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Redcar's Blast Furnace demolished; end of an era for UK's Teesside steelmaking. Read detailsRedcar, the iconic steel manufacturing plant on Teeside, was demolished on Wednesday, November 23. The public had been asked to watch the d...- Sunflag Iron & Steel emerges as highest bidder for coal block in MaharashtraThe bid by Kolkata-based firm Shreesatya Mines Private Ltd for partially explored Rauta Closed mine in Jharkhand is the highest so far by a...
- Green norms relaxed for Gare Palma mines as interim measureThe environment ministry has relaxed green norms on an interim basis for two Chhattisgarh coal mines given to Coal India's custody, in orde...
- Government allots 38 coal mines to central, state PSUsThe move comes on the heels of the auction of 33 coal blocks in two tranches to private companies with the government garnering over Rs 2 l...
- Cancelled JSPL, Balco mines given to Coal India"Three coal blocks - Gare Palma IV/1, IV 2 and IV 3 under Schedule II mines (blocks under production) have been today alloted to Coal India...
- Government re-examining bids for nine auctioned coal blocks: Anil SwarupHe reiterated that the government was only re-examining and not reviewing, "because there was no decision taken. Review happens when you ta...
- Coal auction: Govt names 8 winners in second lot; withholds 6 namesThe names of successful firms pertaining to six coal blocks that went under the hammer in the second lot are missing from the govt's list o...
- Government holds back awarding 5 coal blocks from round II for examining low bidsAward of three producing blocks auctioned in round I has also been held back for similar reasons. A decision on those is likely to be made ...
- Government to issue ownership rights of 15 coal mines on March 23As many as nineteen mines under Schedule II (already in production) category were auctioned in the first leg held between February 14 and F...
- Monnet Power Company bags Utkal-C coal block for Rs 9,537.22 croreThe cumulative revenue to the exchequer has reached Rs 1.74 lakh crore from the sale of 32 mines so far, including Rs 1 lakh crore from sal...
- Jaypee Cement bags mine in Madhya Pradesh, Ambuja in ChhattisgarhJaypee Cement bagged the mine, which was earlier allotted to MP Cement Mining Corporation, for an estimated Rs 2,473 crore.
- CIL board gives nod to East Corridor Rail project"During the last board meeting, the East Corridor Railway project in Chhattisgarh was approved," a senior Coal India official told PTI.
- First round of coal block auctions to yield Rs 1 lakh crore to statesCoal India is relying on timely completion of three critical railway lines and timely land acquisition and green clearances.
- 43 coal blocks earmarked for allotment to PSUs; Sitanala block marked for steelThe only mine for steel was part of the schedule III while the coal mines for power companies vary between Schedule I, II and III.
- Coal block allocation: 69 requests from PSUs like NTPC, SAIL, NALCO for 36 blocksThe ministry will award the blocks on a nomination basis to the govt cos based on the preparedness of their end-use plants and proximity to...
- PSUs to pay Rs 100-150 per ton on coal besides upfront paymentBesides, they will not be permitted to use the coal extracted from mine for any purpose other than utilisation for Specified End Use.
- Government likely to auction 49 coal blocks to private companies in pilot roundA panel set up to earmark coal blocks for auction to private cos has recommended sparing 8 blocks for private cement cos, a govt official s...
- Coal Ministry slaps notices on 14 firms for delays in mine developmentThe government had formed the IMG last year to review the progress of coal blocks allocated to firms for captive use and recommend action.
- Government slaps show-cause notices on 27 more coal block allotteesThe decision was taken by the ministry this week, a top Coal Ministry official said, while refusing to reveal the names of the companies.
- IMG recommends issuing showcause notices to 40 more coal minesAn IMG has recommended issuing show cause notices to companies including JSPL, HZL and Ultratech for delaying production from around 40 min...
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