Coal Licences

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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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  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 Block Verdict: Banks to Ask RBI for Recasting Loans, Says Financial Services Secretary

  Acknowledging that the Supreme Court's order on mass cancellation of coal block licences may impact banks' asset quality, a top Finance Ministry official on Monday said the lenders will approach the Reserve Bank of India (RBI) for restructuring such assets.

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  Supreme Court Ruling on Coal Blocks Likely to Hit Economy: India Inc

  The Supreme Court's mass cancellation of coal block licences will cause serious supply disruptions and accentuate the power crisis, and is likely to impact the economy by jeopardising investments in the sector, India Inc said today.

• Supreme Court to Decide Fate of 218 Coal Blocks Today

  The fate of 218 coal blocks, which was allocated to companies illegally by the Centre, will be decided by the Supreme Court today.

• Coal scam: Centre to cancel 41 coal block allocations, asks companies to respond

  The government today told the Supreme Court that it will cancel 41 coal block allocations made between 1993 and 2009 but yet to take off. The Supreme Court is hearing the case linked to violations in the grant of coal mining licences without bidding, at a huge cost to the government.

• Huge investment no ground for not cancelling coal allocation: Supreme Court

  The Supreme Court today said huge investments made by companies in coal blocks without getting clearance cannot be a ground for not cancelling licences and asked the Centre to respond whether it intends to de-allocate such allocations.

• Cabinet approves first ever coal block auction policy for private firms: full text

  The cabinet has approved auction of coal blocks to private companies, enabling the government to allot coal mining licences through competitive bidding for the first time. Here is the press release issued by the coal ministry on the methodology of allocation:

• India approves first ever coal block auction policy for private firms

  India relies on coal to fuel more than half of its power generation, but state-run monopoly Coal India Ltd, that accounts for around 80 per cent of the country's output has been unable to dig out coal fast enough to feed the country's growing power demand.

• Exploration of CIL's Mozambique mines may be completed in 2014

  CIAL had won a five-year licence for exploration and development of mines in Mozambique in August, 2009. Two coal blocks -A1 and A2- at Motaize, in Tete Province of Mozambique, are spread over 200 square kilometer.

• Reliance Gas wins licence for coal gas pipeline

  The pipeline will have a capacity to transport 4.3 million standard cubic metres per day (mmscmd) of gas, including 0.875 mmscmd capacity that will be available for any third party for open access on non-discriminatory basis.

• Coal scam: CBI files case against company that got mining licence in Chhattisgarh

  The Central Bureau of Investigation (CBI) investigating the coal scam has filed a case against a company for allegedly misrepresenting facts to get a mining licence in Chhattisgarh.

• Coal-gate: Inter-ministerial group advises cancellation of three more coal blocks

  The inter-ministerial group on coal blocks has advised the cancellation of three more coal blocks today. The group, looking into allegations that the government implemented a coal policy that provided windfall benefits to private players and cost the country thousands of crores, recommended that the licences of Gourangdih ABC Coal Block, Rawanwara ...

• Chidambaram on coal controversy: Highlights

  An Inter-Ministerial Group, with an expanded mandate to review the status of 90 coal blocks allotted since 1993 to private firms, is currently meeting. Sources say the panel might recommend that licences for about 60 of these blocks be cancelled as the firms they were allotted to have failed to develop them. Sources say such a move is also expected...

• Could cancellation of coal licences help Parliament get back to work?

  The coal scandal has dominated this session of Parliament - not through discussion or debate, but by becoming the point of paralysis that has led to virtually no business being transacted in either House. Disruptions by the BJP continued today and resulted in both houses of Parliament being adjourned for the day. The Monsoon Session concludes on Sa...