Tag Archives: Ministry of Coal

Next round of coal mines auction for commercial mining in October or November: Pralhad Joshi

Coal Minister Pralhad Joshi on Thursday said the next round of auction of coal mines for commercial mining will be launched in October or November. The details of most of these mines are already available in the public domain, and … Continue reading

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Coal allocation by CIL to power sector under e-auction drops 20% in Apr-Nov

State-owned Coal India allocated 21.91 million tonnes (MT) of the dry fuel under special forward e-auction to the power sector in April-November 2018, registering a decline of 20.1 per cent over the year-ago period. Coal India ( CIL ) had … Continue reading

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Captive coal miners allowed to sell 25% output in open market

NEW DELHI: The government has allowed captive coal block owners to sell 25% of their production in open market and provided some flexibility in coal output as it kick-started a fresh round of captive coal auctions on Thursday after a … Continue reading

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Inter-ministerial task force on coal linkage rationalisation to meet stakeholders this week

The inter-ministerial task force studying the feasibility of further rationalisation of fuel linkages, including swapping of imported coal, may meet the stakeholders this week to take the matter forward. The development comes at a time when the import of coal … Continue reading

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Coal India pushes back 1 billion tonnes output target by 6 years to 2026

KOLKATA: Coal India (CIL) has officially pushed back a target to produce 1 billion tonnes annually by six years to 2026. The goal will be achieved by 2025-26 because of changes in the country’s carbon emission targets, sluggish industrial growth, … Continue reading

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Vedanta Limited emerges highest bidder for the Jamkhani coal block in auction

Kolkata: Vedanta Limited has emerged as the highest bidder for the Jamkhani coal block in Sundargarh district, Odisha, in the tenth lot of the captive coal block auction conducted by coal ministry. The coal block is located close to the … Continue reading

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Government approves allocation of 5 coal blocks, to generate Rs 17,136 crore revenue

New Delhi: The Centre on Thursday approved allocation of five coal blocks, including two to Birla Corporation and one to Vedanta, and said the mines will generate a revenue of Rs 17,136 crore for the government. For the first time, … Continue reading

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India’s coal imports rise 4 pc to 161 MT in Apr-Nov

NEW DELHI: The country’s coal imports registered an increase of 4.4 per cent to 161.43 million tonnes (MT) in the April-November period of the ongoing fiscal. This comes amid the Centre exuding hope that imports of the fossil fuel would … Continue reading

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Coal ministry to set up management unit to speed up mine operationalistion

New Delhi: The government is planning to set up a project management unit for expediting the operationalisation of allotted coal blocks. The coal ministry will hire a consultant to set up the project management unit, the ministry said in a … Continue reading

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CIL’s coal allocation under spot e-auction drops 38% in FY19

NEW DELHI: State-owned Coal India Limited’s coal allocation under spot e-auction scheme declined by 37.7 per cent to 34.34 million tonnes in the last fiscal (2018-19). The country’s top dry-fuel miner had allocated 55.17 million tonnes (MT) of coal in … Continue reading

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