Electrosteel Castings hands over coal block to CIL arm
Electrosteel Castings on Wednesday said that it has handed over Parbatpur coal block in Jharkhand along with other assets to BCCL, a subsidiary of Coal India.
Apr 08, 2015, 20:56 PM IST
Short-term fuel supply to power projects extended till June
In a fresh directive, the Coal Ministry said that supply of fuel to power plants, the blocks of which were cancelled by the Supreme Court last year, will continue till June-end.
Apr 05, 2015, 14:15 PM IST
Mineral-rich states identify 200 mines for auction
The development comes against the backdrop of government auctioning 33 coal blocks so far to garner a massive over Rs 2 lakh crore.
Apr 05, 2015, 13:28 PM IST
Coal India misses production target for FY'15 by 3%
The company's output target was 507 million tonnes for the fiscal, Coal India said in a filing to the BSE. In the financial year 2013-2014, the company had clocked production of 462.53 million tonnes of coal.
Apr 03, 2015, 15:56 PM IST
Govt makes green norms easier for new coal block allottees
In a bid to expedite operations from the recently allocated coal mines, the Environment Ministry has allowed transfer of environment clearances granted to the previous allottees to new owners without any fresh approval.
Apr 02, 2015, 18:55 PM IST
3rd round of coal auction later this month; 16 mines on block
After the success of two rounds of coal blocks auction, the government on Wednesday said the third round for 16 mines will begin later this month.
Apr 01, 2015, 22:09 PM IST
UPA must explain money lost in coal allocations: PM Modi
Terming the recent Rs 2-lakh crore coal auction as a major success, Prime Minister Narendra Modi on Wednesday said the previous UPA government should explain where did the money go when it had allocated 204 mines.
Apr 01, 2015, 17:50 PM IST
States to get Rs 466 cr as 1st tranche from coal auction
States will receive Rs 466 crore as first tranche from auction of coal blocks, while the Centre will not keep any revenue from this upfront payment by bidders, said a top official.
Apr 01, 2015, 16:36 PM IST
Coal scam: SC stays summon against ex-PM Manmohan Singh, issues notice to CBI
The apex court also issued a notice to the CBI in connection with the matter and sought its reply within three weeks.
Apr 01, 2015, 08:43 AM IST
Core sector growth slows down to 1.4% in February
The eight core sector industries — coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity.
Mar 31, 2015, 17:35 PM IST
Govt asks previous mines allottees to clear stock by April 8
Government has asked all the previous allottees of coal mines to remove by April 8 the dry fuel extracted till March 31, paving the way for smooth handover of the blocks to successful bidders.
Mar 29, 2015, 11:14 AM IST
Coal Scam: SC to hear Manmohan Singh's plea on April 1
The SC will take up for hearing on April 1 former PM Manmohan Singh’s petition challenging his summoning by the special court in connection with Coal allocation.
Mar 27, 2015, 11:54 AM IST
Identifying 15-20 mines to be auctioned: Goyal
The government has recently auctioned 33 coal blocks in two phases.
Mar 26, 2015, 14:34 PM IST
Coal scam: Ex-PM Manmohan Singh moves SC against CBI court summons
Former Prime Minister Manmohan Singh on Wednesday moved the Supreme Court against CBI summon in Coal scam case.
Mar 25, 2015, 14:57 PM IST
Govt allots 38 coal mines to central, state PSUs
The government on Tuesday allotted 38 mines to central and state public sector units including power major NTPC, DVC and steel giant SAIL.
Mar 24, 2015, 19:49 PM IST
Cancelled JSPL, Balco mines given to Coal India
The government on Monday is believed to have alloted the three cancelled coal blocks, for which JSPL and Balco had emerged as the highest bidders in the recently concluded auctions, to state-owned miner CIL.
Mar 23, 2015, 15:35 PM IST
Panel for extending short-term coal linkages again
Short-term coal linkages to end-use plants in sectors such as power, whose coal blocks were cancelled by the Supreme Court, should be further extended to June-end, an inter-ministerial panel has recommended.
Mar 22, 2015, 12:35 PM IST
Coal mines auction: Govt rejects bids of Jindal Steel, Balco
The government has cancelled bids of Jindal Steel and Power and BALCO for four coal blocks amid speculation of cartelisation.
Mar 21, 2015, 10:07 AM IST
CAG was 'very kind' in assessing losses of coal blocks allocations: FM
CAG was "very kind" when it put losses incurred due to coal blocks allocation between 2006 and 2010 at Rs 1.86 lakh crore, Finance Minister Arun Jaitley said Thursday night while highlighting that auction being undertaken by the present government had reaped much more revenue.
Mar 19, 2015, 21:53 PM IST
Post-coal bids, power cos may face Rs 1,350 cr deficit: Crisil
The recent coal block auctions might have addressed some fuel supply issues, but private power producers with nearly 10,000 MW capacity may have to face under-recovery to the extend of 65 paise per unit because of aggressive bidding, according to rating agency Crisil said.
Mar 19, 2015, 21:44 PM IST
