Tuesday, February 7, 2023
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commercial coal mine auction

News Updates

Unprecedented response to commercial coal mine auction in 6th round: Govt

PSU Watch Bureau -
Coal Ministry has received an unprecedented response for the blocks put on sale under the sixth round of commercial auction with 36 mines getting 99 bids
News Updates

India’s coal demand to rise to 1.5 BT by 2040: Joshi tells investors

Shalini Sharma -
Addressing investors, Pralhad Joshi said that India’s power demand will double by 2040 and even if RE makes up 50%, India will still need 1.5 BT of coal
News Updates

India offers policy stability & transparency: Sitharaman

PSU Watch Bureau -
India offers policy stability, transparency and consultative process of governance to incubate investment, says Finance Minister Nirmala Sitharaman
News Updates

Ministry of Coal to launch 6th tranche of commercial coal mine auction on Nov 3

PSU Watch Bureau -
The Ministry of Coal will be launching the 6th tranche of commercial coal mine auction for the sale of coal on November 3 under MMDR and CMSP
News Updates

Vedanta subsidiary BALCO wins bid for coal block in Chhattisgarh

PSU Watch Bureau -
New Delhi: Vedanta Ltd on Wednesday said that its arm BALCO has won the bid for a coal block in Chhattisgarh. The company emerged as...
News Updates

Commercial mining: Jaiprakash Power Ventures highest bidder for coal mine in MP

PSU Watch Bureau -
Jaiprakash Power Ventures has emerged as the highest bidder for a coal block in Madhya Pradesh under the commercial coal mine auction that was held o Tuesday
National News

Cabinet okays policy to allow PSUs to surrender non-operational coal mines

PSU Watch Bureau -
Synopsis: The CCEA chaired by Prime Minister Narendra Modi has approved the Ministry of Coal's proposal for providing a one-time window to Central and state PSUs to surrender non-operational mines without penalty and without citing any reason
National News

Commercial mining: Govt auctions 5 coal mines under tranche IV auction

PSU Watch Bureau -
Synopsis: The government has successfully auctioned five coal mines for commercial mining under tranche IV of the auction process. All the five coal mines are fully explored coal mines. The total geological reserves for these five coal mines are 665.08 MT
National News

Commercial coal mine auction: Govt awards 4 coal mines from tranche II in 2nd attempt

PSU Watch Bureau -
Synopsis: The Ministry of Coal has declared the names of four successful bidders for four coal mines that it failed to auction under tranche II of commercial coal mine auction
National News

Commercial mining auction: Jindal Steel, Hindalco win coal blocks on Day 2 & 3

PSU Watch Bureau -
Synopsis: Jindal Steel and Power has secured Utkal-C coal mine in Odisha, while Hindalco Industries won the Meenakshi mine in the state on the second and third days of commercial coal mine auction
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