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COALBLOCK AUCTION
SC notice to govt on PIL in mining lease caseNot only should the allottees be prosecuted, but the market value of the mined mineral also be recovered from them, the PIL demanded.- Government looks to award coal blocks on production or revenue sharing modelThe committee will be headed by former chief vigilance commissioner Pratyush Sinha, and Arundhati Bhattacharya and exchief of Union Bank of...
- Government to auction 10 coal mines to steel, cement firms in next roundThe government will invite technical and financial bids for the mines and the last date for submission of the documents will be July 21.
- Advocate ML Sharma files petition in Supreme Court seeking cancellation of coal blocks sale to private power firmsPetition has alleged that auction process created financial loss to treasury as the floor price fixed by government at Rs 150 per tonne for...
- Coal auction: 7 mines in Chhattisgarh, 6 in Madhya Pradesh are on offerThe Union Cabinet on December 24 had approved re-promulgation of the coal ordinance and necessary guidelines for mine allocations.
- After pitch-dark 2014, coal aims to discard scam taint in 2015The companies that had got these mines claim to have invested close to Rs three lakh crore in the coalblocks and further Rs four lakh crore...
- Controversies, concerns and cancellations: Coalbazaari in 2014In a historic judgement, the Supreme Court this year cancelled 204 mines alloted since 1993, while terming those allocations as flawed.
- Ambiguous phrasing of coal rules can be misread: ExpertsThe phrasing creates an outcome where companies become eligible for an allotment even if they just intend to bid for a power project.
- Coal Block Allocation Case: SC to take a call on captive blocks on MondayThe Supreme Court will decide what to do with captive coal blocks, having deemed more than 200 allocations made since 1993 to be illegal.
- Coal ministry to appoint additional JS to cope with increased workloadThe coal ministry will create a new position at the joint secretary level to handle increased workload post coalgate scam. A team of about ...
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