Coal India to tweak e-auction norms to ease processCoal India Ltd (CIL) will revamp its electronic window system, allocation methodology, capping auction hours, and adjusting transport premi...
13 Jul, 2024, 12.04 AM IST
Few takers for CIL coal despite lower floor price at e-auctionCoal India planned to auction 60% of its 75 million tonnes inventory by May-June following which four subsidiaries planned to offer 46 mill...
06 May, 2020, 12.35 PM IST
Potential coal mine buyers seek lower auction thresholdsThe Centre's discussion paper on coal block auctions suggests bidders offer to share at least 4% of revenue from a block. For more than fou...
25 Feb, 2020, 01.31 PM IST
No coal mine to any private company without transparent auction: MinistryThe central government led by Prime Minister Narendra Modi has not given any coal block whatsoever to any private company without a transpa...
29 Nov, 2018, 07.13 AM IST
Coal India's e-auction of coal sales up by 32 per cent in Q1The PSU coal mining behemoth has booked 32.7 million tonne of coal through different e-auction schemes during April-June 2017.
02 Aug, 2017, 10.39 AM IST
- Underweight Coal India, target Rs 330
The domestic and global glut of coal is likely to keep E-auction prices in check. Cash could reduce materially from here on a large buyback...
03 Jun, 2016, 03.34 PM IST
New round of coal block auctions from next month: Piyush GoyalParliament had last week approved Coal Mines (Special Provisions) Bill of 2015, which forms part of NDA government's reforms agenda.
24 Mar, 2015, 10.34 PM IST
Coal ministry may give CIL, states four cancelled blocksWhile several states have sought coal blocks, the ministry has received 107 applications from Central and state PSUs for allocation of 43 m...
22 Mar, 2015, 10.06 AM IST
Coal auction a positive trigger for Sesa Sterlite; buy from a 6-8 months perspective: Harendra Kumar"This coal auction is one positive trigger and plus there are multiple triggers lined for Sesa Sterlite."
23 Feb, 2015, 09.59 AM IST
Aditya Birla Group plans an entry into power sectorTop strategy team at the Birla Centre met last week to deliberate on an entry into the power sector and it is expected to be through acquis...
23 Dec, 2014, 06.45 PM IST
Domestic prices to be basis for valuing coal for auctionThe proposal is scheduled to be placed at the next Cabinet meeting for approval, people with knowledge of the matter said.
14 Nov, 2014, 04.00 AM IST
Govt to complete coal block allotment by February: Coal Secretary Anil SwarupThe government is planning to complete coal block allocation through auction by February next year, a top official said.
12 Nov, 2014, 10.23 PM IST
ET in the classroom: An introduction to coalgateET presents a primer on the captive coal block allocation scam, or as it was called, ‘Coalgate’.
25 Sep, 2014, 04.31 AM IST
- Hindalco gains 4% on forest clearance for Mahan coal block
At 02:50 pm, Hindalco Industries Ltd was trading 4.4 per cent higher at Rs 115.85. It has hit a low of Rs 110.60 and a high of Rs 116 in tr...
31 Oct, 2012, 05.09 PM IST
Diluted CAG coal report to peg loss at Rs 1.86 lakh croreCAG's report on coal block allocation, which is likely to be tabled anytime this week is said to have pinned the loss caused at Rs 1.86 lak...
16 Aug, 2012, 12.21 PM IST
Coal block auctions to kick off by JuneThe government is gearing up to hold the first round of coal block auctions in the second quarter of 2012.
27 Mar, 2012, 10.49 AM IST
- Coal mining blocks: Report suggests Tatas, Jindals, NTPC, MMTC made windfall gains
The UPA govt appeared to stave off a fresh crisis after the national auditor played down suggestions of a Rs 10.7-lakh cr revenue loss.
24 Mar, 2012, 12.03 PM IST