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Coal auction proceeds to cross Rs 2 lakh crore: Govt

Last Updated: Monday, March 9, 2015, 21:43

Proceeds from the ongoing coal block auctions are likely to cross Rs 2 lakh crore, surpassing CAG's estimate of Rs 1.86 lakh crore loss on account of the allocation of blocks without auction during the UPA regime.

Coal auction rains revenue bonanza; touches Rs 1.57 lakh cr

Last Updated: Sunday, March 8, 2015, 21:44

In another revenue bonanza from the ongoing auction of coal mines, the government Sunday garnered Rs 5,164 crore from sale of two more mines to Jaypee Cement and Ambuja Cements with cumulative proceeds surging to Rs 1.57 lakh crore.