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ED gets time to suggest names for special public prosecutor in coal block allocation case The case was adjourned. It will be taken up on February 10 when the court is likely to finalise the new ...

Captive coal blocks produced only 25.1 million tonne (MT) in FY19, much lower than the peak output of 43.2 MT in FY15 when the Supreme Court had …

India Business News: The government on Tuesday said it has amended rules with a view to allow 50 per cent sale of coal from captive mines. The move is likely to benefit ov

The Ministry of Coal has taken all efforts to augment coal supplies to the power sector and decided to divert and augment the supplies to power sector from captive coal blocks. The Ministry offered coal supply from Talabira II&III mines to NTPC for their Power plant. In this connection, both the companies worked together to commence the supply ...

Captive coal blocks would now be allocated through auction to maintain transparency and to fetch better price, Coal Minister Sriprakash Jaiswal on Wednesday said. LIVE TV हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

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New Delhi: The Coal Ministry is reportedly planning to come up with a scheme to allow coal block allottees to surrender mines that they are not in a position to develop due to technical reasons.This move is likely to boost coal supply at a time when domestic power producers are grappling to secure coal supply. Worth mentioning here is that as of September 29, 16 out of the country's 135 …

The Supreme Court on Wednesday cancelled all but four coal block allocations, made by successive governments over the past two decades, on the grounds of illegality under the Coal Mining Nationalisation Act. The decision is estimated to impact around Rs 2.85 lakh crore worth of investments linked to the 214 coal blocks and their end-use plants.

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Documents obtained by The Hindu show that the Union Coal Ministry was made aware of as far back as July 2004, that flawed policies that allotted captive coal …

The Coal Ministry, acting on the advice of the Inter-Ministerial Group (IMG), has issued letters of cancellation for 16 blocks. While ten blocks stand …

In case of failure, the supply of domestic coal to these states would be regulated, the statement said. The coal supply to the power plants having coal stock ranging from 11 days to 18 days and having plant load factor of more than 40%, will be regulated to the extent of 50%, the statement said.

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As per industry estimates, coal production from captive blocks allocated to thermal power producers is estimated to reach 105 mt by 2021-22. The Government of India recently approved a policy that permits captive coal mine owners to sell 25 per cent of their output in the open market.

SC decision coal blocks to benefit economy: Javadekar. The Supreme Court had yesterday held that all coal block allocations made since 1993 till 2010 before pre-auction era during previous NDA and UPA regimes have been done in an illegal manner by an "ad-hoc and casual" approach "without application of mind".

New Delhi: An inter-ministerial committee is likely to meet on Friday to finalise the list of public sector firms that will be allotted 17 coal blocks. "The inter-ministerial committee (IMC) is likely to meet tomorrow and may finalise the list of the PSUs, based on the comments of the state governments, to which the coal blocks have to be allocated," a government official said.

States to get richer by Rs 80,000 cr after sale of 11 coal blocks States, including Chhattisgarh, Jharkhand and West Bengal, are set to get nearly Rs 60,000 crore from 11 coal blocks sold in the ongoing auction, a top official said.

Read more about Govt issues notices to 25 captive coal block allottees on Business Standard. Cracking the whip on power, steel and cement firms, the government has issued show cause notices to 25 companies who have been allotted coal blocks for captive use but are yet to start mining.

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The government has formed an inter-ministerial group which would review the progress of coal blocks allocated to companies for captive use. "An Inter-Ministerial Group (IMG) under the Chairmanship ...

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The coal ministry had jointly allocated North Dhadu coal block in Jharkhand to JIPL alongwith other companies for captive mining of coal for its sponge iron plant at Hazaribagh. | Latest News India

The coal blocks were allotted to the captive allocatees to meet the coal requirements for the end-use plants, the ministry added. Now we are on Telegram too. Follow us for updates

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October 5, 2021. 0. 35. The Coal Ministry authorized the sale of 50 percent of the dry fuel from the reserves after meeting end-use needs. The Coal Ministry has paved the way for the sale of up to 50 percent of coal or lignite produced during a fiscal year from captive mines after meeting end-use plant requirements related to Reserve.

Taking stock of the misuse, CAG recommended reviewing the allocation of the third surplus coal blocks to Sasan UMPP owned by Reliance Power. The report says that to ensure fairplay, a level playing field and transparency of bidding process for future developers, the allocation of the third coal block - Chhatrasal - be appropriately reviewed.

Coal production from captive mines in the first 10 months of the ongoing fiscal have increased by 21.8% year-on-year (y-o-y) to 46.3 million tonne (MT) from the corresponding period in FY19.