Adani in talks with buyers to sell coal from Australian mines

Last Updated: Monday, March 9, 2015, 13:03

The company also said that it has signed certain letters of intent with these power utilities and coal traders as part of discussions to sell the fuel.

Aditya Birla group firm Hindalco wins another coal mine

Last Updated: Thursday, February 19, 2015, 10:48

Hindalco has bagged two mines out of the 13 put on offer so far.

Govt to start afresh Wednesday mine allotment process to PSUs

Last Updated: Tuesday, February 17, 2015, 22:33

The government will Wednesday start afresh the process for allotting coal mines to state and central PSUs and will now allot 43 blocks, instead of 36 announced earlier.

Coal auction: Balco, Jaiprakash Power, OCL Iron & Steel bag 1 mine each

Last Updated: Tuesday, February 17, 2015, 21:19

Balco, Jaiprakash Power Ventures and OCL Iron & Steel bagged one mine each on the fourth day of coal auction Tuesday, taking the total number of blocks sold via bidding to 11.

Hindalco bags Kathautia coal mine

Last Updated: Sunday, February 15, 2015, 19:28

On the second day of coal auction, Hindalco Industries today walked away with a coal mine in Jharkhand.

GMR, Reliance Cement bag blocks in first coal auction

Last Updated: Saturday, February 14, 2015, 18:47

The maiden auction of coal mines got under way Saturday, with GMR and Reliance Cement bagging one mine each for an estimated Rs 1,375 crore and Rs 798 crore respectively.

Bidders concerned over reverse bidding in coal mine auction

Last Updated: Friday, February 13, 2015, 17:58

Ahead of the coal block auction, several players in steel and power sectors have aired their reservations about the reverse bidding mechanism and have raised a lot of queries on the same with the government.

Odisha taking steps to expedite coal block development: Secretary

Last Updated: Saturday, February 7, 2015, 21:39

The state government has already formed one SPV for construction of railway lines in Talcher Coal Block area.

Adani's coal mine project hit by ownership controversy

Last Updated: Saturday, February 7, 2015, 15:17

Indian mining giant Adani's 16 billion dollar mining project in Australia's Queensland state has been hit by another controversy over the ultimate ownership of the Abbot Point Port lease which reportedly could be controlled by a complex network of companies.

Coal auction: Govt gets 176 technical bids for 23 mines

Last Updated: Tuesday, February 3, 2015, 21:24

JSPL, GVK Power and Monnet Ispat are among the bidders for 23 coal blocks on offer in the first tranche of the ongoing auction, for which the government received a total of 176 preliminary bids on Tuesday.

Coal India's base issue size of 5% fully covered

Last Updated: Friday, January 30, 2015, 15:22

The government`s sale of a 5 percent stake in Coal India Ltd was fully covered by 2.33 p.m. on Friday, data from stock exchanges showed. The offering has a green shoe option, or provision to sell an additional stake of 5 percent.

CIL down 4% as floor price for stake sale set at a discount

Last Updated: Friday, January 30, 2015, 12:19

The retail category of 12.63 crore shares got bids for over 7.20 lakh shares (0.57 percent). The general category of over 50.53 crore shares were subscribed nearly 0.75 percent.