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Coal Blocks News

Coal ministry conducts auction of 10 more coal blocks

E-auction for eight coal mines has been conducted on September 13, and the auction for the remaining two coal mines…

September 15, 2022 00:05 IST

Coal-fired units at 62% PLF may see 5-year high operating profit

According to a power ministry report, the PLF is expected to increase from an average 58-60% to a steady 62%…

September 7, 2022 03:00 IST

Coal, coal stock, coal in India, coal blending norms, coal India

Modi govt eases imported coal blending norms for power producers

The move came after power ministry reviewed the coal stock in the country.

August 2, 2022 20:38 IST

Vedanta to bring into operation two coal blocks in FY23

The company bagged the Jamkhani coal block in 2019 and the Radhikapur West coal block in 2020 in auctions.

July 17, 2022 12:26 IST

He went on to add that China's inability to procure sufficient coal from Australia accentuated electricity problems for the yarn makers there.

Surat’s weavers battle soaring import bills

Even prices of domestically manufactured yarn are soaring to new highs as the companies producing man made yarns are also…

July 16, 2022 01:00 IST

Auction of 15 mineral blocks quashed

Of the 32 blocks auctioned, 10 are manganese, eight are limestone, seven are iron ore, five are bauxite and one…

July 10, 2022 10:47 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

Coal stock at over 52 MT, enough for about 24 days’ requirement of power plants

Even by the end of second quarter, coal stocks remain high at CIL mines when stocks are low at thermal…

June 19, 2022 17:02 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

CIL’s FY21 revenue/Ebitda/PAT improved significantly in H2FY21, but was still lower by 6.3%/15.3%/23.9% y-o-y at Rs 900/186/127 bn, respectively, due to the severity of H1FY21 earnings.

Coal India rating – Buy: A good final quarter for the company

E-auction realisations up further; dividend stability to continue; FY22 will be lot better than FY21; ‘Buy’ retained with TP of…

June 19, 2021 02:00 IST

The Kolkata-headquartered company had last hiked coal prices in 2018. Its current average regulated price realisation is Rs 1,394 per tonne.

Coal India to start producing CBM from Jharkhand block

Central Mine Planning and Design Institute, CIL’s consultancy arm, has been involved as the principal implementing agency for the CBM…

June 18, 2021 01:05 IST

Steel ministry suggests coal blocks for direct allocation to PSUs

Contending that it was imperative for the government to provide some sort of raw material security to steel PSUs, the…

Updated: January 8, 2016 02:15 IST

Ministry to states: No land revaluation of coal blocks

Ruling out any fresh land valuation of the recently-auctioned coal blocks, the coal ministry has held that the existing character…

October 16, 2015 08:31 IST

All coal blocks would become operational soon: Piyush Goyal

Union Minister of State for Power and Coal (independent charge) Piyush Goyal today said here that all the coal blocks…

Updated: June 24, 2015 00:52 IST

Govt, bankers discuss ways to fix stressed infrastructure projects

While bankers found comfort in the government’s initiative to discuss and fix problems in projects, the RBI was said to…

April 29, 2015 01:22 IST

coal blocks, coal blocks auction, coal block auctioned, coal ministry, power sector, coal blocks bids, business news

Don’t ink fresh fuel supply pacts with buyers: Panel to CIL

Linkages are given by CIL to companies for their projects which have no captive coal mines.

March 25, 2015 08:12 IST

Gencos could lose Rs 1,350 cr in FY16

Private power producers with combined capacity of 10 GW that have got coal blocks under the recent auction will incur…

Updated: March 20, 2015 04:56 IST

Industry bodies express ‘shock’ over decision to hold back 8 coal blocks

Write to coal ministry citing transparency of bidding process in auction

Updated: March 20, 2015 04:57 IST

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The landmark rulings of 2014: Coal blocks, Sahara, Black money, Jayalalithaa and more

January 3, 2015 05:49 IST

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