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13 Oct 2021

Modi govt’s reform push: Auction process of 40 new coal mines launched

In an official statement, the ministry stated that the step has been taken following the successful auction of 28 coal mines in the first two tranches and there shall be a total of 88 coal mines on offer at present."

03 Sep 2020

38 coal blocks to be auctioned for commercial mining as per new revision

The revision in the list includes addition of three blocks and withdrawal of five blocks. Dolesara, Jarekela and Jharpalam-Tangarghat blocks are added. Morga South, Fatehpur, Madanpur (North), Morga-II and Sayang are withdrawn.

18 Jun 2020

PM Modi launches auction process for 41 coal blocks for commercial mining

The launch of the auction process not only marks the beginning of unlocking of the country's coal sector from the lockdown of decades, but aims at making India the largest exporter of coal, the Prime Minister said.

06 Aug 2019

Coal Ministry starts process of auction of 27 coal mines

The last date of registration of bidder and sale of tender document is September 13 and bid due date is September 19, an official release said.

20 Feb 2018

Govt clears opening coal mining to pvt firms

While coal mines were till now auctioned for captive power generation, they will now be sold in an e-auction to private domestic and global miners.

27 Dec 2017

Auctioned, allotted coal blocks fetch states Rs 4,109.3 crore

31 coal mines have been allocated by way of auction to private and public companies for specified end users.

15 Sep 2017

Tariff discount of power companies may lead to Rs 125 crore savings

This policy has been named as Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India (SHAKTI).

20 Oct 2016

Spot e-auction of coal to start today; 20 mt on offer

The auction will be conducted for four days beginning Thursday and run till October 25.

19 Oct 2016

CIL to start spot e-auction of coal today; auction to be conducted for four days

The auction will be conducted on October 20, 21, 24 and 25.

26 Jul 2016

CAG picks holes in coal mines auction by NDA govt

The CAG has picked holes in the e-auction of coal mines by the NDA government last year saying multiple bids by corporate groups through joint ventures or subsidiaries did not give an assurance that potential level of competition was achieved in the first two tranches.

29 May 2016

Coal auction to get Rs 3.45 lakh crore; Rs 36k crore saving via DBT: Government

Publicising its work on the completion of two years in power, government said on Sunday that coal auction will bring Rs 3.45 lakh crore to the nation's kitty and Rs 36,500 crore would be saved on account of checking leakages through Direct Benefit Transfer (DBT) scheme for LPG subsidy.

05 May 2016

Government's new coal linkage policy : Share Bazaar Live

power companies

21 Apr 2016

Power companies to get coal via e-auctions; CIL MoU till June 30

Power producers being supplied coal through the MoU route by state-owned CIL will now have to take it via special e-auction being conducted for the power sector as the government has decided not to extend the pact beyond June 30.

01 Apr 2016

CIL achieves 536 MT coal output in FY'16; misses target

State-owned Coal India has achieved an 8.5 percent growth rate in production at 536 million tonnes in 2015-16, but missed the output target of 550 million tonnes for the just-concluded financial year

10 Dec 2015

Govt to auction 9 coal blocks in 4th round

Government has added another coal block to the list of mines to be auctioned in the fourth round next month, taking the total number of blocks on sale to nine.

29 Nov 2015

Coal auction: Govt to meet potential bidders this week

Taking forward the process of fourth round of coal mines auction, the government has organised a pre-bid conference this week in which the queries of the prospective bidders would be clarified.

22 Nov 2015

Eastern states eye Rs 1,280 crore as coal auction proceeds

Coal-rich eastern states are in for a bonanza as they will get close to Rs 1,280 crore from the latest round of coal auction by this month-end, with Rs 650 crore already transferred to their kitty.

19 Nov 2015

Midcap Bazaar: Government announces Coal Linkage policy

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.

02 Oct 2015

Coal linkage auction: Floor price may be at CIL's RoM rates

The initial floor price for the proposed auction of coal linkages should be fixed on the basis of CIL Run-of-Mine price and bidders have to bid for premium above this price for the relevant grade, an inter-ministerial panel has suggested.

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