Coal Block Allocation

Coal block auction begins: Ambanis, Adanis in the race

Auction of coal blocks began on Saturday for the first time with corporate honchos Ambanis, Adanis and Birlas queuing up for the two mines being offered on day one.

Feb 14, 2015, 12:04 PM IST

69 applications for 36 coal blocks from PSUs like NTPC, SAIL

The maximum number of applications (9) were received for Gare Palma Sector II coal mine in Chhattisgarh, an official release said on Monday.

Feb 09, 2015, 22:32 PM IST

Vedanta bid for 14 blocks; Birla, Adani also in fray

Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.

Feb 04, 2015, 18:21 PM IST

Govt to allocate 36 coal blocks to PSUs

The government on Wednesday kick-started the process of allocating cancelled coal mines to state-owned firms, saying that it will initially allot 36 blocks.

Jan 21, 2015, 15:45 PM IST

Coal unions to go on a 5-day strike from Tuesday; power cuts likely

With coal unions across the country planning to go on a 5-day strike starting Tuesday in protest against the coal block allocation ordinance, India may face long power cuts for the next one week or so.

Jan 05, 2015, 12:11 PM IST

New norms for coal blocks not to raise power tariff: Govt

The bill, which replaces an ordinance, was brought in the wake of the Supreme Court order cancelling the allocation of 204 coal blocks on September 24 and resetting the agenda for their allocation.

Dec 12, 2014, 19:58 PM IST

Govt finalises rules for coal mines auction

The government today said it has finalised the rules for the auction of 204 coal mines that were deallocated by the Supreme Court.

Dec 12, 2014, 19:34 PM IST

Coal scam: Madhu Koda, seven others charge sheeted by CBI

Former Jharkhand Chief Minister Madhu Koda, ex-Jharkhand chief secretary Ashok Kumar Basu and six others have been charge sheeted by the CBI in a coal block allocation scam case.

Dec 12, 2014, 12:25 PM IST

Coal scam: CBI chargesheets ex-Jharkhand CM Madhu Koda as accused

Former Jharkhand chief minister Madhu Koda was on Friday chargesheeted as accused by the Central Bureau of Investigation (CBI) in the coal blocks allocation scam case.

Dec 12, 2014, 11:32 AM IST

Plan to get clearances for 112 mines before auction: Govt

Government is looking at the possibility of putting in place all clearances for 112 mines before they are auctioned in the second phase, so that they fetch higher revenue for the exchequer, a top official said Wednesday.

Dec 10, 2014, 19:04 PM IST

Coal Scam: ED seizes Vijay Darda shares worth Rs 24.5 crore

Earlier, special CBI Judge Bharat Parashar asked the CBI to file a progress report of its probe on December 19.

Dec 09, 2014, 11:05 AM IST

Govt seeks info on mine cancellation impact on state finances

The Centre has asked states to furnish information on their finances impacted due to recent cancellation of coal block allocations and penalties imposed by the Supreme Court.

Dec 05, 2014, 18:59 PM IST

Coal Scam: Dasari Narayana Rao requests ED to summon him next week

The 66-year-old Rao, a Congress MP from Andhra Pradesh, was Minister of State for Coal between 2004 to 2006 and in his second term from 2006 to 2008.

Nov 26, 2014, 14:37 PM IST

Coal Ministry asks allottees to give full information by Nov 25

The required information includes details on environment clearance, production and land status.

Nov 17, 2014, 08:52 AM IST

Govt to complete coal block allotment by Feb: Coal Secy

The government is planning to complete coal block allocation through auction by February next year, a top official said Wednesday.

Nov 12, 2014, 23:28 PM IST

Work out a plan to deal with coal supply: PMO to CoalMin

Nripendra Misra, Principal Secretary to Prime Minister Narendra Modi, had written earlier to the Coal Ministry regarding the contingency plan to deal with the implications of the Supreme Court's judgement on coal block allocation.

Oct 12, 2014, 11:54 AM IST

Coal scam: Court pulls up CBI for trying to segregate cases

A special court on Wednesday pulled up the CBI for trying to segregate one of the cases arising out of the coal block allocation scam to keep it away from being tried by it and seeking its transfer to a regular court.

Oct 01, 2014, 18:55 PM IST

Coal blocks' players may have to pay Rs 10K-cr as fine: Crisil

With cancellation of 214 coal blocks, the players of operational units may have to shell out Rs 10,000 crore as fine, rating agency Crisil has said.

Sep 24, 2014, 23:32 PM IST

Hope govt will devise relief plan: Birla on coal blocks order

In a major blow to the corporate sector, the Supreme Court today quashed allocation of 214 out of 218 coal blocks which were alloted to various companies since 1993.

Sep 24, 2014, 19:24 PM IST

Coal scam: SC ruling likely to hit economy, says India Inc

Currently, about 42 blocks are producing coal to the tune of 53 million tonnes and account for 10 percent of the total coal supplied in the country.

Sep 24, 2014, 19:13 PM IST