Petition has alleged that auction process created financial loss to treasury as the floor price fixed by government at Rs 150 per tonne for...

The Union Cabinet on December 24 had approved re-promulgation of the coal ordinance and necessary guidelines for mine allocations.

The 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...

In a historic judgement, the Supreme Court this year cancelled 204 mines alloted since 1993, while terming those allocations as flawed.

The phrasing creates an outcome where companies become eligible for an allotment even if they just intend to bid for a power project.

The Supreme Court will decide what to do with captive coal blocks, having deemed more than 200 allocations made since 1993 to be illegal.

The coal ministry will create a new position at the joint secretary level to handle increased workload post coalgate scam. A team of about ...