Coal Block

The development assumes significance as 13 coal blocks are likely to obtain permission to open in the ongoing fiscal year.

Dhami seeks coal block allocation for pit-head thermal power plant

Dhami made the request during a meeting with Union Coal and Mines Minister Pralhad Joshi in New Delhi, an official release said here.

Govt formally allocates coal block in Jharkhand to NLC India

The PSU had emerged as successful bidder for North Dhadu (Western Part) mine in Latehar district of Jharkhand under commercial auctions held in August.

FDI of Rs 119 crore made for coal block in Jharkhand: Govt

The government had earlier permitted 100 percent foreign direct investment (FDI) in coal mining, its sale and associated infrastructure, and contract manufacturing through the automatic route.

Govt deallocates coal block in Jharkhand allotted for power project

"It is noted that even after lapse of 10 years since allocation of the coal block (Mourya coal block), no significant progress has been made to operationalise the coal block," the coal ministry said in a letter to the company.

Coalscam: Ex-Jharkhand CM Koda, former coal secretary get 3 year jail

Former Jharkhand chief secretary A K Basu and Vijay Joshi, a close aide of the then chief minister, were also awarded jail term of three years for indulging in corrupt practices and hatching criminal conspiracy in allocation of Rajhara North coal block in Jharkhand to a Kolkata-based private company, Vini Iron and Steel Udyog Ltd (VISUL).

Naveen Jindal, others granted bail in coal scam case

Special Judge Bharat Parashar granted the relief to them on a personal bond of Rs one lakh each and one surety of like amount.

Coal scam: Court frames charges against firm, others

The court framed the charges against M/S Domco Pvt Ltd, its three directors Binay Prakash, Vasant Diwakar Manjrekar and Parmananda Mondal, chartered accountants Manoj Kumar Gupta and Sanjay Khandelwal for alleged offences of cheating and criminal conspiracy under the IPC.

Coal scam: Court grants bail to ex-Coal Secretary, others

The accused persons and the firm were summoned by the court for allegedly misrepresenting the facts before the Screening Committee in relation to the land and net worth of company.

Coal scam: Court summons ex-coal secy H C Gupta

Former coal secretary H C Gupta has been summoned as accused by a special court in a case of alleged irregularities in allocation of a Chattisgarh-based coal block to SKS Ispat and Power Ltd (SIPL).

Coal scam: CBI files charge sheet against ex-Coal Secy

The CBI has filed a fresh charge sheet against former Coal Secretary H C Gupta, already facing prosecution in over seven cases related to the coal scam, in connection with alleged irregularities in allocation of a Chattisgarh-based coal block to SKS Ispat and Power Ltd (SIPL).

Coalscam:Court warns accused for resorting to delaying tactics

An accused in a coal scam case on May 23 was warned by a special court for resorting to delaying tactics, saying he should be careful otherwise coercive steps will be taken in the future

Aim to enable coal supply for SME units: Anil Swarup

In an interview to CNBC-TV18, coal secretary Anil Swarup says the decision was taken as it was difficult for Coal India to supply to the small, medium and micro.

Coal scam:Court to hear arguments in GIL's case from Jan 20

Special CBI Judge Bharat Parashar posted the matter for arguments after the counsel representing the accused said that scrutiny of documents supplied to them along with the charge sheet filed by the agency was complete.

Q2 profit mostly wiped out, Tata Sponge doesn't see Q3 loss

A 15 percent fall in realizations led to Tata Sponge Iron logging a 75 percent fall in second quarter profit to Rs 5.75 crore but MD DP Deshpande says he does not expect the company to clock a loss in the third quarter.

Coalgate: Manmohan's colleague Bagrodia seeks parity in SC

"Am I not entitled on equity to the same relief as done in the case of Manmohan Singh," Santosh Bagrodia's counsel and senior advocate KK Venugopal submitted before a bench headed by Justice MB Lokur

Coal scam: Court to hear arguments on charges from Sept 14

Special CBI Judge Bharat Parashar posted the matter for September 14 and 15 after the advocates appearing for Gupta, accused firm Pushp Steels and Mining Pvt Ltd (PSMPL) and its Director Atul Jain said the case be fixed for arguments on framing of charges.

IDFC to set aside additional Rs 2.5K cr as special reserve

IDFC on Friday said government's moves on gas and power sector have not had desired impact and it is forced to create a special reserve of Rs 4,500 crore to cover expected losses from power sector loans, which will ring-fence its soon-to-be-launched universal bank.

Coal linkage auction to end discretionary allotment: Parakh

Hailing the government's plan, PC Parakh, Former Coal Secretary, says coal linkage auction won't increase coal supply to the unregulated sector because for that to happen supply has to increase. But it will remove discretionary allocation of coal and improve transparency, he adds.

Govt cancels Chhatrasal coal block linked to Sasan UMPP

The government today decided to de-allocate the Chhatrasal coal block in Madhya Pradesh that supplied coal to Reliance Power's Sasan ultra mega power project (UMPP).

Coal scam: JSPL slips 7%, Naveen Jindal in CBI net

According to sources, the agency has alleged in the charge sheet that Jindal group firms had misrepresented facts to acquire the coal block in 2008.

FinMin to meet PSU banks on Apr 28

The Finance Ministry has called a meeting of heads of public sector banks on April 28 to deliberate on removing the bottlenecks that hamper implementation of major infrastructure projects.

Essar Power to start mining from Tokisud block in Jharkhand

Essar Power MP owns and operates the 1,200 MW coal based power plant in Mahan, Madhya Pradesh, which has been set up with an investment of Rs 8,000 crore.

No modification needed in Bill for coal auction: Parl panel

Despite unanimity on the issue of labour dues forest rights of the tribals and forest dwellers and environment clearance and inherent rights of the state in the constitution, the Select Committee has failed to accept the suggested amendments to the Bill," a dissent note from Singh said.

IMC submits recos on 3 coal block re-auctioning

The central government will be taking the final decision on whether to re-auction these three coal mines or not based on the report submitted by the committee.