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COAL MINISTRY NEWS
First revision in performance bank guarantee upon grant of coal mine opening permission: Government
January 16, 2023 8:01 am
As per the provisions of the tender document, PBG to be submitted for each successfully auctioned coal mine is to be revised annually based on the NCI for the month of April in the beginning of the year, the coal ministry said.
Cabinet okays offering of coal via common e-auction window
February 27, 2022 1:06 am
The Coal Ministry said CCEA has approved “offering of all the non-linkage coal by coal companies through one e-auction window of CIL (CIL)/Singareni Collieries Company Ltd (SCCL)”
42 mines auctioned till date for commercial mining: Coal Ministry
February 13, 2022 1:03 am
The ministry said that the 10 blocks sold last week are projected to generate an annual revenue of Rs 2,858.20 crore, adding that the "annual revenue projected (is) based on the PRC (peak rate capacity) of mine.”
Thermal plant worries: Enough coal stock, fears of crisis misplaced, says govt
October 11, 2021 7:25 am
Thermal power plants in the country are currently facing a shortage of coal due to a sharp uptick in power demand, restricted supplies due to heavy rainfall in September, low accumulation of stock in April-June, and a sharp increase in the price of imported coal.
Bombay HC seeks replies from Centre, state, Coal India Limited within 8 weeks
June 27, 2020 3:32 am
The petitioner said the Environment ministry has granted permission to auction the Bander coal block near TATR without requisite clearances under the Environment Protection Act (EPA), Forest Conservation Act (FCA) and National Board for Wild Life (NBWL).
Govt cancels 6 coal block allocations of 4 states for failing to operationalise mines
December 28, 2019 8:42 am
It was not immediately clear when these cancelled mines of attractive capacities will be put up for auctions for private players.
Coal Ministry decides not to form independent body to resolve disputes
November 22, 2018 6:16 am
The NA is generally an officer of the Coal Ministry — not below the rank of Joint Secretary — to conduct auction of coal mines or allot coal mines as per Coal Mines (Special Provisions) Act, 2015.
Coal Mining: Steel ministry for auction even with less than three bidders
September 28, 2018 3:05 am
The first four tranches of coal auction were for the power sector and ‘non-regulated’ sector — which includes companies that produce cement, iron and steel, or captive power. The fifth tranche of auction was exclusively for the iron and steel sector.
Policy watch: Ministry willing to go ahead with minor suggestions by panel
September 15, 2018 12:44 am
To boost ease of doing business, the Committee has recommended that “an integrated single-window clearance process for environment clearance, forest clearance, mining lease, etc., may be created”.
Pointing to CBI shadow, Coal Ministry plays cautious on changing mining lease norms
September 14, 2018 7:06 am
On May 22 last year, a special CBI court sentenced three officials to two years in jail for allegedly allotting coal block to a private company on false net worth and level of preparedness.
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