Against all odds, including the slump in coal demand, the government opened up the country's mining sector for private players by auctioning 19 blocks

The miner has asked power plants in the coastal areas to submit proposals for a gradual increase of its supplies to these units to reduce foreign exchange outgo

The auction of blocks for commercial mining has opened India's coal sector to private players

Speaking at the signing ceremony, Oil Minister Dharmendra Pradhan said that with the latest bid round, the Centre has over the past four years allocated 1.56 lakh square kilometre of acreage for finding and producing oil and gas

The government is looking into the feedback it has received on the proposed reforms and stressed that the Centre wishes to auction at least 500 mineral blocks in the coming two to three years, Pralhad Joshi said

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

Coal India had produced 39.5 MT of coal in the corresponding month of the previous fiscal

On Monday, the electronic auction would be held for five coal blocks --Chakla, Jharkhand; Marki Mangli-II, Maharashtra; Radhikapur (West), Odisha; Takli-Jena-Bellora (North) & TakliJena-Bellora (South), Maharashtra; and Urtan, Madhya Pradesh

Consumption of coal by end-user industries also improved marginally from 54.2 MT in May to 56.7 MT in June 2020, though, on a year-on-year basis consumption of coal in June was lower by 19.8 per cent

The revision in the list includes addition of three blocks Dolesara, Jarekela and Jharpalam-Tangarghat (in Chhattisgarh) and withdrawal of five blocks -- Morga South, Fatehpur, Madanpur (North), Morga-II and Sayang

Mining sector in the country contributed Rs 4 lakh crore to the Gross Domestic Product (GDP) last year and the sector employs 1.1 crore people directly and another 5.5 crore people are indirectly dependent on the sector

According to the revised schedule, the last date for submitting a technical bid is 2 pm of September 29, and e- auction would be carried out for qualified bidders between October 19 and November 9

If the aggregate demand for credit does not rise, clearly, 75% of the Aatmanirbhar Bharat Abhiyan package would simply fail to stimulate the economy

The unions, including RSS-affiliated Bharatiya Mazdoor Sangh (BMS), of Coal India have also decided to go for a day's strike on August 18, the last date for submitting bids for the auctioning of 41 blocks

Delhi's peak power demand has increased by around 50 per cent since easing of lockdown restrictions on May 18

Shares of Indian Telephone Industries (ITI) hit an upper circuit of 20 per cent amid reports that the Department of Telecom (DoT) has asked BSNL and MTNL to not use Chinese equipment for 4G upgradation

Share price of Coal India gained 7.84% intra day to Rs 139.65 compared to the previous close of Rs 129.50 on BSE

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\"Allowing private sector in commercial coal mining is unlocking resources of a nation with the world's fourth-largest reserves,\" he pointed out.

Lambasting past policies of keeping the sector closed, PM Modi pointed out that India should be world's biggest coal exporter considering size of reserves