Govt Revises List, 38 Coal Blocks to Be Auctioned for Commercial Mining: Coal Ministry
4 years, 4 months ago

Govt Revises List, 38 Coal Blocks to Be Auctioned for Commercial Mining: Coal Ministry

News 18  

New Delhi: The Coal Ministry on Thursday said it has revised the list of mines to be auctioned for commercial mining and now 38 blocks would go under the hammer instead of 41 mines announced earlier. The coal ministry had earlier withdrawn Bander mine in Chandrapur district of Maharashtra from the list of 41 coal blocks put up for auction for commercial mining as the mine lies in the eco sensitive zone of Tadoba Andhari Tiger Reserve. "Revisions have been made in the list of coal mines offered for auction… Accordingly, 38 coal mines are offered for auction for commercial mining under 11th tranche of auction under CM Act, 2015 and 1st Tranche of Auction under MMDR Act, 1957," the coal ministry said in a statement. The ministry said that there has been "addition of Dolesara, Jarekela and Jharpalam-Tangarghat Coal Mines to the 1st tranche of auction under the MMDR Act, 1957." The ministry also said that there has been "withdrawal of Morga South Coal Mine from the 1st Tranche of Auction under the MMDR Act, 1957… Fatehpur East, Madanpur, Morga-II, and Sayang Coal Mines from the 11th Tranche of Auction under the CM Act, 2015."

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History of this topic

Kishan Reddy launches 60 coal block auctions
6 months, 3 weeks ago

Kishan Reddy launches 60 coal block auctions

Deccan Chronicle  

Hyderabad: In a significant move to enhance domestic coal production and ensure energy security for the nation, the Ministry of Coal launched the next tranche of coal block auctions here on Friday. The MoC has created a Single Window Clearance System portal to streamline obtaining clearances for coal mines and boost coal production through a single gateway, supporting progress and …

BRS supported auction of coal blocks in TG: Bhatti
6 months, 3 weeks ago

BRS supported auction of coal blocks in TG: Bhatti

Deccan Chronicle  

Khammam: Deputy Chief Minister Mallu Bhatti Vikramarka on Thursday said the BRS was today raising a hue and cry over the auction of coal blocks in the state, but they themselves were to blame as the party had supported the amendments to the Mines and Minerals Regulation Act of 1957, which allowed the participation of private groups in the bidding …

Centre asks Telangana govt to auction at least six mineral blocks by June 30
7 months ago

Centre asks Telangana govt to auction at least six mineral blocks by June 30

Deccan Chronicle  

The mines ministry has flagged that the Telangana government failed to auction any mineral blocks in past nine years and asked the state to put at least six mines on sale by the end of this month. These blocks consist of five iron ore mines, five limestone blocks and one manganese block.Till date not even a single block has been …

Chhattisgarh: 40 coal blocks in Lemru reserve not to be mined, says Coal ministry
1 year, 2 months ago

Chhattisgarh: 40 coal blocks in Lemru reserve not to be mined, says Coal ministry

Hindustan Times  

Raipur: The Union coal ministry has said that Coal India Limited’s 40 coal blocks in and around the Lemru Elephant Corridor will not be auctioned on the request of the Chhattisgarh government. Nine coal mines falling in dense Hasdeo-Arand coalfields have also been kept out for further rounds of auctions of coal blocks,” a Coal ministry statement said on Thursday. …

Government plans to auction 22 mineral blocks in next two months
2 years, 3 months ago

Government plans to auction 22 mineral blocks in next two months

India TV News  

Highlights Govt plans to auction 22 mineral blocks in Maharashtra, UP and Goa in November and December The mines to be auctioned include 6 iron ore blocks, 3 blocks each of limestone and gold The notice inviting tenders for the blocks were floated in September Mineral blocks auction : The government plans to auction 22 mineral blocks in Maharashtra, Uttar …

Coal Ministry to start e-auction of 10 commercial coal mines from today
2 years, 3 months ago

Coal Ministry to start e-auction of 10 commercial coal mines from today

Live Mint  

The Ministry of Coal had invited bids for coal mines for commercial coal mining. Total peak rate capacity of the mines being put up for e-auction is 39.31 million ton per annum," according to a statement by the Ministry of Coal. The Nominated Authority, Ministry of Coal has till now successfully auctioned 43 coal mines with PRC of 85.54 million …

Commercial Coal Mine Auctions: 31 Companies Submit Bids Via Online, Offline Modes
2 years, 6 months ago

Commercial Coal Mine Auctions: 31 Companies Submit Bids Via Online, Offline Modes

News 18  

The coal ministry has said a total of 38 offline bids have been received under three tranches of commercial coal mine auctions. “The Fifth Tranche, Second Attempt of Fourth Tranche and Second Attempt of Third Tranche of commercial coal mine auction were launched by the Nominated Authority, Ministry of Coal on March 30, 2022. It added that a total of …

How fair is India’s non-fuel mine auction process?
3 years, 4 months ago

How fair is India’s non-fuel mine auction process?

