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COAL MINE BIDDING
NLC India drops 3% even as gov OFS draws robust institutional demand; retail window opens todayNLC India shares fell sharply on Wednesday even as the government's Offer for Sale (OFS) attracted strong demand from institutional investo...- Coal exchange rules issued, focus on price discovery and qualityIndia's coal ministry has unveiled rules for the nation's first coal exchange, aiming for fair pricing and timely fuel supply. This move tr...
- NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensThe government is set to launch an Offer for Sale (OFS) to divest up to 3% of its stake in NLC India, valued at approximately Rs 1,263 cror...
- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
- Grok falls flat in Washington, undercutting SpaceX's AI growth storySpaceX's AI chatbot Grok faces significant challenges gaining traction within the U.S. government. Federal agencies show a strong preferenc...
- Bihar hits a rare earth mineral jackpot: Cobalt found in Banka, gold in Jamui, says state ministerBihar rare earth minerals discovery: Bihar is poised to join India's rare minerals race with the discovery of cobalt, titanium, and rare ea...
- Adani Power inks deals to buy Jaiprakash Power stake, Churk assets for over Rs 4,193 crore totalAdani Power is set to acquire a significant stake in Jaiprakash Power Ventures and a thermal power plant. This move is part of a resolution...
- Coal Gasification Scheme worth Rs 37.5k cr cleared to fortify energy securityFinancial support to developers will be provided at a maximum of 20% of the cost of plant and machinery through a competitive bidding proce...
- Coal India arm CMPDI lists at 7% discount to IPO priceCentral Mine Planning & Design Institute shares began trading on Monday at a discount. The Coal India unit's initial public offering was fu...
- 22 companies submit bids for commercial coal mining auctionA total of 22 companies have placed 35 bids for 18 coal blocks in the commercial coal mining auction, according to the press release from t...
- Coal Ministry receives 35 bids under 7th tranche of coal mines auctionThis round of auction was started by the ministry for 103 mines on March 29, 2023. The last date for submission of bids was June 27. Accord...
- Govt receives bids for 32 mines in 6th round of commercial coal auctionOf the 32 coal mines bid for, 10 are partially explored and 22 are fully explored. The cumulative peak rated capacity of the fully explored...
- JSW Steel, Vedanta, 29 other companies submit bids in commercial coal mines auctionsAs many as 38 online and offline bids were submitted during the three rounds of auctions. JSW Steel, Vedanta Ltd, NLC India Ltd, Jindal Pow...
- Commercial mining: 53 bids for 20 coal mines; Vedanta, Hindalco, JSW among biddersThe auction process of 88 mines for sale of coal was launched by the Ministry of Coal on October 12, according to an official statement."A ...
- Coal mining based on revenue sharing soonThis will be the first auction outside the reverse bidding model since the mass cancellation of blocks by the Supreme Court. The revenue sh...
- Coal ministry to set up management unit to speed up mine operationalistionThe Ministry of Coal is planning to take services of a consulting firm to set up a project management unit to support on expediting coal bl...
- Government begins process to auction 27 coal minesThe govt said it is auctioning 21 coal mines for end-use non-regulated sectors and six coking coal mines for end-use iron and steel sector.
- Withholding award of coal mines to hit business sentiment: FicciFicci today said any instance of reversing the process or withholding an award will adversely impact the overall business sentiment.
- Coal auction: 100 bidding forms sold so far, says officialOver 100 bid forms have been sold for the first tranche of auction of 46 coal blocks slated to be completed by March 23, a government offic...
- Govt framing guidelines, regulation on bidding: Coal SecyThe Union Government is framing guidelines and rules for the proposed competitive bidding for auction of coal blocks.
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