More than 74 blocks to be auctioned in 1st phase: Official
The government in a day or two will finalise the number of coal blocks to be auctioned or allotted over and above the 74 mines that will be put up for sale in the first lot of bidding on February 11, an official said Monday.
Nov 24, 2014, 22:32 PM ISTPanel to seek Cabinet nod for coal reserve price methodology
An inter-ministerial panel Tuesday decided the methodology for fixing the reserve price for coal auction and will seek the Cabinet approval for the same.
Nov 11, 2014, 21:56 PM ISTCIL trade unions caution against de-nationalisation of mines
Cautioning against any attempt to de-nationalise coal mines, the five operating trade unions of Coal India Ltd (CIL) have said they will meet shortly to decide the future course of action.
Oct 24, 2014, 21:01 PM IST'Firms which lost mines should have refusal right in auction'
The economy will be severely impacted if the government fails to re-allocate the cancelled blocks within six months, Parakh said.
Sep 24, 2014, 18:06 PM ISTCoal block auctions likely by end of current financial year
The apex court will continue the hearing on the fate of coal blocks allotted between 1993 and 2011 on Tuesday. Last month, the Supreme Court had held that all 218 allocations made from 1993 to 2011 are illegal and arbitrary.
Sep 08, 2014, 15:23 PM ISTGovt to ask cos to return de-allocated coal blocks for auction
To restart coal block auction, the government will coax companies to return the de-allocated coal mines, an official has said.
Aug 15, 2014, 09:29 AM ISTGovt cancels auction of 3 coal blocks: Goyal
Of three blocks two are in Jharkhand and one is in West Bengal.
Aug 07, 2014, 15:24 PM ISTFirst action plan to modernise CIL mines may be drawn in Oct
The state-owned firm has been drawing flak for missing the production targets.
Aug 01, 2014, 16:04 PM ISTCoalMin to review status of formation of JV, SPV next week
The Coal Ministry had earlier asked states to advise the companies that have been allocated mines to either form SPVs or JVs for projects.
Jul 29, 2014, 12:31 PM ISTGovt contemplating auctioning 25 deallocated coal blocks
The Coal Ministry is considering auctioning 25 captive coal blocks which where taken back from the companies due to their failure in developing them.
Jul 01, 2014, 14:26 PM IST