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COAL PRIVATISATION
Rs 1 lakh to Rs 14 crore in 24 years! Hindustan Zinc delivers 1,400x returns since Vedanta’s purchaseHindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has g...
Response to commercial auctions good; No CIL privatisation or hiving off of units: Pralhad JoshiIn an interview with ET, India’s minister for coal and mines Pralhad Joshi said that over the next five years, coal should be available unc...
Coal India arm assures compliance with green rules for mining in new Assam projectThere is opposition from different quarters to coal mining in the area on the ground that it will pose threat to the environment and wildli...
Private companies may have easy criteria for commercial coal mining auctionWhile the government will not regulate prices, marketing or sale of coal, and minimum production from the commercial coal mines will be spe...
Govt committee recommends privatisation of coal sectorAll new auctions or allotments of coal mines has been recommended for commercial purpose only.
NDA govt taking decisions in the interests of a few capitalists: MayawatiThe BSP president criticised the government's move of opening up coal mining to the private sector for commercial use.
Coal India unions to meet on December 15 against Coal BillTrade union said unfortunately govt did not consult unions & passage of Bill in LS would result in a setback to Coal India & Singareni Coll...
PM Narendra Modi wants to give coal sector in corporate hands: Congress leader Digvijay Singh"PM Modi says 'Make in India', but wants to hand over the coal sector in the hands of the corporate," said Congress leader Digvijay Singh
Private companies will be allowed commercial coal mining soon: Finance Minister Arun JaitleyIn 1993, private sector participation in mining of coal for captive use by industries like steel, cement and power producers was allowed.
Coal unions warn of strike; oppose e-auction, commercial miningCoal is a vital national resource and allowing it to be handed over to private corporates would lead to "serious industrial disturbances."
Unions smell ‘backdoor’ privatizationJiban Roy said, "The ordinance does not impact the 1973 Coal Nationalisation Act. But, there is a point of private mining.
Congress, BJP on same page on coal issue: Prakash KaratCPI-M today said both stood for privatising the coal sector despite their stand-off on the CAG report which has resulted in disruption of P...
- Planning Commission pitches for opening coal mining for private sector
Planning Commission pitched for privatisation of coal mining saying govt should have a consistent policy for energy sector.
- Privatise Coal India to improve production, suggests Ficci
Ficci has suggested privatisation of CIL to improve coal production at a time when power plants are facing an acute fuel shortage.
- Despite discount, CIL staff cool to IPO
The country's biggest initial public float, touted as a tool for financial inclusion and bringing households in the hinterland into equity ...
- CITU opposes bidding for coal blocks
The Government's decision to allow competitive bidding for coal blocks draws protest from Left labour union CITU.
- Privatisation central to coal mining policy
Indian coal industry is a classic example of a sector that despite its enormous potential has failed to make any significant impact at the ...
- Coal sector needs to be privatised: Plan Commission
The Planning Commission has stressed on the need for privatising the coal sector to boost investment in the area.
- Merchant bankers await september 7 verdict
It may not be just about HPCL and BPCL disinvestment. The September 7 meeting of the Cabinet Committee on Disinvestment is seen as crucial ...
- Coal Min seeks legal opinion over NLC selloff
NEW DELHI: The Coal Ministry has asked the Law Ministry to examine the issue of privatisation of Neyveli Lignite Corporation which is gover...