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Spot e-auction of coal to start today; 20 mt on offer

Spot e-auction of coal to start today; 20 mt on offer

The auction will be conducted for four days beginning Thursday and run till October 25.

CIL to start spot e-auction of coal today; auction to be conducted for four days

CIL to start spot e-auction of coal today; auction to be conducted for four days

The auction will be conducted on October 20, 21, 24 and 25.

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 auction to get Rs 3.45 lakh crore; Rs 36k crore saving via DBT: Government

Coal auction to get Rs 3.45 lakh crore; Rs 36k crore saving via DBT: Government

Publicising its work on the completion of two years in power, government said on Sunday that coal auction will bring Rs 3.45 lakh crore to the nation's kitty and Rs 36,500 crore would be saved on account of checking leakages through Direct Benefit Transfer (DBT) scheme for LPG subsidy.

Government's new coal linkage policy : Share Bazaar Live

The government has given one rebate in new linkage policy for home use of the coal. To get all the updates of share market watch our special segment watch Share Bazaar Live

Power companies to get coal via e-auctions; CIL MoU till June 30

Power companies to get coal via e-auctions; CIL MoU till June 30

Power producers being supplied coal through the MoU route by state-owned CIL will now have to take it via special e-auction being conducted for the power sector as the government has decided not to extend the pact beyond June 30.

CIL achieves 536 MT coal output in FY'16; misses target

CIL achieves 536 MT coal output in FY'16; misses target

State-owned Coal India has achieved an 8.5 percent growth rate in production at 536 million tonnes in 2015-16, but missed the output target of 550 million tonnes for the just-concluded financial year

Govt to auction 9 coal blocks in 4th round

Govt to auction 9 coal blocks in 4th round

Government has added another coal block to the list of mines to be auctioned in the fourth round next month, taking the total number of blocks on sale to nine.

Coal auction: Govt to meet potential bidders this week

Coal auction: Govt to meet potential bidders this week

Taking forward the process of fourth round of coal mines auction, the government has organised a pre-bid conference this week in which the queries of the prospective bidders would be clarified.

Eastern states eye Rs 1,280 crore as coal auction proceeds

Eastern states eye Rs 1,280 crore as coal auction proceeds

Coal-rich eastern states are in for a bonanza as they will get close to Rs 1,280 crore from the latest round of coal auction by this month-end, with Rs 650 crore already transferred to their kitty.

Midcap Bazaar: Government announces Coal Linkage policy

Government has announced Coal Linkage policy today, the preference for auction will be given to the states which are have started UDAY policy.

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.

Coal linkage auction: Floor price may be at CIL's RoM rates

Coal linkage auction: Floor price may be at CIL's RoM rates

The initial floor price for the proposed auction of coal linkages should be fixed on the basis of CIL Run-of-Mine price and bidders have to bid for premium above this price for the relevant grade, an inter-ministerial panel has suggested.

Policy on coal linkages auction may take some time: Govt to CIL

The policy with regard to auction of coal linkages may take some more time to be finalised, government has informed state-owned coal miner CIL.

Centre needs to rationalise coal prices: Goyal

The Centre needs to rationalise the prices of certain grades of coal as per gross calorific value (GCV) but there is no need to align them to international rates, Union Coal and Power Minister Piyush Goyal said here on Friday.

Panel on coal linkage auction to meet this week

The government is considering a policy for coal linkage auction and has sought comments from stakeholders on its draft auction methodology.

Coal auction has curbed corruption: PM

Coal auction has curbed corruption: PM

Prime Minister Narendra Modi said on Saturday that around Rs.3 lakh crore will come into the government exchequer from the auction of coal blocks that helped curb corruption.

Jharkhand coal block auction put off

Jharkhand coal block auction put off

The government on Wednesday deferred the auction of Chitarpur coal mine in Jharkhand due to a court case.

Coal auction Day 1: Govt garners Rs 2,529 crore from 2 mines

The first day of third tranche of coal mines auctions Tuesday saw government garnering a total of Rs 2,529 crore from bidding of two blocks in Chhattisgarh and Maharashtra.

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.