Coal Block Bidding
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Fourth Round of Coal Mines Auction Likely in 15 Days
The government is planning to auction up to 11 coal blocks in the fourth round of bidding which is likely to start in a fortnight.
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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-Gate: All Coal Licenses Issued Since 1993 Are Illegal, Says Supreme Court
The Supreme Court today declared that all coal mining rights distributed between 1993 and 2010 were assigned illegally by the government in a process that lacked transparency in the absence of a competitive bidding system.
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Coal scam: Centre to cancel 41 coal block allocations, asks companies to respond
The government today told the Supreme Court that it will cancel 41 coal block allocations made between 1993 and 2009 but yet to take off. The Supreme Court is hearing the case linked to violations in the grant of coal mining licences without bidding, at a huge cost to the government.
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Cabinet approves first ever coal block auction policy for private firms: full text
The cabinet has approved auction of coal blocks to private companies, enabling the government to allot coal mining licences through competitive bidding for the first time. Here is the press release issued by the coal ministry on the methodology of allocation:
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No Food Security Bill today as BJP targets PM on missing coal files
The BJP today launched a direct attack at Prime Minister Manmohan Singh over the missing files related to the coal allocation scam, blocking the government's bid to push its landmark Food Security Bill to coincide with the 69th birth anniversary of Rajiv Gandhi.
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Key coal, power meeting today
The Prime Minister's Office has convened a meeting of Coal and Power Secretaries today to discuss the issues related to the two sectors including introduction of competitive bidding for coal blocks, review of the progress made by the Inter-Ministerial Group (IMG), reforms in the power sector, price pooling formula for coal and signing of fuel suppl...
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Sushma Swaraj rejects Sonia Gandhi's bid to end Parliament impasse
Senior BJP leader Sushma Swaraj has rejected an effort by Congress President Sonia Gandhi to end the impasse in Parliament over coal block allocation. When Mrs Gandhi spoke to Mrs Swaraj, she was told that Prime Minister Manmohan Singh must step down, coal block allocation must be cancelled and a fair inquiry must be instituted.
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What Rajasthan, Chhattisgarh govts said on coal block allocation policy in 2005: Read letters
The BJP has said the Prime Minister should "introspect and resign" in the wake of the Comptroller and Auditor General's (CAG) report on coal block allocation that says the country lost Rs 1.86 lakh crore because coal fields were given too cheaply to private and state-run firms. But the party has failed to explain the opposition expressed to an auc...
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Fourth Round of Coal Mines Auction Likely in 15 Days
The government is planning to auction up to 11 coal blocks in the fourth round of bidding which is likely to start in a fortnight.
-
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-Gate: All Coal Licenses Issued Since 1993 Are Illegal, Says Supreme Court
The Supreme Court today declared that all coal mining rights distributed between 1993 and 2010 were assigned illegally by the government in a process that lacked transparency in the absence of a competitive bidding system.
-
Coal scam: Centre to cancel 41 coal block allocations, asks companies to respond
The government today told the Supreme Court that it will cancel 41 coal block allocations made between 1993 and 2009 but yet to take off. The Supreme Court is hearing the case linked to violations in the grant of coal mining licences without bidding, at a huge cost to the government.
-
Cabinet approves first ever coal block auction policy for private firms: full text
The cabinet has approved auction of coal blocks to private companies, enabling the government to allot coal mining licences through competitive bidding for the first time. Here is the press release issued by the coal ministry on the methodology of allocation:
-
No Food Security Bill today as BJP targets PM on missing coal files
The BJP today launched a direct attack at Prime Minister Manmohan Singh over the missing files related to the coal allocation scam, blocking the government's bid to push its landmark Food Security Bill to coincide with the 69th birth anniversary of Rajiv Gandhi.
-
Key coal, power meeting today
The Prime Minister's Office has convened a meeting of Coal and Power Secretaries today to discuss the issues related to the two sectors including introduction of competitive bidding for coal blocks, review of the progress made by the Inter-Ministerial Group (IMG), reforms in the power sector, price pooling formula for coal and signing of fuel suppl...
-
Sushma Swaraj rejects Sonia Gandhi's bid to end Parliament impasse
Senior BJP leader Sushma Swaraj has rejected an effort by Congress President Sonia Gandhi to end the impasse in Parliament over coal block allocation. When Mrs Gandhi spoke to Mrs Swaraj, she was told that Prime Minister Manmohan Singh must step down, coal block allocation must be cancelled and a fair inquiry must be instituted.
-
What Rajasthan, Chhattisgarh govts said on coal block allocation policy in 2005: Read letters
The BJP has said the Prime Minister should "introspect and resign" in the wake of the Comptroller and Auditor General's (CAG) report on coal block allocation that says the country lost Rs 1.86 lakh crore because coal fields were given too cheaply to private and state-run firms. But the party has failed to explain the opposition expressed to an auc...
