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CAPTIVE COAL BLOCKS
Cairn, Vedanta Oil & Gas raises output from Hazarigaon gas field in AssamCairn Vedanta Oil & Gas has achieved a significant milestone in Assam. The Hazarigaon field recorded its highest gas production. This contr...- Captive coal blocks produce nearly 4 million tonnes in OctoberAccording to data compiled by the Coal Controller Organisation, production from captive coal blocks during April-September 2019 rose nearly...
- Captive coal miners allowed to sell 25% output in open marketThe last date for bid submission is November 28 and the auctions are likely to commence in mid-January, a senior coal ministry official sai...
- Govt forms panel to find ways to increase output of captive coal blocksThe coal ministry has set up an expert panel headed by former CVC Pratyush Sinha to examine challenges of the current bidding system and su...
- 5th round of captive coal block auctions deferred indefinitelyThe ministry has issued a notification to the prospective bidders that the demo e-auction and the e-reverse auction will not take place as ...
- 101 captive coal blocks identified for allotmentBlocks can together reduce India’s dependence on imported coal in the next one year, the official said. The country imported 130 mn tonne o...
- Government gearing up to bring in bill to open coal sectorGuidelines for the auction will be framed by November and panel will be set up to do the groundwork, which follows the SC order scrapping c...
- Coal Ordinance: Experts doubt if it will be a lasting solution for the troubled sectorWhen CIL was the only company mining coal, it had the option to first mine in areas with low density of population or marginally forested a...
- ET in the classroom: An introduction to coalgateET presents a primer on the captive coal block allocation scam, or as it was called, ‘Coalgate’.
- Output from captive mines lower than target: Coal Ministry to PMOThe production target set from the captive coal blocks in FY 2013-14 was 50 million tonnes (MT), a source close to the development said.
- Coal Block Allocation Case: SC to take a call on captive blocks on MondayThe Supreme Court will decide what to do with captive coal blocks, having deemed more than 200 allocations made since 1993 to be illegal.
- How to clean up the coal allocation messRight now, India’s coal industry is a mess. It has spawned oligarchs, hurt local populations and decimated local ecosystems.
- Government to ask companies to return de-allocated coal blocks for auctionTo restart coal block auction,government will coax companies to return de-allocated coal mines;out of 61 coal blocks,8 have been returned.
- Banks stop lending to consumers that show captive coal blocks as assets, await SC verdictIndustry sources said banks are not sanctioning new loans or disbursing funds to existing corporate consumers that show captive coal blocks...
- Government decides to deduct bank guarantee of Chaman Metallics for mine delaysThe decision was taken by the coal ministry following the recommendations of an inter-ministerial group (IMG) on coal blocks.
- Steel, cement companies to pay for captive coal blocksSteel, cement and sponge iron companies will now pay for their captive coal blocks that were given free earlier.
- No clearance for captive coal blocks for UMPPs in ‘inviolate’ forest areas: MoEFBut in the event the captive coal block is not located in an “inviolate” area, MoEF will delink the clearance for the 4,000 mw projects fro...
- Delay in developing captive coal blocks may cost holders dearCaptive coal block holders may have to shell out a portion of bank guarantee for delays in developing the reserves, as the government plans...
- Captive coal block owners may get to sell surplus to Coal IndiaThe prime minister is set to consider a proposal to allow owners of captive coal blocks to sell excess production to state-run Coal India.
- Govt clears 15 captive coal blocksThe government is understood to have okayed the allocation of 15 captive coal blocks for power projects, including the proposed captive pla...
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