coal block auctions Times of India
Late payment penalty for coal blocks halved to 12%, 68 norms decriminalised. TNN / Sep 08, 2022, 22:13 (IST) The coal ministry has halved penal interest on delayed payments of rent, royalty fee or ...
coal block auction process
Auction process for 40 new coal mines to begin next week: Govt
The government on Friday said it will begin next week the next round of auction process for 40 new blocks for the sale of coal. As the coal ministry has entered into a rolling auction mechanism, the blocks rolled over from the previous tranche will also be on offer, according to an official statement.
Investors conclave on commercial coal mines auction and opportunities ...
This is the largest ever coal block auction till date launched in the country. Additional Secretary Nominated Authority, Mr. M. Nagaraju welcomed all the investors and informed the forum about the coal reforms undertaken by Ministry of Coal to improve the attractiveness of the coal auction process and make it more investor friendly.
PDF Chapter 2 The eAuction: Design and Process Comptroller and Auditor ...
'additional levy' by the prior allottees of the cancelled coal blocks `295 PMT of coal extracted. This was also a precondition for any prior allottee to participate in the eauction process for any of the coal mines. 4 The reserve price was fixed `100 per tonne in the methodology and the additional reserve price was the price, based on
CM Stalin asks PM Modi to stop Tamil Nadu coal block auction
CM Stalin asks PM Modi to stop Tamil Nadu coal block auction . ... "This implies that even if the tender process is conducted and a successful bidder is identified, it would not be possible to ...
Germany's cabinet approves accelerated coal exit by 2030 in western ...
Germany's cabinet on Wednesday approved a draft law to phase out coalfired power plants in the western state of North RhineWestphalia by 2030 instead of a previous date of 2038, part of Berlin's ...
Coal Ministry to conduct Investor Conclave in Mumbai
The block boundaries of some of the coal mines where there was presence of dense habitation, high green cover or critical infrastructure etc. have been modified basis comments received during stakeholder consultations to enhance bidders' interest and participation in these coal blocks. Key features of the auction process include reduction in ...
Coal Blocks Cases | Current Affairs IAS Parliament
In case of government companies, Ministry directly were to make allocations of coal blocks. 2015 bill The 2015 Bill provides details for the auction process, compensation for the prior allottees, the process for transfer of mines and details of authorities that would conduct the auction. In December 2014, the ministry notified the Coal Mines ...
Mineral auction regime in India: challenges and future outlook
The MMDR Amendment Act, 2015, which came into force on 12 January 2015 has ushered in the regime of transparent and nondiscretionary grant of mineral concessions, and thereafter all the concessions of major minerals are granted through auction. Further, the eauction process for the grant of mineral blocks has laid the foundation stone for ...
Coalgate scam A legal picture iPleaders Blog
The Coalgate scam has been a negative mark on the UPA tenure in India from as it laid out all the wrongdoings by the ruling government. The scam is about a scandal in the allocation of coal blocks to the competing companies, that lacked the proper procedure of auctions through which the highest bidder could get the block.
Transparent two stage Online Auction Process to be in Place
As Chief Guest, Union Minister of Coal, Mines and Parliamentary Affairs, Shri Pralhad Joshi will be launching the first ever critical minerals auction process. Twenty blocks of critical and strategic minerals being auctioned are spread across the country. This is a landmark initiative that will boost our economy, enhance national security and ...
Evaluating coal block auctions | Request PDF ResearchGate
After the deallocation of coal blocks by the Supreme Court in 2014, the Ministry of Coal set out in motion the auction of coal blocks with the objectives of fair and transparent process and ...
Ministry of Coal: Ministry of Coal latest news, Coal ministry ...
Technical bids coming for the seventh round of commercial coal block auctions will be opened on June 28, an official statement said on Monday. "As part of the auction process, Technical Bids comprising of online and offline bid documents will be opened on June 28, 2023, 10:00 am onwards at New Delhi, in the presence of the bidders," the ...
Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to ...
Berlin to restart coalfired plants and auction gas to reduce consumption . By . William Boston. June 19, 2022 8:45 am ET. Share. ... HR Block Tax: Get 20% off HR Block tax software products;
Coal blocks auction for commercial mining: SC to hear Jharkhand's plea ...
NEW DELHI: The Supreme Court on Monday said it would hear next week a plea filed by the Jharkhand government challenging the Centre's decision for virtual auction process of 41 coal blocks for commercial mining. A bench headed by Chief Justice S A Bobde said the plea would be heard along with a separate original suit filed by Jharkhand government which has questioned the Centre's decision to ...
Press Information Bureau
The Ministry of Coal has received unprecedented response to the coal block auctions under sixth round and second attempt of fifth round of commercial coal block auctions that was launched on November 3 rd, last date for submission of technical bids was January 30 th, total of 99 bids for 36 coal mines have been received in the physical form.
Coal Block Allocations and the 2015 Bill PRS Legislative Research
The 2015 Bill primarily seeks to allocate the coal mines that were declared illegal by the Supreme Court. It provides details for the auction process, compensation for the prior allottees, the process for transfer of mines and details of authorities that would conduct the auction. In December 2014, the ministry notified the Coal Mines (Special ...
