COAL AUCTIONS

Coal India Ltd (CIL) will revamp its electronic window system, allocation methodology, capping auction hours, and adjusting transport premiums. The July 11 concept note proposed changes, including allowing road transport. Subsidiaries, except Northe...

Coal India Limited (CIL) has lowered earnest money deposit and increased dry fuel quantity in e-auctions to encourage increased participation. The company has asked all its arms, except Northern Coalfields Ltd, to increase their offer quantity under...

The coal industry experienced a notable increase in production and dispatch in the first quarter of the fiscal year, with a significant rise in output from various sectors and mines. The coal ministry's report highlighted positive growth trends in t...

On Monday, Union Minister G Kishan Reddy granted the first Lithium block, Katghora, and the Rare Earth Element (REE) Block of Chhattisgarh to Maiki South Mining Private Limited, with a Final Percentage Ownership (FPO) of 76.05%. India currently depe...

The Ministry of Mines will launch the 4th tranche of auctions for critical and strategic mineral blocks on Monday in New Delhi. Union Minister G Kishan Reddy and Minister of State Satish Chandra Dubey will inaugurate the event. The launch follows am...

Union Coal and Mines Minister G Kishan Reddy launched the 10th round of commercial coal mine auctions, including 67 mines, to enhance domestic production and energy security. With a focus on reducing imports and increasing production, he highlighted...

Union Minister G Kishan Reddy to launch 10th round of commercial coal auctions with 60 mines on sale to enhance domestic production and energy security.

The government is considering overhauling the Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI) policy. Under the proposed changes, private electricity projects that signed power purchase agreements (PPAs) before May 17, 20...

Coal produced from the 62 blocks is permitted to be sold by the companies in the free market. So far, nine rounds of commercial coal auctions have taken place since 2020 and 107 coal blocks have been auctioned with 256 million tonnes peak rated capa...

The coal ministry is expected to seek approval for India's first coal trading exchange as part of its 100-day action plan. The exchange aims to facilitate transparent coal trading for both captive and commercial auction holders, potentially leading ...

Coal India Ltd's contribution to the government's exchequer decreased by 2.2% to Rs 9,560.28 crore in April-May of the current fiscal year, down from Rs 9,777.64 crore in the previous year. Total levies paid to the government in May rose to Rs 4,763...

The Indian government is offering three small oil and gas fields in an auction closing on July 15. The Directorate General of Hydrocarbons announced the bid round, with two fields in Mumbai offshore and one coal bed methane field in West Bengal. The...

Key minerals like copper, lithium, nickel, cobalt, and rare earth elements are crucial elements in numerous rapidly expanding clean energy technologies, ranging from wind turbines and electrical grids to electric vehicles.

CIL, NMDC, OVL, and KABIL are collaborating to secure critical minerals overseas, focusing on lithium for EV batteries. India defines 30 critical minerals to meet energy transition goals for various sectors.

State-run miners Coal India and NMDC are venturing into lithium mines in Chile and Australia, aiming to secure critical minerals. India's Mines Ministry encourages state-owned firms like ONGC Videsh to explore overseas. Delegations will visit Zambia...

The coal ministry will auction coal mines by May 10 to boost domestic production, reduce imports, and encourage imported coal-based power plants to switch to domestic fuel, aiming for zero thermal coal imports.

As many as 32 coal mines were put into action in the 9th round. "It will take another two weeks to announce the results of the 9th round. Within it, it will be announced," the official told PTI. As per official information, a total of 40 bids have b...

The opposition party also asked why no action was taken by the government and the prime minister on letters by two BJP leaders raising concerns over the coal auctions. It further asked whether the government would order an ED investigation into the ...

The Ministry of Coal is planning to offer coal at a notified price for coal gasification projects to boost the sector. This move aims to ensure that the industry does not face a shortage of coal. Coal gasification is a process that converts coal int...