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Coal Auction
Business  /  Published 07.01.21

Coal India sets sights on big auction

Coal India has set its sights to auction 120 million tonnes (mt) of coal by March 2021, the most in a year with the previous high being 114mt recorded in 2016-17. Coal India officials on Wednesday sa...
By A Staff Reporter in Calcutta

Business  /  Published 10.12.20

Coal: single auction plan

The coal ministry is considering the consolidation of all types of electronic auctions done by Coal India to enable a better discovery of prices. Speaking at a session organised by the Bengal Chamber...
By A Staff Reporter in Calcutta

Business  /  Published 10.11.20

Sarda wins coal block

The first auction of coal mines to be used for commercial purposes ended on Monday with Sarda Energy and Minerals winning the Gare Palma 4/7 mine in Chhattisgarh. Coal minister Prahlad Joshi said the...
By Our Special Correspondent in New Delhi

Jharkhand  /  Published 07.11.20

Coal blocks auction subject to SC order

The Supreme Court on Friday directed the Union government to inform the bidders taking part in the coal block auction that benefits of any nature to them will be provisional and subject to the orders ...
By Animesh Bisoee in Jamshedpur

Business  /  Published 05.11.20

Coal India raises reserve price

Coal India has reverted to a pre-Covid coal auction structure from November, allowing its subsidiaries to determine the pricing as sales pick up. With the onset of the pandemic, the public sector min...
By A Staff Reporter in Calcutta

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Business  /  Published 05.11.20

Jindal Power bags Gare Palma mine

Jindal Power Ltd, a subsidiary of Jindal Steel & Power, has bagged the lucrative Gare Palma coal mine IV/1 in Chhattisgarh, pipping Adani Enterprises and Hindalco Industries by offering the highes...
By Our Special Correspondent in New Delhi

Business  /  Published 03.11.20

Strong bids at coal mines auction

The auction of coal blocks for commercial mining, which kickstarted on Monday, saw Vedanta bidding the highest for a mine in Odisha, while Hindalco bid the most for a block in Jharkhand. Vedanta stum...
By Our Special Correspondent in New Delhi

Business  /  Published 02.11.20

Coal block auction to take off today

Companies such as Vedanta, Jindal Steel and Power, Adani Enterprises, Hindalco Industries and JSW Steel are in the race for the the first-ever auction of 19 coal blocks for commercial mining, which wi...
By PTI in New Delhi

Business  /  Published 01.10.20

Coal: global firms stay away

Global mining giants have shun the first commercial coal mine bidding in the country. Fifteen out of 38 mines did not receive any bids. Gautam Adani-controlled Adani Enterprises placed seven bids, whi...
By Our Special Correspondent in New Delhi

India  /  Published 11.08.20

Nod to keep green areas out of coal auction

Union minister for coal and mines Pralhad Joshi has agreed to the request of Chhattisgarh chief minister Bhupesh Baghel to keep coal mines in dense forest areas and elephant corridors in the state out...
By Our Bureau in New Delhi


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