Hindustan Times  

The Mines and Minerals Amendment Act, 2015 ended the first-come, first-served system of mining allocations and has brought in an auctions regime. These include iron ore, limestone, iron ore & manganese, bauxite, manganese, graphite, gold, chromite, copper, and diamond –technically qualified bidders participated in an ascending forward online electronic auction and bid on the percentage of the value of minerals …

Govt Offers 67 Blocks in Second Tranche of Commercial Coal Mine Auction
3 years, 9 months ago

Govt Offers 67 Blocks in Second Tranche of Commercial Coal Mine Auction

News 18  

The government on Thursday offered 67 coal mines for sale, launching the second tranche of commercial coal mining auction and termed it a step towards 'Aatmanirbhar Bharat'. "India launched its 2nd tranche of auction for commercial coal mining, offering 67 mines for sale of coal, today. He also said that along with promoting commercial coal mining, the government is also …

Govt Mops Up Rs 8,965 Crore Till Nov from Auctioned, Allotted Coal Blocks
4 years ago

Govt Mops Up Rs 8,965 Crore Till Nov from Auctioned, Allotted Coal Blocks

News 18  

The government mopped up Rs 8,964.75 crore till last month from the auctioned and allotted mines, according to the coal ministry. Till date, 11 coal blocks under the MMDR Act have been allotted to various government companies, where two blocks are for commercial purpose and the remaining nine are for captive end-use, it said. In 2015, the central government brought …

Commercial Mine Auction: Adani Enterprises Wins Coal Block in Jharkhand
4 years, 2 months ago

Commercial Mine Auction: Adani Enterprises Wins Coal Block in Jharkhand

News 18  

Adani Enterprises Ltd on Saturday won Gondulpara coal mine in Jharkhand on the sixth day of commercial mining auction. Adani Enterprises made a final offer of 20.75 per cent revenue sharing for Gondulpara coal mine which has a geological reserves of 176.33 million tonnes, the coal ministry said in a statement. The ministry said that one coal mine of Jharkhand …

E-auction of 37 Coal Blocks Will be Subject to Court Orders, SC Rules
4 years, 2 months ago

E-auction of 37 Coal Blocks Will be Subject to Court Orders, SC Rules

News 18  

The Supreme Court Friday directed that the November 9 e-auction of 37 coal blocks, including five in Jharkhand, shall be subject to its final order. A bench of Chief Justice SA Bobde and Justices A S Bopanna and V Ramasubramanian asked the Centre to inform the bidders that benefits of any nature to them will be provisional and subject to …

Commercial Coal Mining: 278 Tender Documents Purchased by Prospective Bidders
4 years, 3 months ago

Commercial Coal Mining: 278 Tender Documents Purchased by Prospective Bidders

News 18  

The government on Monday said 278 tender documents have been purchased by the prospective bidders with regard to the coal blocks put up for auction under commercial mining. "In the present tranche of coal block auctions, 278 tender documents have been purchased by the prospective bidders in respect of 38 coal mines," the coal ministry said in a statement. The …

Mines Auction: Centre to Change 5 Coal Blocks in Chhattisgarh With 3 Other Mines in State
4 years, 5 months ago

Mines Auction: Centre to Change 5 Coal Blocks in Chhattisgarh With 3 Other Mines in State

News 18  

Coal Minister Pralhad Joshi on Friday said the Centre has accepted the suggestion of the Chhattisgarh government to change five mines in the state put up for commercial coal auctions with three other new mines. "The coal Ministry has accepted the suggestion of Chhattisgarh government to change five mines with other three new mines put under commercial coal auctions in …

SC Issues Notice In Jharkhand Govt's Plea Against Centre's Coal Block Auction
4 years, 6 months ago

SC Issues Notice In Jharkhand Govt's Plea Against Centre's Coal Block Auction

Live Law  

The Supreme Court on Tuesday issued notice in the plea filed by Jharkhand Government against the launch of auction process of coal blocks for purposes of commercial mining by the Prime Minister.A bench of CJI SA Bobde, N Subhash Reddy & AS Bopanna while issuing notice in the matter stated that apart from being inclined to hear the case, it …

