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COAL AUCTION REFORMS
Cabinet approves Rs 37,500 crore coal gasification scheme to cut import dependenceThe Union Cabinet on Wednesday approved a Rs 37,500 crore scheme to promote surface coal and lignite gasification projects, aiming to gasif...- Coal stock adequate for 90 days available: Union Coal Minister Kishan ReddyIndia now holds over 200 million tonnes of coal, enough for 90 days, a significant increase from previous stock levels. The nation achieved...
- Government receives 44 bids in 10th round of commercial coal mine auctionIndia's government received 44 bids for 67 coal blocks in its 10th round of commercial mines auction. The coal ministry highlighted strong ...
- Reforms in coal, mines sector led to increased revenues, production: Minister Pralhad Joshi"In the last 9 years of the Modi government, there have been various reforms in the whole coal and mining sector. Country is moving towards...
- Auction process for 40 new coal mines to begin next week: GovtThe Ministry of Coal is to launch next round of auction process for forty new coal mines for sale of coal," the statement said. Union Coal ...
- Next round of coal mines auction for commercial mining in October or November: Pralhad JoshiCoal Minister Pralhad Joshi requested all the coal-bearing states to help the opening of allocated mines so that India could make use of it...
- Coal India likely to see reforms in marketing, sales in 2021"I will not say coal reforms are over. Coal mining reforms have happened and the next reform is in the marketing of Coal India's production...
- Key takeaways from PM Narendra Modi's announcements on commercial coal miningWith easy entry and exit norms for commercial coal auctions the government expects participation from Indian companies like Hindalco, Jinda...
- PM Modi to launch auction of commercial mining on Thursday; 41 coal blocks to be put on saleThe virtual auction event will be centred on the theme "Unleashing coal: New hopes for Aatmanirbhar Bharat", the coal ministry said. Coal M...
- Govt committee recommends privatisation of coal sectorAll new auctions or allotments of coal mines has been recommended for commercial purpose only.
- Commercial coal mining auctions may not take place soon: OfficialThe statement comes amid resistance from the trade unions operating in the coal sector against commercial coal mining.
- Revamp of coal auction rules: Business-friendly reforms on cardsAn high-power committee, headed by former Central Vigilance Commission Pratyush Sinha, has recommended a complete overhaul of regulations g...
- Govt may allow only commercial mining of coal in future: SecyAt present, Coal India Ltd (CIL) is the sole commercial miner with 80 per cent market share.
- Coal India monopoly to end as decks cleared for mining by private playersThis marks a long-expected reform aimed at boosting investment and output. It is also seen as lowering prices and imports while introducing...
- Government allows private companies to bid for coal mines for commercial productionThis is an important reform and will ensure affordable and reliable supply of coal, Coal Minister Piyush Goyal told a news conference.
- Process for 3rd round of coal auction may start next week"First tranche amount of Rs 466 crore goes to the states by way of upfront payment received from bidders in coal block auctions," Swarup ha...
- Coal reforms will boost sentiment; power, metals, cement to benefitThe government has also taken a cautious step towards ending coal monopoly as it plans to allow private players to mine coal and sell in th...
- Government needs to scrap state monopoly in coal sectorOf the coal mine allottees since 1993, those who have been found guilty of malpractice will be barred from taking part in e-auctions.
- Coal sector should be opened for private investment: FM Arun JaitleyThe govt proposes to auction all 204 coal mines - operating as well as non-operating. Coal India, however, may be given an option to retain...
- Team Anna beginning to do more harm than good by calling PM namesThe shrillness and harshness of its tone serve only to replace reasoned, sustained pressure for institutional reform to strengthen integrit...
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