Centre needs to rationalise coal prices: Goyal

Last Updated: Friday, August 28, 2015, 22:35

The Centre needs to rationalise the prices of certain grades of coal as per gross calorific value (GCV) but there is no need to align them to international rates, Union Coal and Power Minister Piyush Goyal said here on Friday.

Panel on coal linkage auction to meet this week

Last Updated: Wednesday, August 19, 2015, 15:30

The government is considering a policy for coal linkage auction and has sought comments from stakeholders on its draft auction methodology.

Coal auction has curbed corruption: PM

Last Updated: Saturday, August 15, 2015, 11:02

Prime Minister Narendra Modi said on Saturday that around Rs.3 lakh crore will come into the government exchequer from the auction of coal blocks that helped curb corruption.

Jharkhand coal block auction put off

Last Updated: Wednesday, August 12, 2015, 14:08

The government on Wednesday deferred the auction of Chitarpur coal mine in Jharkhand due to a court case.

Coal auction Day 1: Govt garners Rs 2,529 crore from 2 mines

Last Updated: Tuesday, August 11, 2015, 21:10

The first day of third tranche of coal mines auctions Tuesday saw government garnering a total of Rs 2,529 crore from bidding of two blocks in Chhattisgarh and Maharashtra.

Third tranche of coal auction from Tuesday, 22 bids qualify

Last Updated: Saturday, August 8, 2015, 21:53

"Out of the total applications we received, 22 were found to be technically valid," an official said.

Coal auctions: 10 mines up for bidding in August

Last Updated: Thursday, July 23, 2015, 23:58

The government will put 10 more coal mines up for auction in the third phase in next month, parliament was told on Thursday.

Govt to create two e-auction windows

Last Updated: Friday, July 3, 2015, 17:18

The government will create two dedicated e-auction windows for coal, targeted at the stressed power companies without blocks or linkages till the new framework is out.

Mine clearance status of companies up for govt review

Last Updated: Sunday, June 28, 2015, 12:12

The Coal Ministry this week will hold a review meeting with companies, including Adani Power, Essar Power and GMR, to evaluate status of transfer of various clearances and schedule of opening of coal mines allocated to them through auction recently.

Govt to put 8 coal mines on block post 3rd round of auction

Last Updated: Wednesday, June 24, 2015, 14:27

The government will put on the block eight more mines after 10 mines are auctioned in the third phase, for which the process has already begun, a top official on Wednesday said.

Coal Ministry invites bids for third round of auction

Last Updated: Monday, June 8, 2015, 22:06

The government Monday kick-started the process for auction of 10 coal blocks in the third tranche, inviting bids from companies engaged in sectors like steel, cement and captive power generation.

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.