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Coal Auction News

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Govt plans to auction 17 non-operational mines surrendered by PSUs

The government plans to put on auction 17 mines surrendered by public sector undertakings which could not put the blocks…

August 24, 2022 12:59 IST

States to get incentives for successful auction, identification of mineral blocks

CEOs of various mining companies will be brainstorming on important issues pertaining to the country’s mining sector during the round…

July 9, 2022 14:51 IST

Govt to reduce tax burden on investors in non-coal blocks: Cascading of royalty to be removed

Royalty is levied on per tonne basis or as a percentage of sale price on ad valorem basis.

June 20, 2022 05:40 IST

In the same momentum, at 48.4 MTs in February this fiscal, CIL posted a 22% growth in supplies to the power sector, a 8.6 MTs jump, compared to 39.8 MTs of February last fiscal.

Coal supplies to power sector to be further stepped up in remaining of March: CIL

The challenge was met despite unpredictability of the coal demand a coal fired power plants’ generation were muted during previous…

March 5, 2022 00:45 IST

The ministry has not yet fixed any time line as to when the first phase of auction would be rolled out for selecting MDOs, a senior CMPDIL executive said.

CIL to retain ownership of 100 mines proposed for offer

CIL’s panning and designing arm, Central Mine Planning and Design Institute ( CMPDI) has been engaged to identify such mines…

March 2, 2022 20:02 IST

Cabinet Decisions: Open market for coal gets a leg up

The common e-auction window will increase operational efficiencies and lead to an increase in domestic coal demand, the coal ministry…

February 27, 2022 05:00 IST

CIL looking to offer over 100 closed, discontinued mines to private sector

The coal ministry is hopeful that the collaboration with the private sector will enhance productivity and lead to production of…

February 24, 2022 20:21 IST

Forty two coal mines auctioned till date for commercial mining, says Centre

The 10 blocks sold this week are projected to generate an annual revenue of Rs 2,858.20 crore, the ministry said.

February 12, 2022 15:21 IST

Commercial coal auctions: Three out of eight coal mines in Adani firms’ kitty

It had also won the Jhigador mine in Chhattisgarh on the first day of auctions on Monday, while Adani Power…

August 5, 2021 02:45 IST

Coal India share price falls 1% on Monday as Sensex, Nifty end in red

Coal India share price fell over 1 per cent to Rs 147.20 apiece on BSE on Monday, 28 June 2021.

Updated: June 28, 2021 16:42 IST

coal India, Coal industry, coal mines, coal in India, Coal industry in India, coal mines in India

Coal auction to get Rs 3.45 lakh cr; Rs 36,000 cr saving via DBT: Govt

Auction of coal blocks being done will bring Rs 3.45 lakh crore to the nation’s kitty and Rs 36,500 crore…

May 29, 2016 19:59 IST

Eastern states eye Rs 1,280 cr as coal auction proceeds

Coal-rich eastern states are in for a bonanza as they will get close to Rs 1,280 crore from the latest…

November 22, 2015 16:08 IST

Govt sets ball rolling for e-auction of eight coal mines

The government has already mobilised over Rs 3 lakh crore in the first three rounds of coal auction and allotment.

November 19, 2015 14:49 IST

Coal auctions: Govt raises Rs 4,364 crore in third round

The third tranche of coal auctions that came to an end today saw the government kitty swell by a total…

Updated: August 14, 2015 08:00 IST

Third round of coal auction takes off; JSPL, others in race

The third phase of coal auction started on Tuesday, with companies such as Jindal Steel and Power (JSPL) and Godawari…

August 11, 2015 12:29 IST

Phase 3 of coal mines auction to begin on Tuesday; JSPL, Hindalco, Vedanta and JSW Steel in fray

Third leg of coal mines auction will kick-off from Tuesday with firms like JSPL, Hindalco, Vedanta and JSW Steel in…

Updated: August 10, 2015 16:02 IST

Third tranche of coal auction from Tuesday; 22 bids qualify

The third tranche of coal auction will begin next week and 22 applications from companies including Hindalco, Vedanta, JSW Steel…

August 8, 2015 22:14 IST

Small bidders wary of methodology for CIL output auction

The coal ministry has announced that state-run Coal India Limited’s (CIL) output, which is given to its buyers through linkages…

Updated: June 15, 2015 08:02 IST

Centre to auction ten coal mines in third round by August

The government will issue tenders inviting technical and financial bids for the mines from June 8. The last date for…

Updated: June 5, 2015 10:12 IST

HC calls Coal India’s reason for cancelling e-auction of coal ‘absurd’

Citing lack of requisite permissions to operate the two mines in Chhatisgarh even after a month of applying for it,…

May 27, 2015 00:34 IST

Centre to soon allot coal blocks to states, PSUs for commercial mining

The Centre will soon allot coal blocks to state governments and state entities for commercial mining so that consumers…

Updated: April 6, 2015 11:30 IST

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Auctions best for natural resource allocation

The govt will get R3 lakh crore from the spectrum and coal auctions. However, the more important gain is a…

April 1, 2015 00:13 IST

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Salman Khan verdict, BSE Sensex, Coal block auction, gold price, more

In a huge relief for Salman Khan, the Bombay High Court today acquitted him in the 2002 hit-and-run case, ruling…

December 10, 2015 19:23 IST

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