E-auction of coal blocks to boost investor confidence: Report
Auction of coal blocks is likely to be held in the second week of February, while letter of accord/vesting order is to be issued to bid winners by March 16.
Nov 21, 2014, 22:47 PM IST
'Govt planning to auction more than 74 coal mines in 1st lot'
The Centre is considering adding some more mines to the first lot of 74 blocks for auction to meet the growing demand for the fuel, Coal Secretary Anil Swarup said on Friday.
Nov 21, 2014, 22:44 PM IST
Coal scam: Court refuses CBI closure report, directs further probe
A special court on Thursday refused to accept a closure report by CBI and directed it to further investigate an alleged scam in coal blocks allocation, involving Congress Rajya Sabha MP Vijay Darda, saying he had misrepresented facts in letters written to then Prime Minister Manmohan Singh.
Nov 20, 2014, 13:12 PM IST
Coal auction to begin in Feb; Govt aims to keep lid on tariff
The keenly awaited auction of coal blocks will be held around February 11 but power tariffs are unlikely to shoot up following bidding, expected to be intense, as the government has put in place norms to regulate the bid war.
Nov 19, 2014, 18:26 PM IST
Coal blocks auction only to specified end-users: Govt
With the government gearing up for the auction of coal blocks, Coal Secretary Anil Swarup on Wednesday said the auction would be specified only to the end-users.
Nov 19, 2014, 17:09 PM 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
Coal scam: Court directs CBI to further probe against ex-Coal Secy
The acts of former Coal Secretary H C Gupta and two other government officials overlooking the misrepresentation by Navbharat Power Pvt Ltd (NPPL) for getting coal block prima facie amounts to criminal misconduct, a special court on Wednesday said directing the CBI to further investigate the case.
Nov 12, 2014, 12:32 PM IST
Panel 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 IST
Coal scam: CBI seeks time to complete further investigation
CBI Monday sought more time to complete its investigation in a coal block allocation scam case in which the agency's Director had received flak from a special court for approving a closure report without any legally sustainable "reasons or logic".
Nov 10, 2014, 22:00 PM IST
Panel meet Tuesday to decide coal reserve price
An inter-ministerial panel is likely to meet on Tuesday to discuss the methodology for fixing reserve price for auction of coal blocks.
Nov 10, 2014, 18:47 PM IST
Coal scam: Enough evidence to proceed case against KM Birla, PC Parakh, says CBI
The court after hearing the submissions advanced by Cheema and CBI prosecutors V K Sharma and A P Singh fixed the matter for November 25 for consideration of the agency's closure report.
Nov 10, 2014, 13:19 PM IST
Rules for coal block auctions being prepared carefully: Goyal
Goyal, who is the Minister of State for Coal and Power, exuded confidence that mines that would be auctioned would adequately satisfy the needs of existing power plants.
Nov 07, 2014, 18:44 PM IST
Strike threat not alarming, to initiate dialogue shortly: CIL
Coal mining major Coal India today said the impact of the day-long strike call by four major trade unions on November 24 will not be "alarming"
Nov 02, 2014, 13:35 PM IST
1st meet of panel on Wed to assess cancelled coal mines' value
The committee, set up for valuation and assessment of the 42 running coal blocks that were deallocated by the Supreme Court recently, will meet for the first time on Wednesday.
Nov 02, 2014, 12:48 PM IST
About 60% thermal plants suffer acute coal shortage: CEA
Around 60 percent of the total 103 thermal power projects in the country are reeling under acute coal shortage with less than a week's stock at their disposal, according to official data.
Nov 02, 2014, 12:41 PM IST
CoalMin to set up panel for valuation of 42 running blocks
The Coal Ministry has decided to constitute a six-member panel for valuation and assessment of the 42 running coal blocks which were deallocated by the Supreme Court.
Oct 31, 2014, 15:18 PM IST
Ex-coal secretary HC Gupta, two govt officials get bail
Former coal secretary and four others, including two serving government officials, were Friday granted bail by a Special Court in connection with a coal blocks allocation scam case.
Oct 31, 2014, 12:13 PM IST
Adani hires Parsons Brinckerhoff for Australia coal project
ndian conglomerate Adani Wednesday named the US-based Company Parsons Brinckerhoff as its project management contractor for the long-delayed USD 15 billion Carmichael mine, rail and port project in Australia.
Oct 29, 2014, 09:11 AM IST
Govt appoints committee to assess compensation for coal blocks
Days after promulgating an ordinance to e-auction Supreme Court-cancelled coal blocks, the government has formed a committee headed by former CVC Pratyush Sinha to assess compensation to be paid for taking over running or ready to produce mines.
Oct 28, 2014, 14:21 PM IST
Centre asks coal block allottees to give land and mine details
The Centre has asked coal block allottees, whose licences were quashed by the Supreme Court, to provide land and mine infrastructure details by November 10 for the purpose of compensation under the Ordinance which has got the Presidential approval.
Oct 26, 2014, 14:25 PM IST
