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Jindal Steel self-reliant in coal with mine win - The Telegraph

Nov 23, 2020The mine in Chhattisgarh is located near the company's 3.4GW coal-fired power plant, with JSPL offering the state government 25 per cent of the revenues to win the rights. Gare Palma is estimated to generate Rs 652 crore revenue to the Jindals on reaching peak rated capacity, which is 6mt a year.

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Chhattisgarh HC: Stays Auction of Non-Coal Mines under New Mines Act

Major Chhattisgarh based companies such as Jindal Steel and Power Limited (JSPL), Jayaswal Neco, and others have challenged the Act's validity, which seeks to Auction 572 dormant non-coal blocks across the country. The new Amendment was considered as a setback for industries that claimed to have invested much in the state.

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Coal Mining Block | Ministry of Coal, GOI

In respect of Shahpur East Coal block - Regarding : Downloads File size :727.58 KB File type: PDF 2014-02-01 : 147 : Show Cause Notice to M/s. Kamal Sponge Steel & Power Ltd. And M/s. Revati Cement Pvt. Ltd. In respect of Thesgora-B/Rudrappuri Coal block - Regarding : Downloads File size :765.62 KB

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Coal Block Cancellation - NDTV

The Chhatrasal coal block is one of the three captive coal blocks that were allotted to Sasan Power Ltd in 2006. The other two coal mines allocated for firing the Sasan project are Moher and Moher ...

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CoalNet | Coal Mine & Energy

Nov 9, 2020CoalNet has taken lead to provide balanced services for Energy Producer, Consumers & Policy Maker to optimize the methodologies and making the business objectives better

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Coal scam: ED attaches Chhattisgarh steel plant worth Rs206 crore

New Delhi: The Enforcement Directorate (ED) has attached a Chhattisgarh-based steel plant and its machinery worth Rs206 crore in connection with its money laundering probe in the coal scam case.

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Significant growth trajectory in Indian coal sector with private ...

The coal mine has 18 million tonnes of production capacity per year. During the first tranche of commercial coal, Sarda Energy and Minerals Ltd placed the winning bid for Gare Palma IV/7 coal mine in Chhattisgarh. The company quoted a revenue share of 66.75% for the mine encompassing geological reserve of around 234.205 million tonnes.

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Few seekers: Maharashtra, Chhattisgarh coal mines fetch lower bids ...

Another Adani Group company — CG Natural Resources Private Limited — has got two coal blocks in Chhattisgarh for a bid of 6%. CG Natural Resources has been set up for operations in Chhattisgarh.

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Gare Palma III coal mine - Global Energy Monitor

The Gare Palma-III coal block was previously owned by Goa Industrial Development Corporation, but was apparently never mined. The block was reauctioned in March 2015, and was bought by Chhattisgarh State Power Generation Company (CSPGCL). Mine Details. Sponsor: Chhattisgarh State Power Generation Company (CSPGCL) Parent company: State of ...

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Coal blocks scam: ED attaches assets worth Rs 6.03 bn of Chhattisgarh ...

Coal scam: ED attaches Rs 32-cr assets of Kamal Sponge and Steel Power Assets worth Rs 57.16 bn, 1st LoU issued in Mar 2011 seized: ED on PNB scam ... facts in order to qualify for coal block allocation process and fraudulently obtained the allocation of Fatehpur East coal block in Chhattisgarh, the ED said in a statement. ...

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Mand Raigarh Coalfield - Wikipedia

Mand Raigarh Coalfield is spread over an area of 520 square kilometres (200 sq mi). The field has a potential for mining of power grade coal, much of which can be extracted through open cast mining. Gare block has been identified for captive mining by private companies. According to the Geological Survey of India. Operations

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How many coal mines are in Chhattisgarh? - Quora

Answer: * There are total 12 coalfields in Chhattisgarh. * The state has 16% of the total coal deposits of India. * Around 44483 million tonnes coal has been estimated in 12 coalfields of the State located in Raigarh, Surguja, Koriya and Korba districts. * The state ranks 2nd in coal producti...

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Setback for Navin Jindal's Jindal Steel and Power, Delhi HC upholds ...

The Chhattisgarh coal mines were crucial for JSPL's power plant and steel operations. The coal was seen to be used in its 1,000 MW Tamnar Power Plant in Raigarh district of Chhattisgarh.

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Status of Drinking Water and Sanitation in rural India

In Budget Session 2018, Rajya Sabha has planned to examine the working of four ministries. The Ministry of Drinking Water and Sanitation is one of the ministries listed for discussion.

