India will auction another eight coal blocks to private steel, cement and electricity companies in January, coal secretary Anil Swarup said, as it races to more than double output to 1.5 billion tonne.
Tag: Anil Swarup
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Government to auction 8 coal blocks to steel and cement companies
The government said it will auction eight coal blocks with 1,143 million tonnes of reserves to steel and cement firms. The last date for submission of bids will be December 31, coal secretary Anil Swarup said
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TRAILBLAZERS
A buzzing campus, enthusiastic students, a well-organised event, distinguished and exemplary speakers all made for a dayĂ´s worth of good entertainment but also important information and keen insights on infrastructure in India
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Centre to put 8 coal mines on the block
The government will put on the block eight more mines after 10 mines are auctioned in the third phase, a top official said.
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Coal Ministry to finalise model for contracts
The Centre will need to have a proper contract model in place before it starts auctioning commercial coal mines, the coal ministry officials indicate.
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Jharsuguda-Barpali rail line by June 2016: Anil Swarup
Optimistic of completion of the first phase of crucial Jharsuguda-Barpali railway line by June 2016, the centre said it had not rejected Odisha government
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Coal auction for commercial mining likely this fiscal
The government said it is likely to auction coal blocks for commercial mining this financial year and is working out details for the same.
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We will reach the target of 1 billion tonne per annum by 2020
It will be a game changer in the sense of providing a platform for transparent auctions of coal blocks. These blocks were earlier allocated in such a manner that the Supreme Court and other agencies had concerns over its allocations, leading to its cancellation.
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Coal auction proceeds to cross Rs.2 lakh crore
Proceeds from the ongoing coal block auctions are likely to cross Rs 2 lakh crore, surpassing CAGĂ´s estimate of Rs 1.86 lakh crore loss on account of the allocation of blocks without auction during the UPA regime.
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Rail projects to transport coal
The Union Coal Ministry will uplift railway infrastructure in Talcher and Ib Valley for coal transportation in order to double production of Mahanadi Coalfields Limited (MCL) in the next five years.