Coal Auction

From EMIL to JSW Steel, leading players surrender commercial coal blocks

The Government of Chhattisgarh is reportedly not providing the mining leases to the coal block owners for mines in the state

TN BJP thanks Centre for removing TN from coal blocks auction list

With the Centre removing Tamil Nadu's delta regions from the coal blocks auctioning, state BJP chief K Annamalai on Saturday thanked the former for doing so on the 'request' of the party's state unit. Union Minister Pralhad Joshi, who also holds the Coal and Mines portfolio had tweeted that the decision to exclude Tamil Nadu from the auctioning ambit was taken in the interest of the people of the state after Annamalai had flagged the matter with him. "@BJP4TamilNadu Pres.@annamalai_k rushed to call upon me in Bengaluru with request to exclude 3 Lignite mines from auctions in 7th tranche. In spirit of cooperative federalism & keeping in mind interest of people of TN, I have directed to exclude them from auction," Joshi had tweeted. A row had erupted over the inclusion of the state's fertile Cauvery delta regions for the coal block auctioning, with Chief Minister M K Stalin asserting in the state Assembly that his government will never allow coal mining in the delta region. "We ...

Steel, power cos bag major slice of blocks auctioned in 6th coal auctions

Steel, power and cement companies have bagged a sizable number of blocks auctioned under the sixth round of commercial coal auctions. As per an official note, JSW Steel has won Banai and Bhalumunda mines in Chhattisgarh, another block Parbatpur Central and Sitanala mines in Jharkhand, while JSW Cement bagged Marwatola - VI mine in Madhya Pradesh (MP). Jindal Power won Gare Palma Sector - I, Gare Palma IV/2 and Gare Palma IV/3 coal mines located in Chhattisgarh. Rungta Sons Private Limited has bagged Sakhigopal B Kankili and Chhendipada (Revised) blocks in Odisha, and Choritand Tiliaya in Jharkhand. RCR Steel Works won Patal East (Eastern Part) located in Jharkhand, Orissa Metallurgical Industry has secured Kagra Joydev mine in West Bengal. Cement companies Ambuja Cements Limited won Dahegaon-Gowari mine in Maharashtra, Ultratech Cement got Arjuni East in Madhya Pradesh, Dalmia Cement (Bharat) won Mandla North in Madhya Pradesh, Rama Cement Industries got 1 Marwatola VII mine in

PowerMin invites bids to supply 4.5 Gw electricity during coming summer

Power to be supplied for five years, qualifying gencos to get coal under SHAKTI scheme

Liberal eligibility key criteria in largest commercial coal mines auction

The Centre is hoping to entice interest from a variety of sectors beyond the core infrastructure

What is coal gasification and why is India investing in it heavily?

On Novemebr 3, Union Finance Minister Nirmala Sitharaman launched the biggest ever coal mine auction of 141 mines in India

CoalMin launches largest-ever commercial coal auction of 141 mines

The coal ministry has auctioned close to 64 coal mines to date under commercial auction

Vedanta arm Balco wins bid for 900 mn tonne coal block in Chhattisgarh

Vedanta Ltd on Wednesday said that its arm Balco has won the bid for a coal block in Chhattisgarh. The company emerged as successful bidder for the mine during the fourth round of commercial coal mine auction conducted by the government. "The coal block is an optimal fit for Balco, given its logistical location," Vedanta said in a filing to BSE. Once operational, the mine will provide fuel security, enhance power availability, and further strengthen Balco's operations and performance. The block has estimated reserves of 900 million tonnes. Balco was incorporated in 1965 as the first public sector undertaking in the country. In 2001 the Centre disinvested 51 per cent shares of Bharat Aluminium Company Ltd (BALCO) to Sterlite Industries Limited, a subsidiary of Vedanta Limited. The remaining 49 per cent is with the Centre.

Jindal Steel and Power, Hindalco bag coal mines in Odisha in auction

BS Ispat Ltd emerged as the highest bidder for Majra mine in Maharashtra, Assam Mineral Development Corporation bagged Garampani coal block in Assam

Telangana CM writes to PM, seeks four coal blocks out of central auction

Rao asked Modi to intervene on the issue and direct the coal ministry to allocate the blocks to SCCL under Section 11 (A)

New players take lead in commercial coal auction

Prakash Industries quoted a premium of 55.7% for Bhaskarpara mine in Chhattisgarh, the highest bid of the day

Adani Power takes one of three mines on Day-1 of commercial coal auction

Firm quoted 9.5% premium on reserve price of Gondkhari coal mine in Maharashtra

Next round of coal auction to have only small and medium-sized mines

The mines won't have legacy or legal issues as the Centre is trying to make the process as seamless as possible

Next tranche of commercial mining auction to be launched this month

Further rounds will continue thereafter: Coal minister

Govt mops up Rs 8,965 cr till Nov from auctioned, allotted coal blocks

The government mopped up Rs 8,964.75 crore till last month from the auctioned and allotted mines, according to the coal ministry

Tweak in policy helps attract 'realistic' bids for coal blocks: Experts

Revenue-sharing model drove interest among larger firms, say experts

Last day of coal auction closes with record bid of 66.75% revenue share

This was from Sarda Energy & Minerals Ltd, which bagged the Gare Palma-IV/7 coal mine in Chhattisgarh

More new players enter commercial coal mining on Day-4 of auction

The two mines on offer today were both picked up by first-time bidders

Vedanta, Hindalco post wins in commercial coal auction; new players debut

Adani Enterprises, which was also in the race for these two mines, did not win any

Procedure for forest clearance subverted, turned farcical, says report

Prime Minister Narendra Modi had announced in June that 41 new coal blocks would be opened for auction to the private sector