NALCO has signed a mining lease deed to enhance coal production capacity to 4 MTPA. The lease is valid until 2051 and aims to boost fuel se...

The company executed the mining lease of Utkal D coal block on March 25. "All out efforts are being made for operationalisation of Utkal D ...

The lease has been granted by the Department of Steel & Mines, Government of Odisha, through a notification issued on April 12. As per the ...

NALCO is considering to open Utkal-D coal block in the financial year 2020-21 after execution of the mining lease deed. The initial capacit...

Monnet Ispat had contested classification of Gare Palma IV/5 mine to reserve it for unregulated sector against its previous allotment for i...

Incidentally, Utkal E Coal Block was allotted to Nalco by Govt. of India in 2004. The company had spent Rs.126.34 crore for this block.

The Utkal--E coal block is among the 204 de-allocated by the Supreme Court in September last year.

The court also issued notice to the Coal Ministry and Ambuja Cement on JNIL's plea seeking their response before the next date of hearing.

The estimate includes e-auction proceeds, royalty proceeds and upfront payment, coal secretary Anil Swarup said on Monday.

"Likely proceeds from coal block auctions (may) cross Rs 2 lakh crore. These include e-auction proceeds, royalty proceeds and upfront payme...

The cumulative revenue to the exchequer has reached Rs 1.74 lakh crore from the sale of 32 mines so far, including Rs 1 lakh crore from sal...

Odisha Chief Minister Naveen Patnaik's similar petition to NDA government too had resulted in a mine being allocated to Naveen Jindal-led J...

CLSA cut JSPL to ‘sell’ as the Angul plant costs will go up if the Utkal B1 coal block lease does not come through.

Falling aluminium prices globally and uncertainty over commencement of the Utkal coal block will continue to put pressure on Nalco.

Monnet Ispat and Energy today said it expects to begin production by March, 2013 from Utkal B2 coal block in Odisha.

Nalco said the Utkal coal block at Angul with reserves of 70 mn tonnes and spread over 212 hectares, will be used to generate power for the...

The government said on Wednesday that it has issued showcause notices to Monnet Ispat, Chhattisgarh Mineral Development Corporation and Utk...