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...
04 Aug, 2022, 09.07 AM IST
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...
08 Aug, 2018, 05.55 PM IST
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.
26 May, 2017, 05.11 PM IST
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...
23 Aug, 2016, 11.34 AM IST
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...
16 Dec, 2014, 03.25 PM IST
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...
21 Nov, 2014, 06.10 PM IST
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...
23 Jul, 2014, 05.32 PM IST
- Fin Min effects excise duty recovery of Rs 750 crore from CIL
The alleged excise duty evasion was estimated to be about Rs 750 crore for the past two years, the sources said.
24 Mar, 2013, 10.23 AM IST
- Queensland coal levy hike may hit Indian power producers like GVK & others
The Queensland state government hopes to raise additional $1.6 billion Australian dollars (Rs 7,202 crore) by hiking taxes on coal miners.
12 Sep, 2012, 01.24 PM IST
- CAG's estimate of coal mine loss may be lower
If 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...
28 Aug, 2012, 11.32 AM IST
- Coal royalty based on ad valorem profitable for states:Jaiswal
Coal Ministersaid state govts should not have any problems on coal-royalty based on ad valorem, as their coffers grow automatically with in...
27 Apr, 2012, 10.56 PM IST
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...
12 Apr, 2012, 07.27 PM IST
- CCEA to consider new royalty regime for coal, lignite
The Cabinet Committee on Economic Affairs (CCEA) is likely to consider tomorrow a new royalty regime for coal and lignite.
11 Apr, 2012, 09.31 PM IST
- Coal ministry considering proposal to hike royalty rates on coal and lignite blocks
The proposal is under consideration of a study group that has collected views of concerned stakeholders. The study group is analysing sugge...
07 Sep, 2011, 06.21 PM IST
- Govt to cancel under-performer lease in coal sector
Centre will decide to cancel the lease of those who are deliberately under-performing in the coal sector, Coal minister Shriprakash Jaiswal...
13 Apr, 2011, 05.32 PM IST
- Power tariff may heat up with shift in coal royalty
Power tariffs are likely to go up further as the government is planning to revise royalty rates on coal, shifting it from the current speci...
27 Dec, 2006, 03.01 AM IST
- 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...
06 Sep, 2006, 12.50 AM IST