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Govt contemplating auctioning 25 deallocated coal blocks

Last Updated: Tuesday, July 01, 2014, 14:26

The Coal Ministry is considering auctioning 25 captive coal blocks which where taken back from the companies due to their failure in developing them.

Centre set up panel to identify more coal mines for auction

Last Updated: Wednesday, May 14, 2014, 19:00

In a bid to expedite coal auction process, the Centre has announced a nine-member panel, which will identify more blocks, in addition to already selected 54 mines, for sale through competitive bidding.

IMC formed to consider applications for coal block auction

Last Updated: Wednesday, May 14, 2014, 15:29

The panel has members from the ministries such as power and law.

Proposal to auction two more mines in Jharkhand put on hold

Last Updated: Thursday, February 27, 2014, 17:33

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

Govt kicks off coal mines auction process, puts 3 on block

Last Updated: Wednesday, February 26, 2014, 19:19

The first ever auction of coal mines began Wednesday with the government putting three mines in Jharkhand and West Bengal on block for captive use.

Auction of coal blocks likely in December: Jaiswal

Last Updated: Friday, October 11, 2013, 12:33

The government on Friday expressed hope that the auction of coal blocks to be allocated to the private firms would begin by December.

Methodology for coal blocks auction to widen range of bidders

Last Updated: Wednesday, September 25, 2013, 19:51

Hailing the government's decision to approve a new methodology for auctioning coal blocks, PHD Chamber of Commerce termed the move a step in the right direction as would kick-start a transparent process of allocating coal blocks and broaden the base of bidders.

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.

Coal block auction in two months: Jaiswal

Last Updated: Wednesday, August 07, 2013, 18:07

Union Coal minister Sriprakash Jaiswal on Wednesday said the coal block auction is likely to be held in the next two months.

Par panel criticises govt for delays in auction of coal blocks

Last Updated: Sunday, April 28, 2013, 13:01

A parliamentary panel has criticised the government for undue delays in allotment of coal mines through auction route amid dry-fuel crunch faced by the country.

CoalMin seeks expertise of FinMin on MDO bidding documents

Last Updated: Wednesday, November 28, 2012, 17:49

The Coal Ministry Wednesday said it has sought the expertise of Finance Ministry with regard to the bidding documents for selection of mine developer and operator for certain Coal India mines.

Crisil likely to submit report on coal block auction on Oct 8

Last Updated: Friday, October 05, 2012, 22:01

Financial services firm Crisil, consultant to the Coal Ministry for fixing reserve price for auction of 54 mines, is expected to submit its report on October 8.