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14 Aug 2016

Power costs may reduce by 50 paisa per unit on coastal movement of coal

Coastal movement of coal could cut power costs by 50 paisa per unit for power plants besides saving Rs 17,000 crore annually, a report under government's ambitious Sagarmala project has said.

Piyush Goyal. power minister

08 Aug 2016

Coal e-auction rose 29% in 2015-16: Piyush Goyal

Government on Monday said coal allocation via the electronic auction (e-auction) route rose by 29 percent in 2015-16, fetching 33 per cent more than the notified prices.

07 Jul 2016

Power Ministry working on tech to counter blackouts: Piyush Goyal

Power Minister Piyush Goyal today said his ministry is experimenting with a technology, brown- out, which can provide some power backup to households in the event of a grid failure leading to blackouts.

02 May 2016

Parliamentary panel asks coal PSUs, govt to recover dues

Expressing concerns over the large amount of dues that need to be recovered by all coal PSUs, including CIL's Rs 11,032 crore, a Parliamentary Panel has asked the government as well as the state-owned firms in the sector to take steps for the recovery.

31 Mar 2016

First verdict in Coal scam: Court to pronounce quantum of sentence to JIPL's directors April 4

The court has convicted JIPL and its directors R S Rungta and R C Rungta for the offence of cheating and criminal conspiracy under the IPC.

28 Mar 2016

Court pronounces first verdict in coal scam; convicts JIPL directors RS Rungta, RC Rungta

This is the first case in coal block allocation scam in which the special court, exclusively dealing with all the related matters, has pronounced its verdict.

28 Mar 2016

First verdict in coal scam likely to be pronounced today

A special court is likely to pronounce on Monday its first judgment in the coal scam in which Jharkhand Ispat Pvt Ltd (JIPL) and its two directors are facing trial in a case of allotment of a coal block in Jharkhand

27 Mar 2016

First verdict in coal scam likely to be pronounced on Monday

A special court is likely to pronounce tomorrow its first judgment in the coal scam in which Jharkhand Ispat Pvt Ltd (JIPL) and its two directors are facing trial in a case of allotment of a coal block in Jharkhand

20 Mar 2016

Coal supply to power sector up 6% at 370 million tonnes in Apr-Feb

State-run miner Coal India supplied 370.80 million tonnes of fuel to the power sector during April-February this fiscal, higher by 6.4 per cent than that in the same period last year.

07 Mar 2016

Feb coal imports inch up for first time in 8 months

India`s coal imports inched up 1.7 percent in February, the first rise in eight months, Coal Secretary Anil Swarup told Reuters on Monday, but suggested it may have been a temporary increase based on deals signed earlier

13 Aug 2015

Coal auctions: Govt raises Rs 4,364 crore in third round

The third tranche of coal auctions that came to an end Thursday saw the government kitty swell by a total of Rs 4,364 crore.

09 Aug 2015

Coal auctions: Round 3 set to begin on Tuesday

The government this week released the list of technical bidders for the first five coal mines up for bidding in the third phase of coal block auctions beginning on Tuesday.

21 Mar 2015

Coal auctions to kickstart investment cycle: Goyal

Elated over the passage of crucial coal bill in Parliament yesterday, Union Minister Piyush Goyal has said auction of natural resources will kickstart economy and create millions of jobs.

23 Feb 2015

Hindalco shares surge over 3% as company bags maximum mines

Shares of Hindalco Industries rose over three per cent today after the company bagged the maximum number of mines in the first phase of auction.

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