De Allocation

State-run coal miner Coal India, which aims to increase its output to 1 billion metric tonne (mt) by 2019 from 462 mt in 2014, is targeting production of 510 mt in 2015, coal secretary Anil Swarup told CNBC-TV18

Coal scam verdict rattles street

Most power and steel companies were pummelled in today‘s trading session. The street fears that the impact of a blanket de-allocation will hurt most of the companies in the sector. CNBC-TV18‘s Nigel D'souza and Pragya Bhardwaj analyse how this verdict will impact the steel and power sector.

De-allocation of coal blocks not practical solution: Parakh

The Supreme Court observed that the issue of de-allocation will need further hearing, but barred UMPPs from exploiting captive mines.

Govt withdraws de-allocation of 3 coal mines to NTPC

The government today said it has written to state-owned power major NTPC informing it that the de-allocation of the company's three coal blocks in Jharkhand has been withdrawn.

Cancel 8 coal mines to PSUs, deduct guarantee of 2: IMG

Stepping up action against erring PSUs which failed to develop coal mines, the Inter-Ministerial panel on coal blocks has recommended de-allocation of eight such blocks after scrutiny of 19 cases.

Firm linked to Sahai's brother loses coal block

Government today de-allocated two coal blocks, including one associated with brother of tourism minister Subodh Kant Sahai, even as the Inter-Ministerial Group recommended punitive action against a firm owned by Congress MP Naveen Jindal.

Govt de-allocates four coal blocks

Under attack over coal block allotments, government today decided to de-allocate four blocks and encash bank guarantees of three others belonging to private companies for failing to meet timelines on production and development of mines.

Govt must hike fuel-prices; de-allocation not easy:Auroch

Raj Majumder of Auroch Investment Managers explains to CNBC-TV18 that the market is on the defensive, the government has to hike fuel prices immediately and the de-allocation process will not be as easy as imagined as most defaulting companies may have legally sound reasons and could initiate legal action.

A total of 90 coal blocks face de-allocation threat

Amid the raging row over coal block allocation, as many as 90 mines face the threat of de-allocation as these are under scanner for non-production. Of these, 58 coal blocks are in the immediate focus with an Inter-Ministerial Group (IMG) set to decide their fate today.

IMG to review guidelines on de-allocation of coal blocks

The inter-ministerial group's (IMG) review of the coal block allocation is gaining momentum. Fifty eight coal blocks are under the scanner, reports Anshu Sharma of CNBC-TV18.