Category: Coal

New Delhi: The Centre has so far transferred the environment clearance (EC) of 19 coal blocks out of approved 29 mines from the earlier allottees to the new successful bidders including JSW Steel, GMR Chhattisgarh Energy, Jaypee Cement and Ambuja Cements among others. In a bid to expedite operations from the recently allocated coal mines, […]

India’s mining giant Adani Group has launched an Indigenous Participation Plan (IPP) that could deliver benefits worth 250 million dollars over the next 30 years to the traditional owners who are opposing the company’s 16.5 billion dollar project in Australia’s Queensland state. “Implementation of Adani’s IPP will result in a direct benefit of at least […]

New Delhi : CBI today told a special court that it has approached Ministry of Coal (MoC) to ascertain status of its request for sanction to prosecute a public servant, who has now retired, for his alleged role in a coal scam case allegedly involving Rajya Sabha MP Vijay Darda. The agency said that MoC […]

SINGAPORE: Asian physical coal prices edged up this week, at least temporarily halting a month-long steady fall of Australian prices as China raised its prices due to tightening supplies, while South African markets were supported by strong Indian demand. Chinese state coal firms have raised prices for the second time in a month due to […]

Mumbai: After failing to get private partners to develop four of its coal bed methane (CBM) blocks twice, Oil and Natural Gas Corporation has now decided to go ahead and explore these blocks on its own at an investment of Rs 5,000 crore. D K Sarraf, chairman and managing director ONGC said, “We have decided […]

New Delhi : One of the accused in the coal scam case and associated with the industrial Group of Congress leader Naveen Jindal allegedly tried more than once to approach the special judge, who warned against such misdemeanours in future. During the hearing today, senior advocate Hariharan, who appeared for Jindal, told the court that […]

New Delhi : CBI today told a special court that former Coal Secretary H C Gupta had allegedly concealed facts from then Prime Minister Manmohan Singh that Jharkhand had not recommended Vini Iron and Steel Udyog Ltd (VISUL) for allocation of a Chhattisgarh coal block. During arguments on framing of charges in the case involving […]

MELBOURNE: Indigenous aboriginal and owners in Australia’s Queensland state today announced a fresh federal court challenge to Indian mining giant Adani Group’s USD 16.5 billion Carmichael coal mine project. Issuing a statement, the Wangan and Jagalingou (W&J) people, indigenous landowners, said they have vowed to stop the Carmichael mine project and that if it goes […]

NEW DELHI: The Comptroller and Auditor General (CAG) has started a review of the Modi government’s recent e-auction of coal blocks, which has fetched over Rs 2 lakh crore from 33 mines. These are part of the 155 coal blocks which were allotted by the UPA government without auction between 2004 and 2009. The federal […]

New Delhi :Minister of State for Coal, Power and Renewable Energy Piyush Goyal on Wednesday said that coal production in the country had risen considerably in the last one year, and added that production has increased by 11.7 percent during the first 57 days of this year. Stressing on the Central Government’ commitment to ensure […]

KOLKATA: Coal India plans to make up for an expected 25 per cent fall in production at its existing mines through new projects to achieve its target of nearly doubling output to one billion tonne by 2020. The state- run miner has estimated that production will decline at 186 mines while another set of 278 […]

New Delhi : The government today said it is likely to auction coal blocks for commercial mining this financial year and is working out details for the same. The move follows the recent successful auction of coal blocks for captive use to companies, which fetched the government over Rs 2 lakh crore. “It (auction of […]