Tuesday, February 7, 2023
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commercial coal mine auction

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

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

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

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

India offers policy stability & transparency: Sitharaman

India offers policy stability, transparency and consultative process of governance to incubate investment, says Finance Minister Nirmala Sitharaman

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

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

Vedanta subsidiary BALCO wins bid for coal block in Chhattisgarh

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...

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

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

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

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

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

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

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

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

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

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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