Coal Block Cancellation
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Supreme Court "Lost Its Way" While Cancelling Coal Block, 2G Licences: Mukul Rohatgi
The Supreme Court "lost its way" while cancelling all allocations of coal blocks, 2G spectrum licences and iron ore mining and "its zeal to protect the environment" dealt a serious blow to the country's economy, former Attorney General Mukul Rohatgi said on Saturday.
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Supreme Court Notice To Rajasthan Vidyut Nigam Over Coal Block Allocation
The Supreme Court on Tuesday issued notice to Rajasthan Rajya Vidyut Utpadan Nigam on a petition seeking de-allocation of its coal block in Chhattisgarh and cancellation of the joint venture and coal delivery agreement with Adani Enterprises Limited (AEL).
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Ex-Bureaucrat Accused In Coal Scam Withdraws Plea To Cancel His Bail
Former Coal Secretary and an accused in several coal scam cases, HC Gupta today withdrew his application for cancelling his bail. Mr Gupta had told a special CBI court last week that he would rather face trial from inside jail than be out on bail since he could no longer afford his legal defence.
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Government Cancels 4th Tranche of Coal Auction on Poor Response
The government on Wednesday annulled the process for a fourth round of coal block auctions, scheduled for the next month, on account of poor response from bidders in sectors like steel as well as depressed commodity prices and adverse market conditions.
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NTPC Aims to Start Pakri-Barwadih Coal Mine This Year
State-owned power producer NTPC on Monday said it is targeting to begin production from the Pakri-Barwadih coal block in Jharkhand this year and three more blocks in next two years.
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Government Allocates 2 Coal Blocks in Odisha to Nalco
Though the Utkal E coal block was allotted to Nalco in 2004, it was later cancelled in the wake of a Supreme Court judgement.
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Government Cancels One of 3 Mines Allotted for Reliance Power's Sasan Project
The Chhatrasal coal block is one of the three captive coal blocks that were allotted to Sasan Power Ltd in 2006. The other two coal mines allocated for firing the Sasan project are Moher and Moher-Amlohri extension.
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Short-Term Fuel Supply to Power Projects Extended Till June
The government has extended till the end of June short-term supply of coal to power plants, which had lost their mines after the Supreme Court cancelled licences of 204 blocks last year.
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Coal Auction: Power Firms Face Huge Under-Recovery in Fuel Cost, Says Icra
Aggressive bidding seen in the auction of 33 mines would result in a significant under-recovery in fuel cost estimated at Rs 1,800 crore by financial year 2017-18 for the winning bidders in power sector, rating agency Icra said.
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No Evidence of Cartel in Low Bids for Coal Blocks: Court
A court on Friday said there was "absolutely no evidence" of collusion in the low winning bids for three of the 33 coal mines put up for auction by the government over the past two months.
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Cancelling of Jindal Power Bid, Allotting Mines to CIL 'Wrong': Court
Government's decision to cancel the bid of Jindal Power Ltd (JPL) for two Chhattisgarh coal mines by annulling the tender process and allotting them to Coal India Ltd (CIL) is "prima facie wrong", Delhi High Court said on Thursday .
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NTPC Gets Back Five Coal Blocks
State-owned power generation company NTPC on Wednesday said it has been re-allotted five coal blocks that were cancelled last year by the Supreme Court.
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New Round of Coal Block Auctions From April: Power Minister
The government is ready to launch the next round of coal block auctions from April even as it is facing litigation by Jindal Steel & Power Ltd (JSPL), which saw its bids being cancelled in the last round of auctions.
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Government Allots 38 Coal Mines to Central, State PSUs
The government on Tuesday allotted 38 mines to central and state public sector units including power major National Thermal Power Corporation (NTPC), DVC and Steel Authority of India Ltd (SAIL).
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JSPL Moves High Court Against Cancellation of Coal Blocks
The government was re-examining the bids for nine coal blocks, including those where JSPL and Balco emerged top bidders in the recently held auction.
