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Govt allots 38 coal mines to central, state PSUs

The government on Tuesday allotted 38 mines to central and state public sector units including power major NTPC, DVC and steel giant SAIL.

SAIL stake sale this month; more incentives for retail players

The government is proposing to offload 5 percent stake in SAIL this month and provide more incentives to retail investors to increase their participation.

SAIL, NTPC asked to give JV info of mines for submission to SC

The details have been sought from government allocatees of coal blocks allotted between 1995 and 2007 which are operational or are likely to commence output in FY'15.

Confident of Rs 6,000 cr financial closure by July: DVC

"We expect to sign the financial closure of Rs 6,000 crore Raghunathpur TPP stage II by July," DVC Chairman R N Sen told reporters here in an interaction over the weekend.

CoalMin takes up issue of power cos' Rs 9,000 cr dues to CIL

Against the backdrop of power utilities, including NTPC and DVC, owing a huge amount of about Rs 9,000 crore to CIL, the Coal Ministry has asked the Power Ministry to ensure that the outstanding amount is cleared soon.

Coal Min to consult Law Min on giving back five blocks

The Coal Ministry on Wednesday said it will take a call on giving back five de-allocated coal blocks to PSUs, including NTPC, after consultations with the Law Ministry.