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Coal Mine Actions

40% of India's coal mines on offer find no takers, foreign firms stay away

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

Updated On: 30 Sep 2020 | 9:07 PM IST

How one billionaire kept three nations hooked on coal for decades

The story of Adani and its Australian project illustrates why the world keeps burning coal despite its profound danger

Updated On: 18 Aug 2019 | 12:26 AM IST

Govt defers coal mine auctions as steelmakers shy away from bidding

The government has deferred e-auction of the fifth tranche of coal mines for the steel sector and any further development will be intimated in due course. "With reference to the fifth tranche of coal mines auction, bidders may kindly note that following events (e- auction for the qualified bidders scheduled between July 7-14, 2017) shall not take place as per the schedule," the office of Nominated Authority (Coal Ministry) said in a notice to the bidders. Though the government has not cited any reasons for the action, sources said the auction was deferred as the bids from steel makers were not sufficient. According to the notice, the demo e-auction would also not take place and further developments in this regard shall be intimated in due course. A total of six coking coal blocks were to go under the hammer in the fifth round, five being in Jharkhand. The six coal mines are : Brahmadih, Choritand Tiliaya, Jogeshwar & Khas Jogeshwar, Rabodih OCP and Rohne in Jharkhand, and ...

Updated On: 14 Jul 2017 | 4:32 PM IST