Coal Auction

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.

Jharkhand Chief Minister Hemant Soren on Saturday said that the centre took the decision to auction coal blocks for commercial mining in a rush.

The Jharkhand government has moved the Supreme Court challenging the Centre's ambitious project launched by Prime Minister Narendra Modi on June 18 for virtual auction process of 41 coal blocks for commercial mining.

PM Modi highlighted that despite India being the second-largest producer of coal, it still does not export it.

Prime Minister Narendra Modi today kicked off a two-stage electronic auction process to allocate coal blocks for commercial mining. The move was part of the government's "Atmanirbhar Bharat" series of measures to help the country battle the economic fallout from the coronavirus pandemic. The onset of commercial coal mining is a "win-win situation f...

A seamless composite exploration-cum-mining-cum-production regime will be introduced in the mineral sector as the government brings in commercial mining in the coal sector, Finance Minister Nirmala Sitharaman said this evening, unveiling the government's fourth tranche of Rs 20 lakh crore fiscal stimulus announced by Prime Minister Narendra Modi on...

A total of 500 mining blocks will be offered through an open and transparent auction process, with nearly 50 blocks to be offered immediately.

These mines will add more than 5mt coal per annum,boost the coal production in the country and reduce the dependence of industries on imported coal. This will also generate about Rs 15,000 crore revenues for the state governments where the mines are located, and royalties and other applicable taxes.

The coal block auctions are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp.

Union Minister Prahlad Joshi said a number of important steps have been taken to augment and monitor coal dispatches to power plants.

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.

Jharkhand Chief Minister Hemant Soren on Saturday said that the centre took the decision to auction coal blocks for commercial mining in a rush.

The Jharkhand government has moved the Supreme Court challenging the Centre's ambitious project launched by Prime Minister Narendra Modi on June 18 for virtual auction process of 41 coal blocks for commercial mining.

PM Modi highlighted that despite India being the second-largest producer of coal, it still does not export it.

Prime Minister Narendra Modi today kicked off a two-stage electronic auction process to allocate coal blocks for commercial mining. The move was part of the government's "Atmanirbhar Bharat" series of measures to help the country battle the economic fallout from the coronavirus pandemic. The onset of commercial coal mining is a "win-win situation f...

A seamless composite exploration-cum-mining-cum-production regime will be introduced in the mineral sector as the government brings in commercial mining in the coal sector, Finance Minister Nirmala Sitharaman said this evening, unveiling the government's fourth tranche of Rs 20 lakh crore fiscal stimulus announced by Prime Minister Narendra Modi on...

A total of 500 mining blocks will be offered through an open and transparent auction process, with nearly 50 blocks to be offered immediately.

These mines will add more than 5mt coal per annum,boost the coal production in the country and reduce the dependence of industries on imported coal. This will also generate about Rs 15,000 crore revenues for the state governments where the mines are located, and royalties and other applicable taxes.

The coal block auctions are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp.

Union Minister Prahlad Joshi said a number of important steps have been taken to augment and monitor coal dispatches to power plants.