Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Global Cement
Online condition monitoring experts for proactive and predictive maintenance - DALOG
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
News coal block

Displaying items by tag: coal block

Subscribe to this RSS feed

Jaypee Cement to return coal blocks to ministry

20 October 2016

India: Jaypee Cement is seeking approval from the Ministry of Coal to return two captive coal blocks, which it previously won by auction in 2015. The company has told the ministry that it does not require the coal blocks as it has sold off the attached cement plants, a ministry official told the Economic Times newspaper. The official added that Jaypee Cement could be barred from bidding for other coal blocks for one year and that bank guarantees equivalent to a year’s revenue from the mines could be seized. The two blocks are Majra in Maharashtra and Mandla South in Madhya Pradesh.

Orient Cement agreed to purchase three cement plants from Jaiprakash Associates for US$292m in early October 2016.

Published in Global Cement News
Read more...

Commercial coal mining to be allowed

16 March 2015

India: In the first major step towards opening the coal mining sector, India's government will start allocating coal blocks to state governments for commercial mining. The move, which is expected to be undertaken in April 2015, will put an end to the 41-year-old monopoly over the commercial sale of coal.

The coal ministry will allot non-operational mines to state governments for commercial coal mining for end use in the iron, steel, cement and allied sectors. This will bring business and revenue to coal-rich states, which have so far only received royalties from private companies mining coal for captive use.

"Non-operational mines will be allotted to state governments to extract coal for commercial usage and market sale. States could then sell this coal to the utilities under their umbrella or any private company for various end uses, as specified in the ordinance," said a senior official. This is pursuant to an enabling provision on commercial mining and sale of coal in the coal ordinance (special provisions), 2014. The coal ministry will also issue guidelines for the appointment of mining development operators (MDOs) by states.

The coal ordinance has inserted section 3A in the Coal Mines Nationalisation Act to enable joint ventures by central and state governments and their companies and any other company, for mining operations in India 'in any form, either for own consumption, sale or for any other purpose,' in accordance with a licence granted by the state government concerned.

Published in Global Cement News
Read more...

UltraTech wins coal block in Madhya Pradesh

23 February 2015

India: On day six of India's coal block auction, 20 February 2015, UltraTech Cement won the Bicharpur coal block in Maharashtra for a price of US$48.2/t. The block contains coal deposits of 29.1Mt. UltraTech's parent company, Aditya Birla Group, has already won three blocks so far in the on-going coal block allocation auctions.

Published in Global Cement News
Read more...

UltraTech and Hindalco Industries win coal mines in India’s auction

20 February 2015

India: Day six of India's coal block auctions, on 19 February 2015, saw UltraTech Cement win the Bicharpur mine in Madhya Pradesh, which has 29.1Mt of coal reserves, for a bid of US$48.3/t. UltraTech beat ACC, Hindalco Industries, Jaypee Cement and OCL India, among others.

Aditya Birla Group's Hindalco Industries won the Gare Palma IV-5 block for US$56.3/t. The mine has estimated extractable reserves of 42.4Mt. It beat a number of rivals, including Ambuja Cement. Jindal Power Ltd won the Gare Palma IV-2 and 3 coal mines in Chhattisgarh, which have extractable coal reserves of 156Mt, for an estimated US$270m.

Published in Global Cement News
Read more...

Aditya Birla’s Hindalco Industries wins another coal mine in auction

19 February 2015

India: Aditya Birla's Hindalco Industries has won the Gare Palma IV/5 mine in Chhattisgarh, outbidding a number of companies, including Ambuja Cements, on day five of India's coal mine auction. The winning bid was US$56.4/t and the mine has extractable reserves of 42.4Mt. This is Hindalco Industries' second winning bid in the auction.

Published in Global Cement News
Read more...

Jaiprakash Power Ventures wins coal block on day four

18 February 2015

India: On the fourth day of India's coal block auctions, on 17 February 2015, Bharat Aluminium Co bid US$48.5/t to beat rivals Hindalco Industries and UltraTech Cement, among others, to win the Chotia mine in Chhattisgarh. The block has Grade C coal reserves with 1Mt/yr of production capacity. The price of imported coal of a similar grade is around US$72.2/t.

Jaiprakash Power Ventures won the Amelia North coal block in Madhya Pradesh for US$11.4/t, while agreeing to forego the mining cost. The mine has extractable reserves of 2.8Mt/yr and was previously owned by Madhya Pradesh State Mining Corp. OCL Iron & Steel won the Ardhagram mine in West Bengal at a price of US$36.9/t. The mine has extractable reserves of 400,000t/yr.

Published in Global Cement News
Read more...

