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UTKAL COAL MINE
For investors who can think beyond war and austerity measures: 5 large-caps from different sectors with upside potential of 31%A bounce-back after a correction should not be confused with the disappearance of risk. Geopolitical tensions may have faded from daily hea...- NALCO shares in focus on signing mining lease deed for amalgamated coal blocksNALCO 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...
- Coal Mines: NLC, ACC among eight top biddersEight companies, including NLC India, ACC, and JSW Energy Utkal, secured coal blocks in India's tenth commercial mining auction. NLC won th...
- ACC, NLC India, others bag five coal mines in 10th round of auctionFive companies, including ACC Ltd and NLC India Ltd, secured five coal mines on the first day of India's tenth commercial coal mine auction...
- Nalco making efforts to operationalise Utkal D coal mine in Odisha in FY23The company executed the mining lease of Utkal D coal block on March 25. "All out efforts are being made for operationalisation of Utkal D ...
- Nalco gets mining lease for Utkal-E coal block in OdishaThe lease has been granted by the Department of Steel & Mines, Government of Odisha, through a notification issued on April 12. As per the ...
- Nalco surges 6% after getting mining lease in OdishaAs per the notification, the mining lease of the Utkal-D coal block is over an area of 301.28 hectares in villages Kosala, Nandichood, Simi...
- NALCO gets mining lease of Utkal-D coal block in OdishaNALCO is considering to open Utkal-D coal block in the financial year 2020-21 after execution of the mining lease deed. The initial capacit...
- Odisha government grants Nalco Utkal D coal blockIn a statement, the Mines Ministry aluminium maker said it was looking to operationalise the coal block in financial year 2020-21 with an i...
- Utkal D and E coal blocks allocated to NalcoIncidentally, 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.
- Will withdraw Odisha coal mine from auction: Centre to High CourtThe court also issued notice to the Coal Ministry and Ambuja Cement on JNIL's plea seeking their response before the next date of hearing.
- Coal auction kitty hits Rs 2.07 lakh crore; tops CAG figureThe estimate includes e-auction proceeds, royalty proceeds and upfront payment, coal secretary Anil Swarup said on Monday.
- Coal auction proceeds to cross Rs 2 lakh crore: Anil Swarup, Coal Secretary"Likely proceeds from coal block auctions (may) cross Rs 2 lakh crore. These include e-auction proceeds, royalty proceeds and upfront payme...
- Monnet Power Company bags Utkal-C coal block for Rs 9,537.22 croreThe 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...
- 2nd lot of coal auction: 84 bids technically qualifiedThe government had last month received 130 preliminary bids from companies including Essar Power, Hindalco, Adani Power and Jindal Power.
- Bank guarantee imposition on JSPL for delay in developing mineThe government has decided to impose bank guarantee on Jindal Steel and Power Ltd (JSPL) for delaying the development of Utkal B-1 coal blo...
- Naveen Patnaik recommended coal mine allotment to JSPL during NDA regimeOdisha Chief Minister Naveen Patnaik's similar petition to NDA government too had resulted in a mine being allocated to Naveen Jindal-led J...
- CLSA downgrades JSPL to ‘sell’, says risk-reward is unfavourableCLSA cut JSPL to ‘sell’ as the Angul plant costs will go up if the Utkal B1 coal block lease does not come through.
- To begin production from Utkal coal block by March: Monnet Ispat and EnergyMonnet Ispat and Energy today said it expects to begin production by March, 2013 from Utkal B2 coal block in Odisha.
- Mines Ministry asked to give priority to development of NALCO blockA Parliamentary panel has asked the Mines Ministry to accord top priority to development of NALCO's Utkal-E coal block.
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