Page 3 - Coal Auctions

Good Feb volumes not enough, power sector demand key for Coal India stock

Pressure on e-auction premiums, subdued outlook on prices and stake sale overhang remain key concerns

Volume issues to falling global prices, many concerns for Coal India stock

Muted volumes, declining coal prices and e-auction realisations, competition from private miners and stake sale overhang to weaken sentiment

Govt to auction over 41 new coal blocks 'very shortly', says Pralhad Joshi

He told the Lok Sabha that a number of important steps have been taken to augment and monitor coal dispatches to power plants

Govt scraps 6th, 7th rounds of coal mine auction; sale of 19 blocks on hold

The decision was taken during a meeting of the Cabinet Committee on Economic Affairs under the chairmanship of Narendra Modi

New round of coal auction with old and rejected mines, same problems

However, the captive power producer is allowed to sell up to 25% coal if it is surplus, in the open market

After bold estimates, coal auctions, allotments get Rs 56.84 bn in 3.5 yrs

So far, 58 coal blocks have been allotted to PSUs and 31 auctioned

Auctioned, allotted coal blocks fetch states Rs 4,109 cr: Piyush Goyal

According to the minister, 31 coal mines have been allocated by way of an auction to private and public companies for specified end users

Jharkhand revises royalty income from coal auctions

During 2015-16, against the mining royalty collection target of Rs 5,500 cr, the state received 86.7% of target at Rs 4,770 crore

CAG on coal, again

Govt should take criticism of coal auctions seriously