Jaiprakash Associates and Aditya Birla’s Hindalco win coal mines

17 February 2015

India: Following the start of India's coal mine auction on 14 February 2015, in which Reliance Cement won the Sial Ghoghri mine in Madhya Pradesh for US$22.5/t, more mines have now been sold.

On the second day of the auction, 15 February 2015, Reliance Cement lost out on a mine in Maharashtra to Sunflag Iron and Steel, which bid US$28.7/t. Similarly, Aditya Birla Group's Hindalco Industries, which bid US$45.9/t for the Kathautia mine in Jharkhand, beat UltraTech Cement. The mine has 26Mt of coal reserves.

On the third day of the auction, 16 February 2015, Jaiprakash Associates won the Mandla North mine, which has 143Mt of extractable coal reserves, for US$40.3/t. UltraTech Cement and Hindalco Ltd had also placed bids for the mine. B S Ispat won the Marki Mangli III mine in Maharashtra for US$14.7/t, beating several rivals, including JSW Cement. The mine has 4.2Mt of extractable reserves.

Published in Global Cement News
Read more...

Reliance Cement wins mine in coal block auction

16 February 2015

India: The first of India's coal mines were auctioned on 14 February 2015. Reliance Cement won one mine for US$128m. Reliance Cement beat Hindustan Zinc and OCL Iron and Steel. The mine has 29.4Mt of total reserves and 5.69Mt of extractable reserves. The block had previously been allotted to Prism Cement earlier. Bidding for the first lot of mines will continue until 22 February 2015. Coal and Power Minister Piyush Goyal said that the money that the government will get from the auctions will be utilised for the development of the states.

Published in Global Cement News
Read more...

The first 21 coal blocks in India go up for auction

13 February 2015

India: JSW Energy, Reliance Cement and Ambuja Cement are among the 134 companies that have cleared the initial stages of coal auction for 21 blocks put up by the government. "Out of the 176 applications we received, 134 are found to be technically valid," said Coal secretary Anil Swarup.

The government had initially planned to auction 23 mines in the first round, but has put on hold bidding for two mines due to litigations. Of the 134 bids that are technically qualified, 12 are for the Gare Palma IV/7 coal mine in Chhattisgarh, making it the most sought after mine. Jaiprakash Associates and UltraTech Cement are among the 12 bidders. The Amelia (North) block and Bicharpur mines, both in Madhya Pradesh, have 10 bidders each.

Swarup said that the Ministry will go ahead with the auction of mines as per the schedule, though there have some court cases as a consequence of which there have been some changes. "Consequent to an interim order of the High Court, the auction of two mines has been put on hold. These are the Gotitoria East and Gotitoria West mines," said Swarup. The Coal Ministry had put both of the blocks in the unregulated sector, but the Court had directed that they should be considered for regulated sector.

Published in Global Cement News
Read more...

Cement sector may play cautiously at coal block auction

03 February 2015

India: The government is expecting aggressive bids for all of the 46 coal blocks whose reallocation will start on 14 February 2015, especially for blocks assigned to end-use power generation. However, for the blocks apportioned to the unregulated sector, including the cement, steel and captive power industries, the cement sector is likely to step carefully. Cement companies lost allocations to 12 coal blocks following a Supreme Court order that held all captive coal allocations as illegal.

Imported coal prices fell sharply in 2014, easing the economics of cement production. If prices of imported coal turn volatile however, cement companies face further problems. "We cannot depend solely on imported coal prices staying low and neither can the government assure good quality coal on the open market. We expect to see aggressive bidding for the blocks," said H M Bangur, managing director of Shree Cement.

As per the bid regulations by the ministry of coal, there will be a forward bidding model for the steel and cement sectors. Forward bidding implies aggressive bidding for the coal blocks since the price of these commodities is market-driven. The government has to reallocate 46 operational coal blocks through auction by 31 March 2015.

Published in Global Cement News
Read more...
  • Start
  • Prev
  • 1
  • 2
  • Next
  • End
Page 1 of 2
“Loesche
SR-MAX2500 Primary Shredder for MSW - Fornnax Recycling Technology
PrimeTracker - The first conveyor belt tracking assistant with 360° rotation - ScrapeTec
UNITECR Cancun 2025 - JW Marriott Cancun - October 27 - 30, 2025, Cancun Mexico - Register Now
Acquisition Cemex China CO2 coronavirus data decarbonisation Export France Germany Government grinding plant HeidelbergCement Holcim Import India Investment LafargeHolcim Mexico Nigeria Pakistan Plant Product Production Results Sales Sustainability UK Upgrade US
« July 2025 »
Mon Tue Wed Thu Fri Sat Sun
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement X
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
  • Global CemBoards
  • Global CemCCUS
  • Global CemFuels
  • Global CemFuels Asia
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • LinkedIn
  • Facebook
  • X

© 2025 Pro Global Media Ltd. All rights reserved.