Govt okays methodology to fix upfront payment for coal minesThe government last month approved allotment of coal blocks to PSUs for sale of the fossil fuel mainly to medium, small and cottage industr...
10 Jan, 2016, 12.21 PM 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 hikes royalty rates on mineralsGovt gave nod to increasing royalty rates on minerals including iron ore and bauxite, a long-awaited move that will significantly swell ann...
20 Aug, 2014, 09.46 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
- Govt expects royalty from minerals to double
The government today said revenues from minerals are likely to almost double after the implementation of the proposed Mines legislation.
29 Oct, 2012, 10.44 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
- New royalty rates for minerals like iron ore in August
The government today said it will finalise new royalty rates for major minerals other than coal, lignite and sand by August this year.
09 Feb, 2012, 10.27 AM IST
- Mining cos paid Rs 4,488 cr royalty to states last fiscal
The contribution of mining firms, excluding those producing coal and lignite, to the state exchequers as royalty rose by a little over 9 pe...
07 Dec, 2011, 05.41 PM IST
- Expert group to meet this week to review royalty on minerals
n expert group of the Mines Ministry will hold its first meeting this week to review the royalty rates, due for revision next year, for all...
16 Oct, 2011, 01.22 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
- Iron ore royalty may see 10-fold increase
In what may impact the business plans of companies like Tata Steel, SAIL, Posco and LN Mittal group’s Mittal Steel, the government is prepa...
13 Mar, 2008, 12.28 AM 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