APMDC Suliyari coal upcoming auction 1,00,000 MT for MP MSME on 1st Oct 2024 / 1st Nov 2024 & 2nd Dec 2024 @ SBP INR 2516/- per MT

APMDC Suliyari coal upcoming auction 75,000 MT for Pan India Open on 15th Oct 2024 / 15th Nov 2024 & 16th Dec 2024 @ SBP INR 3000/- per MT

Notice regarding Bidder Demo of CIL Tranche VII STEEL-Coking SUB-SECTOR of NRS Linkage e-Auction scheduled on 19.09.2024 from 12:30 P.M. to 1:30 P.M. in Coaljunction portal

Login Register Contact Us
Welcome to Linkage e-Auctions Welcome to Coal Trading Portal Welcome to APMDC Suliyari Coal

Coal news and updates

Govt to continue e-auction of coal even after de-allocation of coal blocks: Goyal

08 Sep 2014

Power Minister Piyush Goyal on Sunday said that he has inherited a crisis-ridden sector. To correct the situation, "We will ensure quick action after SC decision to get process rolling and enhance coal output to 1 billion tonne by 2019," Goyal said.
 
Power Minister Piyush Goyal on Sunday said that the 20 percent increase in coal based power production in the last three months is an achievement.
 
The Government will continue with the e-auction of coal to provide the fuel to the users, even in case of de-allocation of coal blocks.
 
Meanwhile, the Power Ministry also plans to rework the financial restructuring package for debt ridden state electricity boards.
 
Goyal also explained the reason for the coal shortage. Coal shortage at power stations is due to stocks being consumed faster for higher electricity generation.
 
State-run Coal India will spend Rs 5,000 crore for purchasing 250 rail rakes for the improving supply.
 
Meanwhile, State-owned Coal India Ltd (CIL) is planning to take steps to clear fuel supply bottlenecks, including augmenting output to 615 MT by FY'17, against the backdrop of the power sector reeling under fuel shortages. 
 
 
Source: http://zeenews.india.com/