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Solar Tenders witness drop in November

Solar Tenders witness drop in November

Solar tender and auction activity in India had a steep decline in November 2017. The solar capacity tendered across the country during the month fell by 25 percent to 300 MW compared to the October 2017 total and the amount of solar auctioned dropped by 98 percent to just 5 MW.

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Vuda gets Rs 24.82 cr via auction of 63 plots

Vuda gets Rs 24.82 cr via auction of 63 plots

Through an auction of 63 plots, the Visakhapatnam Urban Development Authority (Vuda) has got a Rs 24.82 crore. The two-day auction of the plots in Visakhapatnam and Vizianagaram districts concluded in Visakhapatnam on October 18.

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Govt may sell six shale gas blocks soon

Govt may sell six shale gas blocks soon

The Union government may auction six shale gas blocks, with estimated reserves of over 50 billion cubic metres, this year. When it happens it will become India's first auction of exploratory blocks for this fuel. Of the six blocks, two most prolific blocks are in the Ranigunj coalfields of the Damodar basin in West Bengal. The others are in Jharia, also in the Damodar basin, and in the Cauvery basin in the south India.

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FIIs buy govt stake in state-run firms

FIIs buy govt stake in state-run firms

The government raised about Rs 23,830 crore offloading stake in 7 state-run firms during 2012-13. 39 percent of this amount came from FIIs, union government said in a press release. Only about 25 percent came from Insurance Companies including LIC and less than 10 percent from banks including Public Sect

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FIIs show interest in deploying capital

FIIs show interest in deploying capital

Foreign investors are showing strong interest in deploying capital on the Indian debt instruments as is evident from the recent auction of quotas to them. Foreign investors bid for quotas to invest in Rs 259.05 billion ($4.34 billion) worth of debt, while
only Rs 236.61 billion worth of debt was on offer, media repo

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Odisha govt to introduce e-auction after conducting study

Odisha govt to introduce e-auction after conducting study

Odisha government plans to conduct e-auction of iron ore in the state after studying the same in Karnataka. For this purpose, two officials from Odisha steel and mines department and one from CSM technology would visit Karnataka and study iron ore e auction patterns, modalities and challenges in the state. Following a Supreme Court order in 2011, e-auction of minerals is being conducted in Karnataka and this in

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Odisha govt to introduce e-auction after conducting study

Odisha govt to introduce e-auction after conducting study

Odisha government plans to conduct e-auction of iron ore in the state after studying the same in Karnataka. For this purpose, two officials from Odisha steel and mines department and one from CSM technology would visit Karnataka and study iron ore e auction patterns, modalities and challenges in the state. Following a Supreme Court order in 2011, e-auction of minerals is being conducted in Karnataka and this in

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Govt idenfies 8 lignite blocks for auction via competitive bidding

Govt idenfies 8 lignite blocks for auction via competitive bidding

Under Competitive Bidding of Coal Mine Rules, 2012, the central government would auction eight lignite blocks, five of them in Gujarat and three in Rajasthan. However, the government has not announced when these blocks would be put on auction. The estimated reserves in these blocks are not known immediately as they are not completely explored. On June

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Govt to offer 7 open cast mines to raise coal output

Govt to offer 7 open cast mines to raise coal output

The government has proposed to offer seven Open Cast Mines of about 25 million tonne capacity to Mine Developer-cum-Operators (MDOs) by this year end to increase coal production. Besides this, 14 blocks for power and three for mining have been put on offer recently under Government Dispensation Route and allocation of these blocks will be completed shortly

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