Page 9 - Coal Mines

Cabinet okays Ordinance removing end-use restrictions in coal mine auctions

The decision taken by the Cabinet Chaired by Prime Minister Narendra Modi will also do away with end-use restrictions of the mining blocks

Coal crunch roils captive power plants after MCL's output declines steeply

Mahanadi Coalfield's output plummeted 33 per cent in September, engendering huge shortage for CPP-based industries

Six coal mines marked for end-use under allotment process, says govt

The Coal Ministry on Friday said it is considering allotment of six coal mines that have been marked for end-uses like power, iron and steel and sale of coal. The ministry had started allotment process for 15 coal mines for various specified end-use such as in power and iron & steel sectors. In the allotment process, applications were received in the case of six out of 15 coal mines, the coal ministry said in a release. On the basis of evaluation of applications received in the allotment process, six mines namely Durgapur II Taraimar/Durgapur II Sariya, Mandakini, Utkal C, Sugia Closed Mine and Tokisud North are under consideration for the allotment, the coal ministry said. The mines will add over 5 million tonnes (MT) coal per annum to the country's coal output besides reducing dependence of industries on imported coal, the ministry said. "These mines will add more than 5 MT coal per annum and boost the coal production in the country and reduce the dependence of industries on ...

Govt mops up Rs 4,973 cr revenue from auctioned coal mines since FY 2014-15

Of the total revenue garnered till October 31, the maximum of Rs 1,280.58 crore was mopped up in 2018-19.

Govt to now offer coal mines to private companies only for commercial work

Captive production allowed, companies can sell coal in open market

Govt looks to ease norms to attract global coal miners, industry sceptical

India plans to float global tenders for the first time for coal mining blocks before end-2019.

Centre changes track to focus on coal contracts, instead of buying mines

Earlier it was planning to buy mines; now, it will try to freeze contracts at competitive prices

Prakash Industries emerges as highest bidder for Bhaskarpara coal block

Prakash Industries on Wednesday emerged as the highest bidder for Bhaskarpara coal block in Chhattisgarh, an official said. Birla Corporation had on Tuesday bagged the Brahmapuri mine in Madhya Pradesh, the official said quoting the results of e-auction for coal mines under the eight tranche. Jindal Steel and Power Ltd (JSPL) was the highest bidder for Gare Palma IV/1 coal block in Chhattisgarh with a bid price of Rs 230 per tonne on Monday. Birla Corporation Ltd bagged the Bikram coal block in Madhya Pradesh with a bid price of Rs 154 per tonne last week. Six mines are on offer. Auctions for four blocks have been completed, the official said. The bidding for Jagannathpur B block and Jamkhani block will take place on Thursday and Friday, respectively. Bhaskarpara coal block was previously allocated to Bhaskarpara Coal Company Ltd (BCCL) -- a joint venture of Electrotherm (India) Ltd and Ultratech Cement Ltd, while Brahmapuri mine was previously allocated to Pushp Steels & ...

Political unrest, mine mishap bring Talcher Coalfields to a halt

Asia's largest coal mine, with a daily average production of 300,000 tonnes, is facing protests from local people and political parties over a mine accident

Govt begins process to auction 27 coal mines and allocate 15 blocks to PSUs

In case of allotment of blocks for PSUs, five coal mines are for power sector, nine for sale of coal and one for iron and steel

Coal block contracts should be made public under RTI: Chhattisgarh panel

The commission rejected the state government-controlled power generation company's contention that disclosing the MDO would serve no public purpose

Four years on, auctioned coal mines still behind production target

After a Supreme Court judgment cancelled all coal mine allocations made over the past decade, the BJP-led central government held e-auction to reallocate them

Doubling down on controversial Australian mine, Adani says it is viable

Adani bought the resource in Australia's Galilee Basin in 2010 as Indian companies rushed for overseas energy supplies amid forecasts of booming demand

State mines make hay, private peers struggle in e-auction of coal blocks

Of 85 auctioned, 27 producing coal to the tune of 24.82 mt

With 61 killed in 2017, mine safety a major cause of concern: Data

Overall, 129 lives were lost in fatal accidents across mines - involving coal, metal and oil in 2017

Govt generates Rs 1,748 cr from auction of 31 coal mines

Out of the 82 coal mines, 31 coal mines have been allocation through e-auction: Piyush Goyal

Government to auction 23 coal mines in FY18, 4 for commercial mining

This would be the first step to open mining beyond the near-monopoly of state-owned CIL for 41 years

Government announces safety audit for 418 mines

Safety actions like geo technical cells in Coal India mines had been taken

Production from e-auctioned coal mines on slow and steady course

Total production stood at 22 million tonnes; more mines have started operations

Govt to review status of 72 coal mines

Earlier, three rounds of mines auction were held after the SC in 2014 cancelled the allotment of 204 coal blocks