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Coal allocation News

16 Mar 2016

Govt to allot 16 coal mines to PSUs for commercial mining

Taking forward its decision to open up the coal sector for commercial mining, the government will allot 16 blocks to PSUs for carrying out production and sale of the dry fuel.

07 Jan 2016

Govt not to reconsider R-Power plea on output from coal blocks

The Supreme Court had scrapped allocations of 204 coal blocks in 2014.

14 Oct 2015

Coal scam: Special court frames charges against Ex-coal Secy H C Gupta, 5 others

The case pertains to alleged irregularities in allocation of Thesgora-B Rudrapuri coal block in Madhya Pradesh to KSSPL.

12 Oct 2015

Seizure of cash, documents; SC asks CBI to act as per law

The Supreme Court on on Monday asked CBI to "act" in accordance with law on the issue of registration of an FIR into the alleged seizure of unaccounted cash worth Rs 25 crore, a diary and other incriminating documents from Aditya Birla Group's Corporate Office here in 2013.

Indian independence day

15 Aug 2015

Coal auction has curbed corruption: PM

Prime Minister Narendra Modi said on Saturday that around Rs.3 lakh crore will come into the government exchequer from the auction of coal blocks that helped curb corruption.

12 Aug 2015

Jharkhand coal block auction put off

The government on Wednesday deferred the auction of Chitarpur coal mine in Jharkhand due to a court case.

17 Jul 2015

Coal scam: Court to pass order on CBI's final report today

A special court will on Friday pronounce its order on CBI's final probe report filed in a coal scam case allegedly involving Rajya Sabha MP Vijay Darda and others.

21 Mar 2015

India rejects low winning bids for 4 "outlier" coal mines

Although the winning bids for the nine mines were the highest in their individual auctions, they were low by comparison with the winning bids for other similar blocks.

19 Mar 2015

Govt to auction 15-20 more mines if Coal Bill passed in RS

The coal auction will resume by end of April or early May with 15-20 more mines, provided the Coal Mines bill is passed in Rajya Sabha or a new ordinance is promulgated.

23 Feb 2015

Auction of coal mines to lower power tariff: President

The government is committed to bringing transparency in the allocation of natural resources including coal, the auctions for which have started and would result in lowering power tariff, President Pranab Mukherjee said today.

19 Feb 2015

Aditya Birla group firm Hindalco wins another coal mine

Hindalco has bagged two mines out of the 13 put on offer so far.

14 Feb 2015

Coal block auction begins: Ambanis, Adanis in the race

Auction of coal blocks began on Saturday for the first time with corporate honchos Ambanis, Adanis and Birlas queuing up for the two mines being offered on day one.

04 Feb 2015

Vedanta bid for 14 blocks; Birla, Adani also in fray

Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23 on offer in the first round of auction which also have aggressive bids by Aditya Birla Group, Adani and Naveen Jindal group, but was shunned by foreign players.

03 Feb 2015

Row over coal Ordinance; SC rejects Centre's pleas

Government on Tuesday suffered a jolt when the Supreme Court dismissed its plea to stop private firms from challenging the validity of certain provisions of the controversial 2014 Coal Ordinance in various high courts.

30 Jan 2015

Coal scam: CBI draws flak for taking "U-turn" in final reports

CBI on Friday drew flak from the Special Court for taking "U-turn" on investigation of various coal scam cases and filing final reports, without giving any plausible reasons for arriving at such conclusions.

Coal allocation

16 Jan 2015

Fresh notices to Tata Steel, JSPL, others in coal allocation

The Government Friday issued fresh show cause notices to prior allottees of coal blocks like JSPL, JSW and Tata Steel, asking reasons behind delays in mines development and warned of deduction in their bank guarantees if they failed to furnish replies.

inter-ministerial group

26 Dec 2014

IMG to meet next week to examine issue of BG of coal blocks

The IMG has members from various ministries, including steel and power.

24 Dec 2014

Govt approves re-promulgation of Coal Ordinance

The government had to go in for re-promulgation of the Ordinance as the Rajya Sabha could not take up the Coal Mines (Special Provisions) Bill.

23 Dec 2014

After pitch-dark 2014, coal aims to discard scam taint in 2015

In an urgent need for its image makeover, the scam-tainted coal sector will require mammoth efforts in 2015 from the government and the corporates, after a year full of adversities and stuck projects undermined investments totalling billions of dollars.

16 Dec 2014

Coal scam: Court tells CBI to record Manmohan Singh's statement

An FIR was lodged against Birla, Parakh and others relating to the allocation of Talabira II and III coal blocks in Odissa in 2005 to Hindalco.

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