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Supreme Court "Lost Its Way" While Cancelling Coal Block, 2G Licences: Mukul Rohatgi
The Supreme Court "lost its way" while cancelling all allocations of coal blocks, 2G spectrum licences and iron ore mining and "its zeal to protect the environment" dealt a serious blow to the country's economy, former Attorney General Mukul Rohatgi said on Saturday.
-
Supreme Court Notice To Rajasthan Vidyut Nigam Over Coal Block Allocation
The Supreme Court on Tuesday issued notice to Rajasthan Rajya Vidyut Utpadan Nigam on a petition seeking de-allocation of its coal block in Chhattisgarh and cancellation of the joint venture and coal delivery agreement with Adani Enterprises Limited (AEL).
-
Ex-Bureaucrat Accused In Coal Scam Withdraws Plea To Cancel His Bail
Former Coal Secretary and an accused in several coal scam cases, HC Gupta today withdrew his application for cancelling his bail. Mr Gupta had told a special CBI court last week that he would rather face trial from inside jail than be out on bail since he could no longer afford his legal defence.
-
Government Cancels 4th Tranche of Coal Auction on Poor Response
The government on Wednesday annulled the process for a fourth round of coal block auctions, scheduled for the next month, on account of poor response from bidders in sectors like steel as well as depressed commodity prices and adverse market conditions.
-
NTPC Aims to Start Pakri-Barwadih Coal Mine This Year
State-owned power producer NTPC on Monday said it is targeting to begin production from the Pakri-Barwadih coal block in Jharkhand this year and three more blocks in next two years.
-
Government Allocates 2 Coal Blocks in Odisha to Nalco
Though the Utkal E coal block was allotted to Nalco in 2004, it was later cancelled in the wake of a Supreme Court judgement.
-
Government Cancels One of 3 Mines Allotted for Reliance Power's Sasan Project
The Chhatrasal coal block is one of the three captive coal blocks that were allotted to Sasan Power Ltd in 2006. The other two coal mines allocated for firing the Sasan project are Moher and Moher-Amlohri extension.
-
Short-Term Fuel Supply to Power Projects Extended Till June
The government has extended till the end of June short-term supply of coal to power plants, which had lost their mines after the Supreme Court cancelled licences of 204 blocks last year.
-
Coal Auction: Power Firms Face Huge Under-Recovery in Fuel Cost, Says Icra
Aggressive bidding seen in the auction of 33 mines would result in a significant under-recovery in fuel cost estimated at Rs 1,800 crore by financial year 2017-18 for the winning bidders in power sector, rating agency Icra said.
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No Evidence of Cartel in Low Bids for Coal Blocks: Court
A court on Friday said there was "absolutely no evidence" of collusion in the low winning bids for three of the 33 coal mines put up for auction by the government over the past two months.
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Cancelling of Jindal Power Bid, Allotting Mines to CIL 'Wrong': Court
Government's decision to cancel the bid of Jindal Power Ltd (JPL) for two Chhattisgarh coal mines by annulling the tender process and allotting them to Coal India Ltd (CIL) is "prima facie wrong", Delhi High Court said on Thursday .
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NTPC Gets Back Five Coal Blocks
State-owned power generation company NTPC on Wednesday said it has been re-allotted five coal blocks that were cancelled last year by the Supreme Court.
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New Round of Coal Block Auctions From April: Power Minister
The government is ready to launch the next round of coal block auctions from April even as it is facing litigation by Jindal Steel & Power Ltd (JSPL), which saw its bids being cancelled in the last round of auctions.
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Government Allots 38 Coal Mines to Central, State PSUs
The government on Tuesday allotted 38 mines to central and state public sector units including power major National Thermal Power Corporation (NTPC), DVC and Steel Authority of India Ltd (SAIL).
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JSPL Moves High Court Against Cancellation of Coal Blocks
The government was re-examining the bids for nine coal blocks, including those where JSPL and Balco emerged top bidders in the recently held auction.
