Page 2 - Coal Blocks

Govt mops up Rs 8,965 cr till Nov from auctioned, allotted coal blocks

The government mopped up Rs 8,964.75 crore till last month from the auctioned and allotted mines, according to the coal ministry

Deocha Pachami coal block will generate 100,000 jobs: Mamata Banerjee

Banerjee, speaking at an administrative review meeting here, expressed hope that the coal extracted will be sufficient to generate electricity for 100 years

Best of BS Opinion: Beyond a seat at UN high table, mining watchdog & more

Here's a selection of Business Standard opinion pieces for the day

Mining watchdog

Independent regulator for coal and other minerals is overdue

Mining reforms in a month; auction of 500 blocks in 2-3 yrs: Pralhad Joshi

The Centre is planning to come out with the proposed mining reforms in a month or so and the auction of mineral blocks will kickstart two to three months after the amendments take place

Adani to own 1st coal mine in India, bids inch up on Day 2 of auctions

Places highest closing bid for Dhirauli mine in MP, edging out the only other bidder Hindalco Industries; The only other mine it owns is Carmichael in Australia

Second round of coal mine auctioning starts Nov 2, 19 blocks on offer

Senior officials said the technically qualified bidders will be announced two hours prior to the bidding on Monday

Commercial mining: Steel cos stay away from bidding in coking coal blocks

No steel company has shown interest in bidding for four coking coal blocks of 38 mines put on auction for commercial mining as they have concerns about fuel quality and high capital cost

No govt has the right to mine coal in eco-sensitive zones, observes SC

The remark was made by the top court which was hearing Jharkhand government's pleas challenging the Centre's decision to auction coal blocks for commercial mining

Odisha urges Centre to postpone coal block auction by three months

The Odisha Government requested the Central Government to defer the coal block auction process by three months in view of the unfavourable market situation due to the COVID-19 outbreak

38 coal blocks to be auctioned for commercial mining: Coal Ministry

Coal Ministry said it has revised the list of mines to be auctioned for commercial mining and now 38 blocks would go under the hammer instead of 41 mines announced earlier

Coal blocks auction for commercial mining: SC to hear Jharkhand's plea

The original suit under Article 131 of the Constitution provides for state to move directly to the Supreme Court in matters of dispute with the Centre

PM to launch auction of commercial mining with 41 coal blocks on Thursday

Coal Minister Pralhad Joshi had earlier said that by allowing commercial mining, the government has completely opened up the sector for investments

Govt may launch coal blocks auction under commercial mining on Jun 11

The government last week approved a methodology for commercial mining of coal on revenue sharing basis

Cabinet approves new methodology for awarding commercial coal mines

Auctioned mines will now entail reduced upfront payment; coal ministry has also introduced incentive for early production

Fimi urges coal ministry to fast-track auctions of Schedule II blocks

The country has witnessed a consistent surge in coal imports. During 2018-19, 235 million tonnes (mt) of coal including coking coal was imported

Private sector companies seek 'level playing field' for coal block auction

There are about 80-100 coal blocks which are likely to be auctioned in multiple phases over the next few years

Centre deallocates Odisha coal block allotted to PFC arm for power project

The coal ministry had in 2010 allocated the coal block in Odisha for a 4000 MW power project to be set up by Sakhigopal Integrated Power Company Ltd

Coal allocation by CIL to power sector under e-auction drops 23% in Apr-Nov

The coal allocation by the PSU under the scheme increased to 4.05 MT in November, 2019, over 1.53 MT in November 2018

Govt deallocates coal block allotted for power project in Jharkhand

The coal block was allotted in 2009, to Karanpura Energy Ltd -- an SPV of erstwhile Jharkhand State Electricity Board