GoM meeting on Coal Regulator Bill postponed again

The meeting of the Group of Ministers (GoM) headed by Finance Minister P Chidambaram, which was to be held tomorrow to deliberate on the draft Coal Regulator bill, has been postponed again.

De-allocation letters for coal blocks soon: Jaiswal

These blocks were advised to be cancelled by the Inter-ministerial Group (IMG) as companies failed to develop them within the stipulated time.

CoalMin hopeful of deciding on 29 coal blocks by Sep 15

The Coal Ministry is hopeful of meeting the deadline of September 15 for deciding on the fate of 29 coal blocks allotted to private firms whose review has been undertaken by an Inter-Ministerial Group (IMG).

Govt should not cancel allocation of all coal blocks: Godrej

Opposing calls for cancellation of allocated coal blocks summarily in the wake of CAG report, CII President Adi Godrej Wednesday asked the government to take action against only those companies which have acquired them fraudulently.

Inter-ministerial panel soon on captive coal mines

The government will very soon set up an inter-ministerial panel which will look into the reasons for delay in production from captive coal blocks and suggest measures to fast-track their development amid acute shortage of the fuel across the country.

Govt looks at auctioning coal mines to new power plants

The government is looking at the possibility of allocating coal mines, which have been earmarked for the power sector in the upcoming auction of 54 mines, to new power plants only.

Coal Min not in favour of policy for grant of alternate mines

Amid controversies shrouding coal blocks allocation, the Coal Ministry has said it is not in favour of framing any policy for allotment of alternate mines at present as it may result in huge demand by firms at a time when there is paucity of blocks.

CoalMin seeks report card on progress of captive blocks in Q3

Taking forward its crusade against companies which are sitting idle on captive coal blocks alloted to them, the government has asked firms to furnish status report on the progress made in development of these blocks in the October-December period.