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Proposal to auction two more mines in Jharkhand put on hold

Last Updated: Thursday, February 27, 2014, 16:15

The government's plans to auction two more coal blocks in Jharkhand has been put on hold because of some issues involved.

Govt plans to offer 4 coal blocks in first tranche of auction

Last Updated: Monday, January 20, 2014, 18:54

"We are planning to offer four coal blocks to the power sector and other six for non-power sectors," coal secretary S K Srivastava said.

CCEA approves methodology for coal blocks auction

Last Updated: Tuesday, September 24, 2013, 18:44

The Cabinet Tuesday approved the methodology for auctioning coal blocks, providing for upfront and production-linked payments and benchmarking of coal sale prices.

India may have to continue coal imports even till 2017: Govt

Last Updated: Monday, April 29, 2013, 14:59

India, which imported 110.42 million tonnes of coal during April-January 2013 may have to bank on imports even till 2017 to meet shortages, the government said Monday.

NTPC-CIL dispute: TCI seeks removal of Coal India CMD

Last Updated: Friday, April 05, 2013, 19:46

UK-based hedge fund TCI, the biggest foreign investor in Coal India (CIL), Friday asked directors of the coal major to take steps for the removal of their CMD in order to run the company efficiently in the wake of fuel supply dispute between the power giant NTPC and CIL.

CCEA gives in-principle nod to coal price pooling proposal

Last Updated: Tuesday, February 05, 2013, 23:16

The Cabinet Committee on Economic Affairs Tuesday approved in-principle the averaging of prices of domestic and imported coal to get a uniform feedstock price in the country, but asked coal and power ministries to come back with specifics of the proposal.

Coal ministry panel to identify mines for auction

Last Updated: Saturday, January 12, 2013, 09:51

The coal ministry proposes to form a panel to identify coal blocks for allocation through auction and government dispensation route.

Clearances before-hand will make coal auction successful: NTPC

Last Updated: Tuesday, November 20, 2012, 18:50

State-run NTPC Tuesday said the proposed coal block auction next year by CIL would be more successful if the the government secures all the requisite clearances before inviting bids.

FICCI for early end to logjam in Parliament

Last Updated: Friday, August 31, 2012, 17:09

Kanoria said Ficci is against any en masse cancellation of coal blocks as such a decision would send out a wrong signal to investors.

PwC, two others shortlisted for consultancy for coal mine bids

Last Updated: Sunday, May 06, 2012, 11:40

The three companies have cleared the first round of selection that involved evaluation of technical bids, sources said.

CAG estimates on coal blocks "illogical": Jaiswal

Last Updated: Monday, April 02, 2012, 18:19

Coal Minister Sriprakash Jaiswal Monday described CAG draft report on allocation of coal blocks without auction as "illogical", asking by that yardstick even water used in the hydro projects should be charged.

Power Min seeks bidding in power sale from govt-allocated coal

Last Updated: Monday, April 02, 2012, 17:52

The Power Ministry has asked the Coal Ministry to direct all the entities being allocated coal blocks by the government to sell power through competitive bidding, failing which their allocation could be cancelled.