Coal Auction

Revenue from coal auction hits Rs 1.57 lakh cr; Ambuja Cement gets Gare-Palma

Gare Palma IV/8 and Mandla South would contribute a cumulative Rs 5164 crore to the state exchequer

Coal Auction: States get Rs 84,000 cr from round 1; second round to begin on 25 Feb

Respective states will get nearly Rs l lakh crore, including royalty, over the next 30 years from 16 coal auction so far, top govt official said today.

Coal auction: Seven reasons why Vinod Rai was right about Coalgate

Indian businesses have for too long been used to getting things for free, including coal. This has led to the misconception that thermal power is cheap, which is not. Once, the right price of coal is taken into account, other forms of generating electricity might start to look viable. And that will be good for the environment.

Coal auction success proves the scam was real, says Venkaiah Naidu

Union Parliamentary Affairs Minister M Venkaiah Naidu said the success of auctions had proved that the coal scams were real and not an imagination of the CAG, vindicating BJP's position.

Coal auction success proves the scam was real: Venkaiah Naidu

With metal and cement companies bidding aggressively for coal blocks, Union Parliamentary Affairs Minister M Venkaiah Naidu today said the success of auctions had proved that the coal scams were real and not an imagination of the CAG, vindicating BJP's position.

Sense & nonsense in coal auction: Jindal's mine at Rs 108/tn, Birla's at Rs 3,502

The ongoing coal auctions have ensured a transparent process and higher revenues for government, but they are still sub-optimal. The policy of awarding captive mines does not make much sense any more

Coal auction: Metal, cement cos bid aggressively for blocks amid supply concerns

Metal and cement companies have bid aggressively for coal blocks in the first auctions to sell mines as they look to cut imports and their dependence on inefficient government monopoly Coal India Ltd.

Coal auction: Govt gets 130 technical bids for 21 mines

The government officials said the response has been as per expectations and most of the major players from private sector are participating in the auction, which was necessitated after cancellation of earlier coal block awards by the Supreme Court.

Coal auction: Ministry hopeful of resolving issues in 15 days

The Coal Ministry today said it hopes to resolve differences within next 15 days with ministries like environment and power on the proposed bidding norms for auctioning of captive coal blocks.

Clearances before-hand will make coal auction a success: NTPC

Roy also alleged that Coal India Ltd (CIL) is supplying inferior quality of coal to some of its thermal power stations.<br /><br />