Category: Coal

New Delhi : A special court on Friday granted bail to Jindal Steel & Power Ltd (JSPL) Chairman Naveen Jindal, former Jharkhand chief minister Madhu Koda, former minister of state for coal Dasari Narayan Rao, former coal secretary H C Gupta and six others in a coal block allocation case. Jindal, Rao, Koda, Gupta and […]

Melbourne: Adani Mining has signed up buyers for around 70% of the coal it plans to produce from a huge mine in Australia, putting it a step closer to being able to seal funding for the A$10 billion ($7.9 billion) project, its local head said on Thursday. The key hurdle Adani needs to clear to […]

New Delhi: A special court today framed charges against Delhi-based Rathi Steel and Power Limited (RSPL) and its three top officials in a coal blocks allocation scam case. “Charges are framed under sections 120(B) read with 420 of IPC against all the four accused. Charge under section 420 of IPC is made out against RSPL […]

Kolkata : State-owned miner Coal India Limited (CIL) will invest USD 20 billion (over Rs 1.27 lakh crore) to increase production to one billion tonne over the next five years, Coal Minister Piyush Goyal said today. “CIL has set a target to attain one billion tonne of coal production by 2019-20. This would entail a […]

NEW DELHI: Amid fuel shortages, state-owned Coal India (CIL) is yet to sign fuel supply pacts with power plants for around 4,000 MW. The government, in 2012, had issued a presidential directive to CIL asking the PSU to seal supply agreements with power producers for a capacity of 78,000 MW. There are delays in signing […]

NEW DELHI: The government plans to soon auction about 11 coal mines which could not be sold in the first two phases of the recent coal block auctions. “The Coal Ministry has proposed to auction many of those mines which could not be auctioned in the first two phases of the recent mines auction,” an […]

New Delhi: Amid delays, the Prime Minister’s Office (PMO) has asked the Coal Ministry to expedite the process of third round of mines auction. The PMO’s direction came at the meeting with Coal Ministry officials held yesterday under the chairmanship of Principal Secretary to Prime Minister, Nripendra Mishra, said an official source. “During the meeting, […]

New Delhi : A Special Court today rapped CBI for not impounding the passport of Congress leader and industrialist Naveen Jindal, charge sheeted along with 14 others in a coal block allocation scam case, saying the agency cannot adopt a different policy for some of the accused. Special CBI Judge Bharat Parashar also asked the […]

DHANBAD: The raging underground fire in the Jharia coal mines here has put lives of thousands of families living in the surrounding areas at risk, prompting the BCCL to construct a new colony to relocate them. However, the non-BCCL employee residents of the belt refused to shift to the new colony offered by the Bharat […]

MUMBAI: The Indian government will continue the process of auctioning coal blocks after successfully putting 33 mines under the hammer earlier this year, a senior government official said on Tuesday. Speaking to reporters in Mumbai, R.N Choubey, special secretary of the ministry of power, said 18,000 to 19,000 megawatt (MW) of power projects in the […]

NEW DELHI: The surplus land that is no longer required by coal companies will either be returned to state governments or would be used for building solar power plants, Parliament was informed today. “The government has examined the issue of amending Coal Bearing Areas (Acquisition and Development) Act, 1957 to return the mined out land […]

NEW DELHI: Government today said there are 163 cases in Eastern Coalfields Ltd ( ECL) where compensation has not been paid to people for acquisition of land for mining purposes due to various reasons. “In Eastern Coalfields Ltd, there are 163 cases where compensation has not been paid as the persons were not eligible in […]