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).
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.
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.
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.
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”.
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.
May 25, 2018 12:58 pm
Coal Ministry has admitted to coal shortage even after making tall claims of rise in production, they said, adding it has now directed Coal India to supply fuel out of turn to PSUs to keep them running and prevent losses, all this at the cost of the private sector.
February 29, 2016 12:54 am
The project developer may be spared the burden of putting together land for compensatory afforestation and should be only required to pay the net present value (NPV) of the forest land being diverted for non-forest use, it says.
December 31, 2015 2:58 am
The average rate of coal at e-auction this fiscal year has been markedly down.
November 18, 2015 1:42 am
While of the 31 blocks auctioned so far, only seven have reportedly commenced operations.