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CG Natural Resources highest bidder for Khargaon coal block

Shreesatya Mines emerged as the highest bidder for a coal block in Jharkhand. by Staff Writer August 7, 2021. SHARE. CG Natural Resources has emerged as the highest bidder for Khargaon coal block in Chhattisgarh, while Prakash Industries was the preferred bidder for Bhaskarpara mine in the state. Shreesatya Mines emerged as the highest bidder ...

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I Jindal Steel and Power - Business Standard

Jindal Steel and Power 03 April, 2022 Centrum Institutional Research 3 Winning of coal block will make JSPL 100% captive in thermal coal for expanded capacity JSPL won Utkal C coal block in February 2022 and now has emerged as preferred bidder for three coal blocks, namely Utkal B1,& B2 at Odisha and Gare Palma IV/6 at Chhattisgarh

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Coal blocks ruling: Jindal Steel, Hindalco among worst hit

Balco was given a block in 2007 and Sterlite Energy was jointly allocated coal blocks in Rampia and Dip Side Rampia in Orissa in 2008. Hindustan Zinc's Madanpur coal block in Chhattisgarh also ...

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Coal block auctions in India see aggressive bidding

Coal India's prices are set according to cost rather than based on supply and demand in the market and its costs are high at 1,118 rupees per tonne, more than half of which comes from employee and ...

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Government shortlists coal blocks for private mining in first round of ...

The shortlist of coal blocks — nearly all having at least 50 million tonne of reserves — include four mining blocks each in Odisha and Chhattisgarh, and one each in Madhya Pradesh and Jharkhand. ... alongside another state-owned company, is the only firm currently allowed to mine and sell coal. The rules, however, permit power, steel ...

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Chhattisgarh coal mining: CM demands Rs 4k cr from Centre - Moneycontrol

Eight companies, which have been allotted coal blocks in the state, have deposited additional levy to the tune of Rs 4140.21 crore with the Union Coal ministry, at the rate of Rs 295 per metric ...

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Mines auction: Centre to change 5 coal blocks in Chhattisgarh with 3 ...

Joshi said commencement of commercial coal mining will start a new era of growth and development in Chhattisgarh. Under commercial coal mining, the state will fetch minimum Rs 4,400 crore revenue in a year and and additional minimum premium of Rs 2,000 crore. It will also create around 60,000 additional jobs.

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JSPL bags Gare Palma coal mine block in Chhattisgarh | Mint

Dec 31, 2020Part of the OP Jindal Group, JSPL has a presence in steel, power, mining and infrastructure sectors. Photo: Getty Images. 1 min read . Updated: 31 Dec 2020, 08:24 PM IST PTI. In a statement ...

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Mines auction: Centre to change 5 coal blocks in Chhattisgarh with 3 ...

" Joshi said commencement of commercial coal mining will start a new era of growth and development in Chhattisgarh. Under commercial coal mining, the state will fetch minimum Rs 4,400 crore revenue...

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CoalNet | Coal Mine & Energy

CoalNet has taken lead to provide balanced services for Energy Producer, Consumers & Policy Maker to optimize the methodologies and making the business objectives better

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JSPL share rises 11.3% on winning Chhattisgarh coal block

Share price of Jindal Steel and Power (JSPL) went up 11.3% on Monday in the BSE, closing at Rs 137.25 after it became the highest bidder for the Gare Palma IV/1 coal block in Chhattisgarh. The coal...

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Coal court convicts second firm - Rathi Steel, three officials - DNA India

In its second conviction in a coal scam, a special court here on Tuesday held Delhi-based Rathi Steel and Power Ltd. (RSPL) and three officials guilty of illegal allocation of Chhattisgarh's Kesla North coal block. ... 2015, the CBI had alleged that RSPL had allegedly given false data about its land holdings and capacity to get a coal block in ...

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Gare Palma IV/7 coal mine in Chhattisgarh to be auctioned today

Gare Palma IV/7 coal mine in Chhattisgarh to be auctioned today. 3 min read . Updated: 09 Nov 2020, 08:02 AM IST Utpal Bhaskar. Adani Enterprises Ltd, Bharat Aluminium Company Ltd (BALCO), Jindal ...

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Indian coal sector with private players like Adani Group Chhattisgarh

Aug 28, 2021Adani Power Maharashtra offered a 9.5% premium on the floor price of Gondkhari coal mine, Maharashtra. However, the same group company CG Naturals Resources Ltd was the preferred bidder for Jhigador mine, Chhattisgarh. Sunflag Iron and Steel were also interested in the Gondkhari-explored mine, which has a peak production of 1 million tonnes ...

