Coal Auctions
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Coal Auction: Government to Meet Potential Bidders This Week
Ahead of the fourth round of coal mines auction, the government has organised a pre-bid conference this week in which the queries of the prospective bidders would be clarified.
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Coal Auction Has Curbed Corruption, Says PM Modi on 69th Independence Day
Prime Minister Narendra Modi said that around Rs.3 lakh crore will come into the government exchequer from the auction of coal blocks that helped curb corruption.
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Coal Auction: Aggressive Bids Suggest People of India Scammed for Years
Indian metal and cement companies have bid aggressively for coal blocks in the country's first auctions to sell mines - of the 19 blocks currently on offer, 14 have already sold for nearly Rs. 80,000 crores.
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Coal Auctions to Ensure Cheaper Power: Finance Minister Arun Jaitley
Finance Minister Arun Jaitley today said the ongoing auction of coal mines would help in ensuring cheaper electricity to the common man in a sustained manner as against the practice of states subsidizing power.
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Cabinet approves coal block auction policy
The Cabinet today approved the methodology for auctioning coal blocks, providing for upfront and production-linked payments and benchmarking of coal sale prices.
-
Coal Auction: Government to Meet Potential Bidders This Week
Ahead of the fourth round of coal mines auction, the government has organised a pre-bid conference this week in which the queries of the prospective bidders would be clarified.
-
Coal Auction Has Curbed Corruption, Says PM Modi on 69th Independence Day
Prime Minister Narendra Modi said that around Rs.3 lakh crore will come into the government exchequer from the auction of coal blocks that helped curb corruption.
-
Coal Auction: Aggressive Bids Suggest People of India Scammed for Years
Indian metal and cement companies have bid aggressively for coal blocks in the country's first auctions to sell mines - of the 19 blocks currently on offer, 14 have already sold for nearly Rs. 80,000 crores.
-
Coal Auctions to Ensure Cheaper Power: Finance Minister Arun Jaitley
Finance Minister Arun Jaitley today said the ongoing auction of coal mines would help in ensuring cheaper electricity to the common man in a sustained manner as against the practice of states subsidizing power.
-
Cabinet approves coal block auction policy
The Cabinet today approved the methodology for auctioning coal blocks, providing for upfront and production-linked payments and benchmarking of coal sale prices.
