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Coal mines auction News

Coal mines auction

07 Mar 2016

Govt may allot more than 10 coal mines to PSUs in 2015-16

Taking forward its decision to open up the coal sector for commercial mining, the government may allot more than 10 coal blocks to PSUs in the current fiscal for production and sale of the fossil fuel.

11 Aug 2015

Coal auction Day 1: Govt garners Rs 2,529 crore from 2 mines

The first day of third tranche of coal mines auctions Tuesday saw government garnering a total of Rs 2,529 crore from bidding of two blocks in Chhattisgarh and Maharashtra.

26 Dec 2014

President signs insurance, coal ordinances

Paving way for additional foreign investment in insurance and to move ahead with the re-allocation of cancelled coal mines, President Pranab Mukherjee on Friday signed the two ordinances in this regard.

17 Dec 2014

Approach Paper soon on coal mines auction

Government is expected to soon come out with an "Approach Paper" to elicit views of stakeholders on the process of auction of coal blocks.

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