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Coal blocks auction either by Dec or Jan: Govt

According to media reports, the government on September 15 stated that the auction of explored coal blocks may take place either by December or the beginning of the next year, A permission letter from the Ministry of Environment & Forests would be given to the successful bidder, Union Coal Secretary SK Srivastava said in Delhi.

Coal blocks auction either by Dec or Jan: Govt

According to media reports, the government on September 15 stated that the auction of explored coal blocks may take place either by December or the beginning of the next year, A permission letter from the Ministry of Environment & Forests would be given to the successful bidder, Union Coal Secretary SK Srivastava said in Delhi.

CIL to retain right to set coal price

Coal Secretary SK Srivastava has reportedly informed a news agency that the ultimate right to fix price of coal would be vested with Coal India (CIL) even after the setting up of a regulator. He said the proposed coal regulator would out the principles and methodologies upon which pricing will be done while the state-run miner CIL will retain the right to set p

CoalMin disapproves dual pricing for coal

The proposal of the Planning Commission to introduce dual pricing for coal was opposed by the union coal ministry, which argues that it is not a feasible plan. Under dual pricing, coal would be sold at different prices in different markets. Union coal ministry expressed its disapproval for the proposal at a meeting under the Chairmanship of Planning Commission Deputy Chair

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