Commercial coal mining: Day 1 of auction sees strong
The auction of coal blocks for commercial mining which kickstarted on Monday saw Vedanta bidding the highest for a mine in Odisha, while Hindalco bid the most for a block in Jharkhand.
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The auction of coal blocks for commercial mining which kickstarted on Monday saw Vedanta bidding the highest for a mine in Odisha, while Hindalco bid the most for a block in Jharkhand.
Coal ministry has decided to outsource the entire bidding process for auction of over 50 coal blocks that hold an estimated 18k mn tonnes in reserves.
#0183;#32;The bidding for coal mines in Jharkhand comes in the backdrop of Fridays Supreme Court order that said the Prime Minister Narendra Modi launched the auction process
#0183;#32;The Ministry of Coal has invited bids for four coal blocks once again, whose tender process was nullified in the first round of auction for commercial mining earlier. This was done as the number of technically qualified bidders for each mine was just one. Three of the four coal blocks are in Odisha, while the other one is in Jharkhand.
As per Government of India notification, the existing service tax rate of 15% will be replaced with GST rate of 18% The GST rate shall be applicable for coal registration/ renewal/profile changes etc. ePayment Link for DeActivated Buyer Digital Signature Certificate is mandatory for Spot amp; Forward Coal eAuction with effect from 1st July 2010 .
The Chief Justiceled bench was hearing the suit by the Jharkhand Government against the launch of the auction process of coal blocks for purposes of commercial mining by the Centre. quot; List these
What is an eauction? By simplifying the entire coal purchasing process with the help of the Internet, CoalJunction has been successful in providing the most efficient, convenient and transparent solution to coal the use of technology, coaljunction has been providing an online platform on which to trade in a fair and transparent manner.
#0183;#32;Coal India, Vedanta, Hindalco on radar after PM launches auction process for coal blocks 19 Jun, 2020, AM IST The move is aimed to open Indias coal sector for private players.
The Jharkhand government has moved the Supreme Court challenging the Central governments decision to unveil the process for the virtual auction of coal blocks for commercial mining.
Union Coal Minister Pralhad Joshi dubbed the coal mine auctions, a step towards Atmanirbhar Bharat in coal, speaking after completion of the bidding process of this auction. He stated that 19 mines have successfully been auctioned, which is the highest number of successfully auctioned mines in any tranche of coal auctions.
#0183;#32;Auction of coal blocks for Act, 1957 allowed participation in competitive bidding for commercial coal mining companies that carry out coal mining operations in India, thus the petitioner has highlighted that a day prior to the launching of the formal auctioning process, Jharkhand Government had already challenged the quot;hasty
NEW DELHI: The auction process of commercial coal mining witnessed a quot;very good startquot; and the response has been the best in domestic coal history, Coal Minister Pralhad Joshi has said. A total of
Coal power generation is down per cent yoy yeartodate (YTD), a drop of 70,000 MU. Total electricity generation for India (202021) KP: How do you see the Indian governments decision to auction coal blocks? It becomes pertinent considering the forecast of falling coal
#0183;#32;The Bharat Coking Coal Limited (), a subsidiary of Coal India Limited (), has invited bids to develop MW of gridconnected rooftop solar projects at 19 different locations of BCCL in Dhanbad, from the design, engineering, manufacturing, supply, storage, testing, and commissioning of the projects, the successful bidder will also have to take care of the projects
Jharkhand moves SC, challenges auction of coal blocks for commercial mining The chief minister said they had requested the Centre to put the exercise on hold in the wake of the Covid19 pandemic
#0183;#32;The matter pertains to the case filed by the Jharkhand government against the Centre''s move to auction mining rights for commercial sale of coal. The Centre amended the Coal Mines (Special Provisions) Act, 2015, in May in order to enable coal mining for noncaptive use.. The twostage auction commenced in September when companies submitted their technical bids consisting of eligibility and
#0183;#32;The Coal Ministry has again invited bids for four coal blocks for which the tender process was annulled in the first round of auction for commercial mining, as the number of technically qualified
#0183;#32;The first phase of auction of coal blocks for commercial use Chakla in Jharkhand four mines got only one bid, putting these 19 mines out of the auction process. Related Stories.
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