PDF Auction of Coal Blocks for Commercial Mining
latest tranche of auction of 133 coal mines including 71 new mines on 3rd November, 2022. After successful auction of 64 coal mines in the five tranches, Ministry of Coal has now launched the auction process of 71 new coal mines (18 new mines under Tranche 16 of CM(SP) Act and 53 new mines under the Tranche 6 of MMDR Act). With coal
Coal blocks put on sale through transparent mechanism, says govt
08 Nov 2023, 5:33 am. New Delhi, Nov 8 (PTI) The coal ministry on Wednesday clarified that postcancellation of 204 blocks in the year 2014, the mines are being put on auction via a 'transparent' mechanism. The clarification comes a day after Congress alleged that the Narendra Modi government reversed the longstanding policy of competitive ...
What Germany's Effort to Leave Coal Behind Can Teach the
A parking lot at the Boxberg coalfired power plant, owned by a Czechcontrolled company called LEAG, in eastern Germany. Credit: Joakim Eskildsen/Institute for The New Yorker "God created ...
Mineral Blocks Auction: Govt puts 20 mineral blocks worth Rs 45,000 ...
New Delhi: The central government on Wednesday launched the auction process for 20 mineral blocks, including significant lithium reserves in Jammu Kashmir, estimated to be worth Rs 45,000 strategic move is part of India's broader goal to strengthen its critical mineral supply chain for energy transition and to achieve its netzero target by 2070.
Auction of coal mines: Against all reason Frontline The Hindu
On June 10, lakh coal workers in all the 535 collieries spread over eight coalbearing States and offices of subsidiaries of CIL and SSCL held a oneday protest against a coal block auction scheduled for June 11. The government called off the auction process, but in less than a week it went back to its original plan.
How India allowed RPSanjiv Goenka firms to beat coal auctions Al Jazeera
27 Feb 2023. New Delhi, India At 11am on January 31, 2015, India's Ministry of Coal started the online bidding for the Sarisatolli coal mine in the eastern state of West Bengal. But it did ...
All you want to know about coal mine auctions
Last week, Prime Minister Narendra Modi threw open the auction of 41 coal blocks for commercial mining. The decision, which was part of the announcements made by the Centre under the Atmanirbhar ...
PDF COMMERCIAL MINING OF COAL Press Information Bureau
the auction process of 41 coal mines for commercial mining with an aim to achieve selfsufficiency in meeting energy needs and boost industrial development. India concluded its first commercial coal mine auctions in 2020. A total of 19 coal mines were auctioned in this first tranche, which is the highest number of suc
Welcome to MSTC ECommerce
Competent Authority has approved the methodology for auction of coal mines/blocks identified under the relevant Act for sale of coal as mentioned in para 2 below: Methodology and other conditions for auction of coal mines for sale of coal: Applicability: It shall be applicable on auction of all fully explored coal blocks/mines
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Brief Description of Mines MSTC ECommerce
Presentation On Technical Information on coallignite blocks under 6th round of Auction. Presentation on Coal sector reforms. Investor Meet Presentation_Auction Process. NIT 16 Tr CMSP 6 Tr MMDR second attempt 15 Tr English. Revised Notice regarding launch of 6th round of auction. Annulment noticeParbatpur Central.
TN CM red flags auction of coal blocks in fertile Cauvery delta says ...
Chennai, Apr 4 (PTI) Three coal/lignite mining blocks in Tamil Nadu's Cauvery delta region proposed for auction by the Centre should be excluded from the process, Chief Minister M K Stalin urged, writing to Prime Minister Narendra Modi on Tuesday. ... Hence, the auction process is a wasteful exercise in so far as the identified blocks in Tamil ...
Ministry of Coal launches 8th round of commercial coal mines auction ...
New Delhi: The Ministry of Coal on Wednesday launched the eighth round of commercial coal mines auction process. A total of 39 coal mines are on offer, said officials. "Today Union Coal Minister Pralhad Joshi started the 8th round of commercial coal mines auction. In this total 39 coal blocks are offered. Out of this, 35 coal blocks are being offered for the first time and the other 4 have ...
Measures Adopted To Step Up Coal Block Auction Production
Posted On: 28 MAR 2022 5:15PM by PIB Delhi. All India coal production during AprilFebruary 202122 was MT registering a growth of %. In order to increase more coal production, the focus of the Government is on accelerating domestic production of coal through allocation of more coal blocks, pursuing with State Government for ...
Opening of Technical Bids for Auction of Coal Mines Under Commercial Mining
Highest Ever number of bids Received in Commercial Auction of Coal Blocks Six Public Sector Companies Submit Bids Peak Rate Capacity of 22 Fully Explored Coal Blocks ... The auction process of 141 coal/lignite mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on November 03, 2022. The last date of submission of ...
Coal Ministry Receives Unprecedented Response to Coal Block Auction in ...
The Ministry of Coal has received unprecedented response to the coal block auctions under sixth round and second attempt of fifth round of commercial coal block auctions that was launched on November 3 rd, last date for submission of technical bids was January 30 th, total of 99 bids for 36 coal mines have been received in the physical form.
Ministry of Coal, Government of India
Now, the sector has been opened up for commercial coal mining by private players in 2020 and first ever successful auction of commercial mining was launched by the Hon'ble Prime Minister on and concluded with allocation of 19 coal mines. Commercial coal block auctions are conducted in a twostage online bidding process, which ...
PDF Policy Initiatives Ministry of Coal
First Tranche of Auction •Auction of coal blocks for commercial mining was launched in June 2020 with 38 blocks in the first tranche. •Out of 38 blocks, the auction process successfully completed for 19 blocks in November 2020 •Coal blocks/ mines have been successfully auctioned with the winning % revenue share ranging from % to %
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