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PARSA GARE PALMA
Government allots 38 coal mines to central, state PSUsThe move comes on the heels of the auction of 33 coal blocks in two tranches to private companies with the government garnering over Rs 2 l...- 43 coal blocks earmarked for allotment to PSUs; Sitanala block marked for steelThe only mine for steel was part of the schedule III while the coal mines for power companies vary between Schedule I, II and III.
- Coal block allocation: 69 requests from PSUs like NTPC, SAIL, NALCO for 36 blocksThe ministry will award the blocks on a nomination basis to the govt cos based on the preparedness of their end-use plants and proximity to...
- PSUs to pay Rs 100-150 per ton on coal besides upfront paymentBesides, they will not be permitted to use the coal extracted from mine for any purpose other than utilisation for Specified End Use.
- Government to auction 40 more coal minesOf the 40 mines, 23 mines that are close to production, have been earmarked for auction, while 17 others, would be allotted directly.
- Government comes out with 40 more coal mines for allotment, auctionAs per a government document, conduct of electronic auction for mines in schedule III category (ready to produce) will take place between F...
- Government likely to auction 49 coal blocks to private companies in pilot roundA panel set up to earmark coal blocks for auction to private cos has recommended sparing 8 blocks for private cement cos, a govt official s...
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