Auction of coal mines: Against all reason
4 years, 6 months ago

Auction of coal mines: Against all reason

The Hindu  

IN one the biggest protest actions during the lockdown, five and a half lakh coal workers of Coal India Limited, a public sector undertaking, and Singareni Collieries Company Limited, which is jointly owned by the Union government and the government of Telangana, will go on strike for three days from July 2 to protest against the decision of the National …

PM Modi launches auction of 41 coal mines for commercial mining
4 years, 6 months ago

PM Modi launches auction of 41 coal mines for commercial mining

Op India  

On Tuesday, Prime Minister Narendra Modi addressed the nation on the event to launch the auction of 41 Coal mines for commercial mining. To make India self-reliant in the energy sector, a major step is being taken today.” He added, “We are not just launching the auction for commercial coal-mining today, but bringing the coal sector out of decades of …

Govt may launch coal blocks auction process under commercial mining on 11 June; 50 mines likely to be put on sale
4 years, 7 months ago

Govt may launch coal blocks auction process under commercial mining on 11 June; 50 mines likely to be put on sale

Firstpost  

The government last week approved a methodology for commercial mining of coal on revenue sharing basis. New Delhi: The Centre is likely to launch the process of coal blocks auction under commercial mining on June 11 and around 50 mines are expected to go under the hammer. An official on the condition of anonymity said the “government will come out …

Lockdown delays commercial coal mining auction to July, govt finalises bid document
4 years, 8 months ago

Lockdown delays commercial coal mining auction to July, govt finalises bid document

India TV News  

After more than five-year wait, the government may finally throw open the doors of the regulated coal sector for commercial mining by the private sector comprising both Indian and overseas miners in July. The decision to permit commercial coal mining would allow domestic mining firms like Essel Mining, Sesa Goa, JSW Energy, Vedanta, Adani and global giants like Rio Tinto, …

Parliament Passes Mineral Laws Amendment Bill, 2020 [Read Bill]
4 years, 10 months ago

Parliament Passes Mineral Laws Amendment Bill, 2020 [Read Bill]

Live Law  

The Mineral Laws Amendment Bill, 2020 was passed by the Rajya Sabha today with 83 votes in its favour and 12 votes against it. JUST IN: #RajyaSabha passes the Mineral Laws Bill, 2020, opening the mining sector for pvt/global players The Bill was cleared by #LokSabha on Friday, Mar 6 without any discussion RS also discussed Bill amidst scanty attendance …

Norms eased to sell coal blocks
6 years, 1 month ago

Norms eased to sell coal blocks

Deccan Chronicle  

New Delhi: Having failed to attract any bidders in the last three years for coal blocks, the NDA government — keen to attract greater participation from the private sector — has now tweaked the process wherein the time period for seeking clearances by allottees and commencing operations in the blocks has been increased to 66 months from 44. This relaxation …

Government plans to auction over 100 mines in six months
6 years, 3 months ago

Government plans to auction over 100 mines in six months

Hindustan Times  

Having secured ₹1.81 lakh crore in its kitty from e-auction of 50 mineral blocks, the government is looking to put on block another 100 mines in the next six months, according to the ministry of mines. There are 102 blocks in the pipeline to be auctioned by March 2019 in Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Odisha, …

Business Standard article on Coal auction revenues ‘falling short’ is sensationalist and poorly argued
6 years, 3 months ago

Business Standard article on Coal auction revenues ‘falling short’ is sensationalist and poorly argued

Op India  

The Business Standard article, which is behind a paywall, makes the following assumptions and assertions: The government claimed that the potential revenue claimed by the government was Rs 3.35 lakh crore and when these claims were made, 67 coal mines had already been auctioned or allocated. The article arrives at an estimated figure of Rs 22,400 crores that “should have …

Mines Ministry asks states to start auction of mining leases expiring in 2020 by July next year
6 years, 4 months ago

Mines Ministry asks states to start auction of mining leases expiring in 2020 by July next year

Firstpost  

The government has so far auctioned 43 mineral blocks. New Delhi: The Centre has asked all states to begin the auction of mining leases expiring in the next two years by July 2019 to avert any shortage of minerals. In a meeting of coordination-cum-empowered committee of 21 mineral-rich states held last month, the Mines Ministry asserted that “all states must …

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