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News
Coal Ordinance
Coal Ordinance News
Coal mines auction
07 Mar 2016
Govt may allot more than 10 coal mines to PSUs in 2015-16
Taking forward its decision to open up the coal sector for commercial mining, the government may allot more than 10 coal blocks to PSUs in the current fiscal for production and sale of the fossil fuel.
coal
04 Mar 2015
Govt decisions on coal auction not in sync with economic policy: HC
The Delhi High Court on Wednesday observed that while the 2014 Coal Ordinance is completely in sync with the national economic policy, the "executive decisions" with respect to auction of coal "are not".
coal
04 Mar 2015
Lok Sabha passes Coal Bill to replace Ordinance
Lok Sabha on Wednesday passed the Coal Mines bill to allow e-auction of coal blocks after the Supreme Court cancelled their allocation leading to uncertainty in the coal sector, amid opposition by Left and some other opposition parties.
Supreme Court
03 Feb 2015
Row over coal Ordinance; SC rejects Centre's pleas
Government on Tuesday suffered a jolt when the Supreme Court dismissed its plea to stop private firms from challenging the validity of certain provisions of the controversial 2014 Coal Ordinance in various high courts.
Coal Ordinance
02 Feb 2015
HC to hear GVK Power plea against Coal Ordinance
Delhi High Court Monday agreed to hear GVK Power Ltd's plea challenging provisions of the 2014 Coal Ordinance on the grounds that it was aggrieved at the "arbitrary" determination of compensation for its mining infrastructure which was much lower than it expected.
coal
02 Feb 2015
Coal auction: 6-member panel to determine technical eligibility
Government will constitute a panel to determine technical eligibility of bidders for coal mines in the upcoming auction.
Ordinances
01 Feb 2015
Govt has no desire to issue ordinances: Venkaiah Naidu
Alleging that the NDA government has inherited fiscal deficit, revenue deficit and current account deficit and "above all trust deficit", he said the confidence has now come back and things are now looking up.
coal
12 Jan 2015
Govt comes out with 40 more coal mines for allotment, auction
Taking the auction process forward, the government has put 40 more coal mines on offer for auction and allotment, of which 26 blocks would go to the power sector.
Coal Ordinance
11 Jan 2015
NGO terms Coal ordinance as 'anti-people', asks MPs to oppose
Seeking to enlist the support of Parliamentarians against the Coal ordinance, an NGO from Chhattisgarh has termed it as anti-people and claimed that it only serves the interests of the corporates.
coal
28 Dec 2014
Trade unions slam coal, insurance ordinance; threatens strike
Criticising the Centre's move to issue ordinances on FDI in the insurance sector and coal block allocation, central trade unions including RSS-affiliated BMS said such moves were "highly detrimental" to national interest and threatened a nationwide strike.
Coal Ordinance
26 Dec 2014
President signs insurance, coal ordinances
Paving way for additional foreign investment in insurance and to move ahead with the re-allocation of cancelled coal mines, President Pranab Mukherjee on Friday signed the two ordinances in this regard.
Coal Mines
25 Dec 2014
Government launches auction process for 24 coal mines
The government on Thursday kickstarted the auction process for cancelled coal mines with the launch of a portal for electronic bidding for 24 coal blocks in the first tranche.
Coal Ordinance
25 Dec 2014
Government launches e-auction portal for coal mines
The e-auction process, for which the guidelines were approved by the Union Cabinet along with the ordinance, would start with 24 coal mines.
Insurance stocks
24 Dec 2014
Insurance stocks gain; Reliance Capital up 3.72%
Shares of companies in insurance sector gained as much as 4 percent Wednesday after the government approved the Ordinance route to implement insurance reforms.
Coal Ordinance
24 Dec 2014
First batch of e-auction of 24 mines to commence today
The e-auction process, for which the guidelines were approved by the Union Cabinet yesterday along with the ordinance, would start with 24 coal mines on Thursday.
Coal bill
24 Dec 2014
Govt approves re-promulgation of Coal Ordinance
The government had to go in for re-promulgation of the Ordinance as the Rajya Sabha could not take up the Coal Mines (Special Provisions) Bill.
Coal bill
20 Dec 2014
To look at alternatives if coal bill not passed in Rajya Sabha: Goyal
The government may look at other alternatives if the passage of Coal Mines (Special Provisions) Bill faces hiccups in the Rajya Sabha.
coal scam
18 Dec 2014
SC rejects pleas against Coal Ordinance
The Supreme Court on Thursday dismissed petitions filed by two firms including the Calcutta Electric Supply Corporation (CESC) Ltd against the Ordinance that has paved way for auctioning of coal mines across the country.
coal
02 Dec 2014
Cabinet clears bill on mines auction to replace coal ordinance
The government Tuesday cleared a Bill on coal block auctions to replace an ordinance that was promulgated to begin auction of coal mines that were cancelled by the Supreme Court.
coal
30 Nov 2014
Bill replacing coal ordinance to be brought in Parl this week
A bill seeking to replace the coal blocks allocation ordinance that unveiled the NDA government's ambitious coal sector reforms will be brought in Parliament this week.
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