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COAL ROYALTIES
ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...- Centre taking about Rs 60,000 crore, repaying Rs 4,000-5,000 crore: VK Pandian over coal royaltyBJD leader VK Pandian criticized the central government for taking Rs 60,000 crores in coal royalty from Odisha and repaying only a fractio...
- Coal-producing states earn revenue worth Rs 1.52 lakh cr in last 9 yrs: CentreCoal-producing states earned Rs 1.52 lakh crore from royalty, DMF, and NMET in the last nine years. The coal mining sector significantly co...
- Odisha to refund excess royalty on inferior coalOdisha is expected to reimburse over ₹300 crore royalty for coal supplied by Mahanadi Coalfields Ltd (MCL), a Coal India unit, between Apri...
- Government considering views of sub-group on revision of royalty rates on coalThe Study Group has submitted its recommendations...which is under consideration with the government," Coal Minister Piyush Goyal said in a...
- No royalty holiday for Adani's coal mine in AustraliaAdani Australia said it will analyse the details of the Cabinet's decision once it was formally provided to them.
- Centre wants West Bengal to cut cess on coal, hike royaltyThe West Bengal power department called Goyal's statement an encroachment in the state's domain, echoing Chief Minister Mamata Banerjee’s a...
- Consultations underway on revision of royalty rates on coalThe royalty rates on coal and lignite were last revised in 2012 and the next revision can take place only with effect from May next year, a...
- Parameters for mineral auction to include royalty to states: SourcesGovernment revised pending royalty rates on minerals including iron ore and bauxite, move ensuring significant swelling in annual revenue o...
- Government forms panel to study revision of royalty rates on coalThe govt has constituted a panel to consider revision of rates of royalty of coal which is at the present 14% ad-valorem on price of the fo...
- Fin Min effects excise duty recovery of Rs 750 crore from CILThe alleged excise duty evasion was estimated to be about Rs 750 crore for the past two years, the sources said.
- Queensland coal levy hike may hit Indian power producers like GVK & othersThe Queensland state government hopes to raise additional $1.6 billion Australian dollars (Rs 7,202 crore) by hiking taxes on coal miners.
- CAG's estimate of coal mine loss may be lowerIf the experience of MP on coal-block auctions is anything to go by, the CAG's calculations of Rs 1,85,591-cr loss to the govt could be low...
- Coal royalty based on ad valorem profitable for states:JaiswalCoal Ministersaid state govts should not have any problems on coal-royalty based on ad valorem, as their coffers grow automatically with in...
- States to get more royalty on coal: Common man to pay more for power?An analyst with a leading research firm said higher royalty means higher coal prices, which will trickle down from power companies to commo...
- CCEA to consider new royalty regime for coal, ligniteThe Cabinet Committee on Economic Affairs (CCEA) is likely to consider tomorrow a new royalty regime for coal and lignite.
- Coal ministry considering proposal to hike royalty rates on coal and lignite blocksThe proposal is under consideration of a study group that has collected views of concerned stakeholders. The study group is analysing sugge...
- Govt to cancel under-performer lease in coal sectorCentre will decide to cancel the lease of those who are deliberately under-performing in the coal sector, Coal minister Shriprakash Jaiswal...
- Power tariff may heat up with shift in coal royaltyPower tariffs are likely to go up further as the government is planning to revise royalty rates on coal, shifting it from the current speci...
- Coal to get dearer as royalty may increase by 10-15%The input cost of power, steel and cement companies is all set to move upwards with the ministry of coal deciding to revise upwards royalty...
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