Govt wants CIL to keep coal prices low for cheaper power

Last Updated: Thursday, June 25, 2015, 15:19

The government wants state-run CIL to keep coal prices low for cheaper power tariff, a top official said on Thursday.

CIL may exceed production target by 60 mt this year: Coal secy

Last Updated: Tuesday, June 9, 2015, 19:39

Coal India is likely to increase its production by over 60 million tonne in the current financial year on account of measures taken by the state-run firm, a senior government official said Tuesday.

Govt to auction 10 mines in 3rd tranche by August: Coal Secy

Last Updated: Thursday, June 4, 2015, 17:27

Government on Thursday said it will auction 10 coal mines in the third tranche with reserves of 858.19 million tonnes for steel, cement as well as captive power plants and the process will be completed by August end.

Coal India pit-head stocks swell ahead of peak demand

Last Updated: Tuesday, June 2, 2015, 17:19

Coal India has mined enough coal to be able to meet the needs of power plants for the next 40 days, Coal Secretary Anil Swarup said, a comfortable stocks position for a country used to summer blackouts and large imports of the fuel.

Mechanism for auction of coal linkages by June-end: Coal Secy

Last Updated: Wednesday, May 13, 2015, 16:53

Linkages are assured supply commitments from Coal India to a company that has an end-use plant and needs fuel to run it.

Coal imports jump 34 percent in 2014/15

Last Updated: Tuesday, April 14, 2015, 16:55

Coal Secretary Anil Swarup estimated imports of 200 million tonnes for 2014/15 and 160 million tonnes for the 2015/16 fiscal year.

Coal auction unlocks Rs 4,00,000 crore: Secy

Last Updated: Sunday, April 5, 2015, 17:29

Till now, 29 blocks have been auctioned and another 38 allotted to the state-owned entities.

Bids for 9 coal mines being re-examined; decision by weekend

Last Updated: Tuesday, March 17, 2015, 18:59

The government is re-examining the bids for nine recently auctioned coal blocks, including those where Balco emerged top bidders, amid speculation of cartelisation during the bidding process.

Auction of coal mines to lower power tariff: President

Last Updated: Monday, February 23, 2015, 15:57

The government is committed to bringing transparency in the allocation of natural resources including coal, the auctions for which have started and would result in lowering power tariff, President Pranab Mukherjee said today.

Balco bags one more mine in Chhattisgarh

Last Updated: Saturday, February 21, 2015, 16:53

Bharat Aluminium Company (Balco) bagged one more coal block on the eighth day of the auction, taking the total number of mines sold so far through the ongoing auction to 18 that will generate an estimated over Rs 1 lakh crore for respective states.