Coal mine

Government could give permission to coal linkage policy

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Apr 29, 2016, 22:27 PM IST

Adani plans to set up large-scale solar project in Australia

After setting up one of the world's largest coal mines in Australia, ports-to-power conglomerate Adani Group is planning to build a large-scale solar project in the country.

Feb 08, 2016, 23:42 PM IST

China confirms deadly Xinjiang attack, says suspects killed

Chinese police have killed all but one of the 29 suspects in a deadly attack on a coal mine that killed 16 people in the restive region of Xinjiang, an official website reported Friday. The remaining suspect was arrested.

Nov 20, 2015, 11:16 AM IST

Third tranche of coal auction from Tuesday, 22 bids qualify

"Out of the total applications we received, 22 were found to be technically valid," an official said.

Aug 08, 2015, 21:53 PM IST

Govt to put 8 coal mines on block post 3rd round of auction

The government will put on the block eight more mines after 10 mines are auctioned in the third phase, for which the process has already begun, a top official on Wednesday said.

Jun 24, 2015, 14:27 PM IST

S&P downgrades outlook on Tata Power

Rating agency Standard & Poor's (S&P) has revised downwards its outlook on Tata Power Company (TPC) to 'stable' from 'positive', citing slow progress on tariff revisions for Mundra project and delay in receiving the proceeds from the stake sale in its Indonesian coal mine.

Apr 24, 2015, 00:40 AM IST

Panel for extending short-term coal linkages again

Short-term coal linkages to end-use plants in sectors such as power, whose coal blocks were cancelled by the Supreme Court, should be further extended to June-end, an inter-ministerial panel has recommended.

Mar 22, 2015, 12:35 PM IST

Govt cancels proposed e-auction of Jamkhani mine in Odisha

The government has cancelled the proposed e-auction of Jamkhani coal block in Odisha which was scheduled to go under the hammer Friday as the last mine in the second tranche of auctions.

Mar 12, 2015, 20:44 PM IST

Govt to start afresh Wednesday mine allotment process to PSUs

The government will Wednesday start afresh the process for allotting coal mines to state and central PSUs and will now allot 43 blocks, instead of 36 announced earlier.

Feb 17, 2015, 22:33 PM IST

Coal auction: Balco, Jaiprakash Power, OCL Iron & Steel bag 1 mine each

Balco, Jaiprakash Power Ventures and OCL Iron & Steel bagged one mine each on the fourth day of coal auction Tuesday, taking the total number of blocks sold via bidding to 11.

Feb 17, 2015, 21:19 PM IST

Coal auction: Govt gets 176 technical bids for 23 mines

JSPL, GVK Power and Monnet Ispat are among the bidders for 23 coal blocks on offer in the first tranche of the ongoing auction, for which the government received a total of 176 preliminary bids on Tuesday.

Feb 03, 2015, 21:24 PM IST

Coal India's base issue size of 5% fully covered 

The government`s sale of a 5 percent stake in Coal India Ltd was fully covered by 2.33 p.m. on Friday, data from stock exchanges showed. The offering has a green shoe option, or provision to sell an additional stake of 5 percent.

Jan 30, 2015, 15:22 PM IST

CIL down 4% as floor price for stake sale set at a discount

The retail category of 12.63 crore shares got bids for over 7.20 lakh shares (0.57 percent). The general category of over 50.53 crore shares were subscribed nearly 0.75 percent.

Jan 30, 2015, 12:19 PM IST

CIL stake sale begins; shares tank nearly 4% in early trade

The retail category of 12.63 crore shares got bids for over 7.20 lakh shares (0.57 percent). The general category of over 50.53 crore shares were subscribed nearly 0.75 percent.

Jan 30, 2015, 11:26 AM IST

CIL stake sale today; government eyes Rs 22,600 cr

The floor price was fixed on Thursday at a discount of about 5 percent from the current market price of Coal India (CIL), where the government presently holds nearly 90 percent stake.

Jan 30, 2015, 08:48 AM IST

Govt drops 1 coal mine from list of blocks put under auction

The government has dropped one coal block from the list of 24 mines, that have been put under the hammer in the first tranche, due to "technical reasons".

Jan 05, 2015, 18:40 PM IST

Coal auction: 7 mines in Chhattisgarh, 6 in MP are on offer

In the first tranche of coal block auction, government on Saturday invited bids for 24 mines, including seven in Chhattisgarh.

Dec 27, 2014, 21:52 PM IST

Adani, Downer EDI in $2 billion deal

Australian Engineering Group Downer EDI has won a 2 billion dollar contract from Adani Group's Carmichael Coal Mine project in Queensland in one of the largest deals of its type signed in the country in recent years.

Dec 19, 2014, 12:36 PM IST

Adani steps up Australia coal plans ahead of Modi visit

Adani Enterprises is forging ahead with ambitious plans to build Australia`s biggest coal mine in the next three years, defying a collapse in coal prices to five and a half year lows as it seeks to supply power plants at home.

Nov 13, 2014, 08:38 AM IST

Modi takes first bite at coal to end India's power mess

India could allow commercial coal mining by foreign companies if they set up units in the country, opening the door for global giants like Rio Tinto to access the world`s fifth-largest coal reserves, a source familiar with the matter said.

Oct 22, 2014, 17:05 PM IST