The government expects to introduce competitive bidding for auctioning coal blocks by the end of the financial year.
Tag: Coal
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Tata Power secures coal for Mundra UMPP
Tata Power has received coal from Arutmin mines, Indonesia, for its 4,000-MW ultra mega power project (UMPP) at Mundra.
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RBI: Moderate growth, inflation to remain firm
High inflation and the consequential policy rate increases are likely to impact domestic growth in the future, said the Reserve Bank of India (RBI) in its Financial Stability Report. A slowdown in investment demand and the slackening global
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CIL preferred over coal block bidding
The government will consider competitive bidding for coal blocks, but only after allocating blocks to state-run Coal India and state governments.
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WB loan for DFC section
The World Bank has approved about Rs 4,500 crore loan for the 343 km Khurja to Kanpur stretch on the Eastern Dedicated Freight Corridor Project.
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Coal price pooling upsets industry
Industries, including power generating companies, are expressing concern over the recent move by the government to pool coal prices.
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Five companies bid for NTPC's Rs 9,000-crore tender
Five firms have bid for NTPC's Rs 9,000-crore tender for supply of nine units of supercritical power equipment including Bharat Heavy Electricals etc.
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Centre not to scrap e-auction
The coal minister has ruled out scrapping of e-auction of coal and indicated that any such move would increase the pithead stock.
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Huge coal shortfall estimated in 10 years
The government has admitted that the country would face a huge shortfall of 269 mt of coal by 2021-22 as the coal producing entities had failed to keep pace with the demand as well as economic growth.
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Fuel scarcity hits investor interest
The investor interest in the power sector is diminishing as lenders are starting to apply the brakes on funding of new private generation projects.