User: berkan Topic: Energy
Category: Conventional :: Coal
5 new since Mar 05 2015 18:39 IST RSS 2.0
 
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Coal block auction: Usha Martin, Adani emerge winners on first day of Round 2 5.3.2015 India News, Latest News in India, Live News India, India Breaking News - Times of India
Steel wire and rope maker Usha Martin and Adani Power emerged winners in the second round of mine auction that began with a bouquet of four ready-to-produce blocks on ...
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Spectrum sale to add Rs 80,000 crore 5.3.2015 Asian Age: Business
The high profiled spectrum and second round of coal auction kicked off on Wednesday, with Rs 60,000 crore bids coming in for airwaves only. In coal auction, Adani Power, Usha Martin and JSW Steel bagged mines in the second leg of coal block auction. The proceeds from the first round of coal blocks auction, in which 19 mines were offered is over Rs 1 lakh crore. After six rounds of bidding for 2G and 3G spectrum, around Rs 60,000 crore worth of bids were received. The bidding will resume on Thursday and money raised through auction may surpassed Rs 82,000 crore, which the government was expecting. The government will not release results of the auction because of a court ruling. Some eight companies are in fray to grab precious airwaves. Old operators Bharti Airtel and Vodafone are locked in fierce battle to protect their 900 mhz spectrum, which is more efficient band and require less opex. Reliance Jio of billionaire Mukesh Ambani has also entered the bidding fray which is expected to raise the final ...
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Sweaty Summer Months Ahead As Power Outages Loom Large 5.3.2015 The New Indian Express - Karnataka - http://newindianexpress.com/states/karnataka/
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Adani Power, Usha Martin Bag Mines in Second leg of Auction 5.3.2015 newindianexpress.com
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LS Passes Coal Bill 5.3.2015 newindianexpress.com
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Spectrum auction starts with a bang 5.3.2015 Telegraph: Business
The biggest auction of 2G and 3G airwaves today began on a high note with operators making bids worth an estimated Rs 60,000 crore after six rounds of bidding in all four bands.
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Milestone leap, then the slip 5.3.2015 Telegraph: Business
A surprise rate cut by the RBI today powered the Sensex to cross the historic 30000 mark, but sustained selling across sectors dragged the benchmark by a sharp 213 points at close, snapping a four-day budget rally.
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MP discoms proposes up to 25% power rate rise 5.3.2015 News
State electricity distribution companies (discoms) have demanded up to 25 per cent increase in rates across consumer categories.The demand is aimed at bridging the revenue gap, in the range of Rs 1,600 crore to Rs 1,835 crore (approximately), for ...
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Adani Power outbids Jindal in first coal auction win 5.3.2015 All Specials Stories
In phase-II of the auction, which began on Wednesday, private companies can bid for 11 about-to-produce mines
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Lok Sabha passes coal mines bill 4.3.2015 deccanherald.com
The Lok Sabha on Wednesday passed a Bill that provides for auctioning coal blocks that were deallocated by the Supreme Court, leading to uncertainty in the coal sector. The Coal Mines (Special Provisions) Bill seeks to replace the two ordinances issued by the government after the Supreme Court cancelled allocation of 204 coal blocks that provided fuel to power plants. The first ordinance was promulgated in October. The ordinance was re-promulgated in December as the government was unable to get Parliament's approval during the Winter Session. On Wednesday, the Bill was opposed by the Left and the BJD by moving a statutory resolution and amendments to the Bill, but were negatived by the Lok Sabha before passing the Bill by a voice vote. Replying to a debate on the bill, Coal and Power Minister Piyush Goyal said its passage would ensure "transparent and honest" process of auctioning of coal blocks. Highlighting the necessity of passing the bill, he warned that if the Bill is not passed, then there could be ...
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Adani, Usha Martin, JSW Steel bag coal mines in 2nd leg of auction 4.3.2015 deccanherald.com
The second round of e-auctioning of coal blocks started on Wednesday with Adani Power bagging Jitpur mine in Jharkhand while Usha Martin and JSW Steel winning Brinda/Sisai mines and Moitra mine, respectively, in the same state. Jitpur which was allocated for power sector, was won by Adani which quoted Rs 302 per tonne while Brinda/Sisai, reserved for unregulated sector like steel or cements, was bagged by Usha Martin which quoted Rs 1,804 per tonne. Moitra, which was also for unregulated sector, was bagged by JSW Steel at Rs 1,512 per tonne. Jitpur coal block in the Godda district of Jharkhand has extractable reserves of 65.535 million tonnes mt. Jitpur mine was earlier allocated to Jindal Steel & Power Ltd (JSPL). Brinda and Sisai coal mines have total extractable reserves of 25.40 mt. Though Brinda and Sisai are two coal mines, the government came out with one bid for both. The mines were for the non-power sector. Usha Martin beat BALCO, Sesa Sterlite and Easternrange Coal Mining Pvt Ltd to bag Brinda ...
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Clean coal power capacity may rise 103 GW by 2025 4.3.2015 HBL: Home

India’s power generation capacity from cleaner coal is expected to increase by 103 gigawatts (GW) between 2016 and 2025, according to research and consulting firm, GlobalData.“While Indi...

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Adani, Avantha signs share purchase pact for Korba plant 4.3.2015 Hindu: Business
Avantha Power & Infrastructure Ltd (APIL) has signed a binding share purchase agreement with Adani Power to sell its Korba West Power Company Ltd. (KWPCL) for Rs.4,200 crore. KWPCL, a...
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Adani Power, Usha Martin bag mines in second leg of coal auction 4.3.2015 Hindu: Business
On the first day of the second leg of the auction, four mines — Jitpur, Brinda, Sasai and Moitra — were up for grabs.
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BHEL weighs its options beyond power equipment 4.3.2015 Features
With the power sector in pain, the state-controlled Maharatna is getting into guns and submarines
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Adani Power, Usha Martin, JSW Steel bag mines in second leg of coal auctions 4.3.2015 FirstPost: Business

Adani Power, Usha Martin and JSW Steel bagged mines in the second leg of coal block auction that began on Wednesday.

The post Adani Power, Usha Martin, JSW Steel bag mines in second leg of coal auctions appeared first on Firstpost.

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Delay in price hike hits Coal India profits 4.3.2015 HBL: Companies
Production profile and pricing structure at root of miner’s problems
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Issue of Allocation of Coal Blocks for Karnataka Power Plants 4.3.2015 Govt of india: PIB
Minister of chemicals and fertilizers convenes a meeting with the union coal minister and karnataka political leaders to discuss the issue of allocation of coal blocks for state power plants
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PM Modi focussed on Skills Development: Piyush Goyal 4.3.2015 New Kerala: India News
Read Full story of 'PM Modi focussed on Skills Development: Piyush Goyal' at newkerala.com.
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Document leak: Delhi Police on lookout for three more persons 4.3.2015 New Kerala: India News
Read Full story of 'Document leak: Delhi Police on lookout for three more persons' at newkerala.com.
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