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Rajasthan asks Chhattisgarh for coal blocks development for energy ...

Weeks after several states faced an energy crisis due to depleting coal stocks, the Congress-led Rajasthan government has asked Chhattisgarh to fast-track the development of its two coal blocks in the state to help aid electricity production and ward off any blackouts.. Rajasthan Chief Minister Ashok Gehlot last month wrote to his Chhattisgarh counterpart Bhupesh Baghel, who is also from the ...

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Jindal Steel's bid for coal block in Chhattisgarh rejected, say sources

The Coal Ministry has rejected a Jindal Steel & Power Ltd's (JSPL) bid for a captive coal block in Chhattisgarh, sources said. The ministry sources confirmed CNBC-TV18 that the allotment of the Gare Palma IV/I to JSPL has been rejected in public interest.

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Chhattisgarh coal blocks a test case for acquiring tribal lands

Coal washery rejects from Parsa will also be used to set up a 1080 MW thermal power plant in Surguja that will be wholly owned and operated by Adani Mining Pvt Ltd.

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SC coal block decision worries Chhattisgarh power plants

India News: Threat of closure looms large over many coal blocks in Raigarh district of Chhattisgarh following recent Supreme Court declaring coal block allocation

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Coal Block In Chhattisgarh - NDTV

Jindal Steel and Power Ltd on Sunday denied that it has made any false statement before the Delhi High Court over changing the end-use of two coal blocks in Odisha and Chhattisgarh which had been...

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Mines Auction: Centre to Change 5 Coal Blocks in Chhattisgarh ... - News18

Joshi said commencement of commercial coal mining will start a new era of growth and development in Chhattisgarh. Under commercial coal mining, the state will fetch minimum Rs 4,400 crore revenue in a year and and additional minimum premium of Rs 2,000 crore. It will also create around 60,000 additional jobs.

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Coal Mining Project - Sondiha Coal Block Chhattisgarh - Hindustan ...

Sondiha Coal Block, Chhattisgarh. Hindustan Powerprojects Private Limited, (HPPPL) one of its promoted company (Lumen engineering Private Limited) has formed a joint venture with Chhattisgarh Mineral Development Corporation Limited (CMDCL) as partner for development of a commercial coal block. The State Government holds 51% of the stake and 49 ...

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Coal scam: Jindal Steel and Power refutes charges against Naveen Jindal ...

A Delhi Court said on Monday that Industrialist Naveen Jindal and four other officials of his company allegedly made incorrect claims before the Screening Committee for allocation of a coal block, while ordering framing of charges against them to face the trial. Special judge Bharat Parashar ordered framing of charges under sections 420 ...

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JSPL wins coal block in auction. | News On Project

Naveen Jindal-led Jindal Steel & Power (JSPL) recently emerged as the highest bidder for Gare Palma IV/1 coal block in Chhattisgarh with a bid price of Rs. 230 per tonne, a premium of 53% over reserve price, said people aware of the matter. The bid price is ironically just about a fifth of Rs. 1,585 per tonne for the same mine quoted by Bharat ...

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Commercial coal mine auction: CG Natural Resources highest bidder for ...

New Delhi: CG Natural Resources has emerged as the highest bidder for the Khargaon coal block in Chhattisgarh, while Prakash Industries was the preferred bidder for the Bhaskarpara mine in the state, according to an official statement. Shreesatya Mines Pvt Ltd was the highest bidder for a coal block in Jharkhand on the third and the last day of the second round of bidding under the commercial ...

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Mine auction: Jindal Power, Hindalco win coal blocks in Chhattisgarh ...

New Delhi: Jindal Power Ltd today bagged two coal mines in Chhattisgarh for an estimated Rs 1,679 crore, while Aditya Birla group-firm Hindalco Industries won a block there for estimated Rs 14,858.9 crore, taking the total number of mines won by the companies so far to 15. Coal Secretary Anil Swarup tweeted, "Gare Palma 4/2&3 goes at 108".

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Coal block auctions in India see aggressive bidding

Indian metal and cement companies have bid aggressively for coal blocks in the country's first auctions to sell mines as they look to cut imports and their dependence on inefficient government monopoly Coal India Ltd (COAL.NS). The stiff competition may strain the balance sheets of the winners, including aluminium makers Hindalco Industries (HALC.NS) and BALCO, Jaiprakash Associates (JAIA.NS ...

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