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07 Aug 2017

Govt annuls 5th round of coal mines auction on tepid response

The government has annulled the fifth round of coal mines auction due to poor response from bidders.

coal mine auction

05 Apr 2017

Govt to soon start auction process for commercial coal mines

The government may soon start the process of commercial coal mine auction as it waits for feedback on the discussion paper floated by the coal ministry.

19 Nov 2015

Coal auction: Eight blocks to go under hammer from January 18

The government Thursday kick-started the process for the fourth round of e-auctioning of eight coal blocks, which is slated for January 18-22 next year.

23 Jul 2015

Coal auctions: 10 mines up for bidding in August

The government will put 10 more coal mines up for auction in the third phase in next month, parliament was told on Thursday.

20 Apr 2015

Coal mine auction: Third round likely next month

The third round of coal block auction may get off the ground next month, a top official said Monday.

coal mine auction

14 Feb 2015

GMR, Reliance Cement bag blocks in first coal auction

The maiden auction of coal mines got under way Saturday, with GMR and Reliance Cement bagging one mine each for an estimated Rs 1,375 crore and Rs 798 crore respectively.

13 Feb 2015

Bidders concerned over reverse bidding in coal mine auction

Ahead of the coal block auction, several players in steel and power sectors have aired their reservations about the reverse bidding mechanism and have raised a lot of queries on the same with the government.

10 Dec 2014

Plan to get clearances for 112 mines before auction: Govt

Government is looking at the possibility of putting in place all clearances for 112 mines before they are auctioned in the second phase, so that they fetch higher revenue for the exchequer, a top official said Wednesday.

12 Aug 2014

Govt may opt for UMPP bidding route for coal mine auction

At present, the Ministry of Power awards ultra mega power projects (UMPPs) of 4,000 MW capacity each through international competitive bidding process.

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