coal blocks

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 Rs 234

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 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 development in its leasehold areas. Around 80% of the CBM bearing areas come under the co

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

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 steel ministry has written to its coal counterpart suggesting specifically the blocks that can be directly

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 of the land is sacrosanct and needs no fresh assessment.

coal allocation

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 in the country will become operational in the next couple of months.

Piyush Goyal

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 be highly reluctant in giving any more forbearance on lending to such projects.

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.

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

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 under-recovery of 65 paise per unit...

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

Write to coal ministry citing transparency of bidding process in auction

Ex-PM Manmohan Singh called to court in coal case

KM Birla, Parakh, 2 Hindalco officials summoned as well

manmohan singh, manmohan singh coal scam, Coal scam, Coal blocks, Coalgate, coalgate scam, Aditya Birla Group, Hindalco Industries

Govt delays coal block allocation to state-run units

The government has delayed the allotment of 43 coal blocks to the state-owned entities in what is seen as a bid to leverage the awards to...

Jindal Power, Hindalco industries win coal blocks

Jindal Power Ltd today bagged two coal mines in Chhattisgarh for an estimated Rs 1,679 crore, while Aditya Birla group-firm Hindalco...

coal allocation

Indian coal block auctions see aggressive bidding on supply concerns

Indian metal and cement companies have bid aggressively for coal blocks in the country's first auctions to sell mines as they...

coal allocation

Delhi govt to bid for coal block

The Delhi government today decided to bid for coal blocks with an aim to set up new power plants and increase its own electricity generation...

New Delhi, delhi Govt, Coal blocks, delhi govt coal blocks

Delhi HC allows more bidders in coal mine auction

The companies that got the relief are Sesa Sterlite, a part of the London-listed Vedanta Resources, Raipur-headquarterd Sarda Energy and Minerals, and Delhi-based Usha Martin.

Supreme Court, Coal blocks, Coal ordinance

Ahead of coal blocks auction, Centre adds another land wrinkle

Even after 176 technical-cum-financial bids have been received by it for the first set of 23 captive coal blocks, the government continues...

coal india

GVK suit shows perils of coal block compensation rider; could vary 10 times

Creating uncertainty over the costs of snapping up the captive coal blocks being auctioned...

Coal India, Coal India floor price, Coal India share price, Coal India news, NMDC, BHEL, PFC, Dharmendra Pradhan

CoalMin: Lenders can seek removal of defaulting winners of coal blocks

State-run and private lenders loaning money to winning bidders of coal blocks can seek their removal...

Coal India bid

Foreign funding of 4 NGOs who opposed coal projects blocked

Home invokes FCRA, directs RBI; one of 4 gets questionnaire on India account

Coal India bid

After losing coal blocks, Tata Power, Adani Power and others now face deduction of bank guarantees

After losing their coal blocks, leading power and steel companies may lose their bank guarantees furnished against their mines...

Coal India bid

Coal ordinance: JSPL made false statements, Centre tells HC

Govermment today told Delhi High Court that JSPL and its promoter have made...

‘Good response for coal block auction process’

Stating that the coal block auction has received a good response so far, coal secretary Anil Swarup...

UP bets on new blocks to bridge gap in fuel needs of power houses

The UP government is set to apply for two additional coal blocks to meet the shortage...

Coal block reallotment hits Bengal-EMTA wall

State and miner refuse to pay SC-imposed fine for extracted coal

Coal India bid

Odisha govt to float PSU to bid for coal blocks

Odisha has planned to float a coal mining company to participate in the auctions for the coal blocks located in the state.

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