Coal Auction

The government plans to put on auction 17 mines surrendered by public sector undertakings which could not put the blocks into operation, Coal and Mines Minister Pralhad Joshi said on Tuesday.

Government on Tuesday said 31 companies, including JSW Steel and Vedanta Ltd have submitted bids for 24 mines under commercial coal mines auctions

Government has issued show cause notices to 16 companies, including NTPC, JSW Steel, Hindalco, Vedanta and Nalco for delays in operating coal blocks

After almost two years, out of the 292 coal mines offered for auction in four rounds, only 42 mines have been successfully auctioned in three rounds

Government has cleared supply of coal by companies including Coal India Limited through a common e-auction window rather than sector-specific auctions

A total of 42 coal blocks have been auctioned till date for commercial mining, government has said

The auction shall be held online through a transparent two-stage process, on the basis of Percentage Revenue Share.

Coal Ministry aims to produce one billion tonnes of dry fuel by 2024

Coal Ministry is mulling a plan where it would allow entities holding dry fuel blocks, to surrender them if they are not in a position to develop them

The Supreme Court today directed that the November 9 e-auction of 37 coal blocks, including five in Jharkhand, shall be subject to its final order.

The bidders who qualify then submit financial bids in which they detail what percentage of revenue would be paid to the government

The world's second largest consumer, importer and producer of coal has offered a range of incentives to attract investment and reduce imports.

Adani Enterprises' Chief Financial Officer Jugeshinder Singh said the group would restrict participation to mining services

Allowing 100 per cent foreign direct investment (FDI) in the coal sector would neither bring competent returns nor new technology, West Bengal Chief Minister Mamata Banerjee has written to Prime Minister Narendra Modi.

A week after India launched the auction process for coal blocks for commercial mining, UN Secretary General Antonio Guterres has said there is no reason for any country to include coal in their COVID-19 recovery plans and investments should instead be made in non-polluting energy sources.

The government plans to put on auction 17 mines surrendered by public sector undertakings which could not put the blocks into operation, Coal and Mines Minister Pralhad Joshi said on Tuesday.

Government on Tuesday said 31 companies, including JSW Steel and Vedanta Ltd have submitted bids for 24 mines under commercial coal mines auctions

Government has issued show cause notices to 16 companies, including NTPC, JSW Steel, Hindalco, Vedanta and Nalco for delays in operating coal blocks

After almost two years, out of the 292 coal mines offered for auction in four rounds, only 42 mines have been successfully auctioned in three rounds

Government has cleared supply of coal by companies including Coal India Limited through a common e-auction window rather than sector-specific auctions

A total of 42 coal blocks have been auctioned till date for commercial mining, government has said

The auction shall be held online through a transparent two-stage process, on the basis of Percentage Revenue Share.

Coal Ministry aims to produce one billion tonnes of dry fuel by 2024

Coal Ministry is mulling a plan where it would allow entities holding dry fuel blocks, to surrender them if they are not in a position to develop them

The Supreme Court today directed that the November 9 e-auction of 37 coal blocks, including five in Jharkhand, shall be subject to its final order.

The bidders who qualify then submit financial bids in which they detail what percentage of revenue would be paid to the government

The world's second largest consumer, importer and producer of coal has offered a range of incentives to attract investment and reduce imports.

Adani Enterprises' Chief Financial Officer Jugeshinder Singh said the group would restrict participation to mining services

Allowing 100 per cent foreign direct investment (FDI) in the coal sector would neither bring competent returns nor new technology, West Bengal Chief Minister Mamata Banerjee has written to Prime Minister Narendra Modi.

A week after India launched the auction process for coal blocks for commercial mining, UN Secretary General Antonio Guterres has said there is no reason for any country to include coal in their COVID-19 recovery plans and investments should instead be made in non-polluting energy sources.