Page 5 - Coal Mines

Coal Ministry replaces five Chhattisgarh mines in commercial auction

Adds three mines from the same state taking the total of mines on offer to 38, from 41 earlier

Procedure for forest clearance subverted, turned farcical, says report

Prime Minister Narendra Modi had announced in June that 41 new coal blocks would be opened for auction to the private sector

E-auction for commercial coal mines likely in October, results in November

The due date for submitting a technical bid is September 29 and e-auction would be conducted during October-November

Install washeries at all coal mines to provide affordable fuel, says JSPL

Washing coal increases the efficiency and quality of the dry fuel.

Coalmine auction an opportunity for domestic sponge iron units: Analysts

Sponge iron plants could shift to new technology on availability of coal

'Atmanirbharata' in coal sector: PM to address mining auction launch event

President, FICCI, Dr Sangeetha Reddy, Chairman Vedanta Group Anil Agarwal and Tata Sons Chairman N Chandrasekharan will also speak during the event

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

SECL retains top spot among CIL entities, produces 150.5 MT coal in FY20

The Bilaspur-headquartered company contributed 25 per cent to the total coal production of Coal India

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

Relaxing norms for private coal mining unlikely to attract investment

The government would do better to create a market for natural gas

Opening up mining

Removal of end-use restrictions is a major step forward

Cabinet okays Ordinance removing end-use restrictions in coal mine auctions

The decision taken by the Cabinet Chaired by Prime Minister Narendra Modi will also do away with end-use restrictions of the mining blocks

Coal crunch roils captive power plants after MCL's output declines steeply

Mahanadi Coalfield's output plummeted 33 per cent in September, engendering huge shortage for CPP-based industries

Six coal mines marked for end-use under allotment process, says govt

The Coal Ministry on Friday said it is considering allotment of six coal mines that have been marked for end-uses like power, iron and steel and sale of coal. The ministry had started allotment process for 15 coal mines for various specified end-use such as in power and iron & steel sectors. In the allotment process, applications were received in the case of six out of 15 coal mines, the coal ministry said in a release. On the basis of evaluation of applications received in the allotment process, six mines namely Durgapur II Taraimar/Durgapur II Sariya, Mandakini, Utkal C, Sugia Closed Mine and Tokisud North are under consideration for the allotment, the coal ministry said. The mines will add over 5 million tonnes (MT) coal per annum to the country's coal output besides reducing dependence of industries on imported coal, the ministry said. "These mines will add more than 5 MT coal per annum and boost the coal production in the country and reduce the dependence of industries on ...

Govt mops up Rs 4,973 cr revenue from auctioned coal mines since FY 2014-15

Of the total revenue garnered till October 31, the maximum of Rs 1,280.58 crore was mopped up in 2018-19.

Govt to now offer coal mines to private companies only for commercial work

Captive production allowed, companies can sell coal in open market

Govt looks to ease norms to attract global coal miners, industry sceptical

India plans to float global tenders for the first time for coal mining blocks before end-2019.

Centre changes track to focus on coal contracts, instead of buying mines

Earlier it was planning to buy mines; now, it will try to freeze contracts at competitive prices

Prakash Industries emerges as highest bidder for Bhaskarpara coal block

Prakash Industries on Wednesday emerged as the highest bidder for Bhaskarpara coal block in Chhattisgarh, an official said. Birla Corporation had on Tuesday bagged the Brahmapuri mine in Madhya Pradesh, the official said quoting the results of e-auction for coal mines under the eight tranche. Jindal Steel and Power Ltd (JSPL) was the highest bidder for Gare Palma IV/1 coal block in Chhattisgarh with a bid price of Rs 230 per tonne on Monday. Birla Corporation Ltd bagged the Bikram coal block in Madhya Pradesh with a bid price of Rs 154 per tonne last week. Six mines are on offer. Auctions for four blocks have been completed, the official said. The bidding for Jagannathpur B block and Jamkhani block will take place on Thursday and Friday, respectively. Bhaskarpara coal block was previously allocated to Bhaskarpara Coal Company Ltd (BCCL) -- a joint venture of Electrotherm (India) Ltd and Ultratech Cement Ltd, while Brahmapuri mine was previously allocated to Pushp Steels & ...

Political unrest, mine mishap bring Talcher Coalfields to a halt

Asia's largest coal mine, with a daily average production of 300,000 tonnes, is facing protests from local people and political parties over a mine accident