.

Third tranche of coal auction from Tuesday, 22 bids qualify

"Out of the total applications we received, 22 were found to be technically valid," an official said.

Coal scam: Court issues notice to CVC Director

Coal scam: Court issues notice to CVC Director

A special court on Thursday issued notice to the Director of Chief Vigilance Commission (CVC) in a coal scam case allegedly involving Prakash Industries Ltd (PIL) and others in which CBI has filed a closure report.

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.

SC orders status quo on 3 coal blocks, issues notice to JSPL

The Supreme Court Monday ordered maintainance of status quo on three coal blocks in Odisha and one in Chhattisgarh, which the Delhi High Court had directed to be excluded from the auction process.

Govt transfers ECs of 19 coal blocks of total 29 so far

Govt transfers ECs of 19 coal blocks of total 29 so far

The Centre has so far transferred the environment clearance (EC) of 19 coal blocks out of approved 29 mines from the earlier allottees to the new successful bidders including JSW Steel, GMR Chhattisgarh Energy, Jaypee Cement and Ambuja Cements among others.

Telangana seeks coal allocation for new power projects

The Telangana government on Thursday urged the central government to ensure allotment of required coal for upcoming thermal power plants in the state.