Block winners can use coal at any plant nowEarlier, operators were tied to the plant specified during the auction.
12 Sep, 2019, 06.56 AM IST
Govt to take bigger revenue share from coal sold in open marketBlocks will be awarded on the basis of the highest share of revenue offered to the government.
15 Aug, 2019, 07.00 AM IST
Coal block auction unlikely in 3 months: Coal secretary Anil Swarup"Right now markets do not justify auction of coal blocks. Last round of auction has not seen many takers," coal secretary Anil Swarup said.
22 Jun, 2016, 04.58 AM IST
Government to allot 16 coal blocks for commercial mining to state companies by AugustEight blocks will be awarded to state utilities within the state, while the remaining eight will be allotted to state utilities other than ...
21 Jun, 2016, 07.41 PM IST
Government expects all operational coal blocks to resume work by JulyEMTA had exclusive mining rights over the coal blocks before it was cancelled on the Supreme Court’s directions and was later won by state-...
16 May, 2016, 03.57 AM IST
Government ends coal block lease issues; 10 mines to start operations by March 2016The government has ironed out issues related to transfer of mining leases and grant of forest clearances to coal block winners.
19 Oct, 2015, 05.55 AM IST
Many auctioned coal blocks yet to take off; only seven blocks out of 11 start operationsOf the 11 operational blocks auctioned out of a total 34, only seven have started operations so far, annoying block al ottees who had made ...
14 Oct, 2015, 10.21 AM IST
Coal auction: Govt names 8 winners in second lot; withholds 6 namesThe names of successful firms pertaining to six coal blocks that went under the hammer in the second lot are missing from the govt's list o...
16 Mar, 2015, 10.34 PM IST
Government holds back awarding 5 coal blocks from round II for examining low bidsAward of three producing blocks auctioned in round I has also been held back for similar reasons. A decision on those is likely to be made ...
16 Mar, 2015, 02.10 AM IST
Winner's curse haunts coal blocks saleIn the power sector, the surprise winner was state-run Durgapur Projects, which bagged the Transdamodar coal block in West Bengal after a t...
17 Feb, 2015, 11.52 AM IST
JP outbids Balco, Hindalco and Ultratech Cement for its Madhya Pradesh mineThe mine with one million tonnes per annum of reserves previously belonged to West Bengal Mine and Development Corp.
17 Feb, 2015, 06.48 AM IST
NTPC will bid for coal blocks in next auctions: Top executiveThe auction follows the Supreme Court’s September order cancelling 214 coal blocks over charges of irregularities.
12 Jan, 2015, 04.00 AM IST
Coal ministry looking at Rs 150/tonne floor price for auctioning minesThe floor price of the blocks would be worked out by computing their net present value (NPV) through the discounted cash flow method.
09 Dec, 2014, 01.16 PM IST
Government appoints firm to find ways to offset any spike in power production costs after e-auction of coal blocksThe government has appointed a consultancy firm to find ways to cushion power companies against a rise in generation costs after they buy c...
05 Dec, 2014, 03.00 PM IST
Panel to seek Cabinet nod for coal reserve price methodologyAn inter-ministerial panel today decided the methodology for fixing the reserve price for coal auction and will seek the Cabinet approval f...
11 Nov, 2014, 09.24 PM IST
Coal: Inter-ministerial panel meet tomorrow to decide reserve price37 running mines produced about 38.14 million tonnes of coal in 2013-14, while the five others are likely to chip in with another 5.85 mill...
10 Nov, 2014, 07.36 PM IST
Government appoints committee to assess compensation for coal blocksThe panel, which will also compromise officials of ministries of coal, power, finance and law, will submit its recommendations by November ...
28 Oct, 2014, 03.52 PM IST