KVIC Chairman interacts with the artisan women of Lijjat Papad (See 'Corp Brief') Nadda addresses World Congress of Gastroenterology 2026 in New Delhi (See 'Corp Brief') CCI approves acquisition of equity in Continuum Green Energy by Chubu Electric Power (See 'Corp Brief') IPR - Goodwill of partnership is partnership asset, and only partners have right to property of firm subject to contract: HC (See 'Legal Desk') CCI nod for acquisition of majority shares in Volkswagen subsidiary by Bain Capital Investors (See 'Corp Brief') CCI fine with acquisition of 100% shareholding of FMC India by Crystal Crop Protection (See 'Corp Brief') IPR - Cable operator's licence did not extend to hotel's commercial use, as definition of subscriber under Cable Television Networks (Regulation) Act prohibits further transmission to any other person: HC (See 'Legal Desk') CCI okays acquisition of equity in IndiaFirst Life Insurance by BNP Paribas (See 'Corp Brief') HD Kumaraswamy launches Impact Report of MHI Industry Accelerator (See 'Corp Brief') A&C - Orders where Courts of Record refrain from exercising contempt jurisdiction are not appealable under Section 19 of CC Act: HC (See 'Legal Desk') NIFT Students make a Mark at WorldSkills Shanghai 2026 with Two Silver Medals (See 'Corp Brief') UIDAI unveils 5 new initiatives at Aadhaar Samvaad Kolkata (See 'Corp Brief') Ministry of Tribal Affairs and IGNCA sign MoU for Promotion of Tribal Cultural Heritage (See 'Corp Brief') IBC - Regulatory fee introduced by Insolvency and Bankruptcy Board of India with effect from Oct 01, 2022, is neither ultra vires IBC nor violative to Art 14 of Constitution: HC (See 'Legal Desk') Shekhawat felicitates 20 Award-Winning Artists at National Exhibition of Arts (See 'Corp Brief') CAQM approves revised GRAP Schedule; Tightens Measures for Vehicles (See 'Corp Brief') Civil Aviation Minister curtain-raises Routes Asia (See 'Corp Brief') IPR - If websites prima facie bear hallmarks of rogue websites and are predominantly engaged in facilitating copyright infringement, court can grant ad-interim blocking and anti-infringement relief against them: HC (See 'Legal Desk') Govt hands over first PRAMAAN certificates to AP and a Bamboo Farmer from Odisha (See 'Corp Brief') NITI Aayog organises National Workshop on 'Viksit Panchayat' (See 'Corp Brief') A&C - Validity of unilateral appointment of sole Arbitrator in arbitrations commenced before Oct 23, 2015, must be tested under pre-amendment regime: HC (See 'Legal Desk') India showcases Forest and Landscape Restoration Initiatives at COFO 28 in Rome (See 'Corp Brief') Railways approves Rs 122 Crore for 6 km Barbil-Bolanikhadan Doubling Project (See 'Corp Brief') Yadav reviews Delhi's Air Pollution Mitigation Plan with Delhi CM (See 'Corp Brief') IPR - Registered proprietor of well-known trademark is entitled to immediate ex-parte injunctive relief against anonymous entities operating rogue websites with masked identities: HC (See 'Legal Desk') Chouhan calls for Scientific Monitoring for Rabi Season 2026 (See 'Corp Brief') MoS pitches for wider Govt-Industry and Start-up collaboration in Space Sector (See 'Corp Brief') IPR - If both trademark infringement and passing off causes of action arise in Kerala, plaintiff cannot invoke Sec 134(2) of Trade Marks Act to club claims and force small Kerala-based defendant to litigate in Mumbai: HC (See 'Legal Desk') PM-MKSSY transforming Risk Management for India's Aquaculture Farmers (See 'Corp Brief') Nadda reviews Progress of Lady Hardinge Medical College (See 'Corp Brief') A&C - For awarding damages u/s 73 of Contract Act, proof of loss or injury is sine qua non, and Hudson Formula is no substitute for proof of damages: HC (See 'Legal Desk') CBN Rajasthan Unit seizes nearly four tonnes of contrabands (See 'Corp Brief') Ministry of Tourism exchanges MoUs with industry partners to strengthen tourism promotion (See 'Corp Brief') India moving from Defence Importer to Trusted Global Defence Supplier: RM (See 'Corp Brief') A & C - High Court erred in holding that petitions filed u/s 34 of the Act were barred by limitation, considering that applications were filed well within statutory limitation period: SC (See 'Legal Desk') NZP to celebrate Wildlife Week 2026 from 2nd - 8th October 2026 (See 'Corp Brief') HM launches various initiatives related to women empowerment in Kollam (See 'Corp Brief') Medical colleges rise from 387 to over 800: Patel (See 'Corp Brief') TradeMarks - When special law like Trade Marks Act restricts institution of suits to courts not inferior to District Judge, it remains entirely consistent with Commercial Courts Act, provided High Courts designate District Judges as commercial courts - case referred to Larger Bench: SC (See 'Legal Desk') ICAT marks 20 Years of Excellence with PM e-Drive Dialogue with the industry (See 'Corp Brief') From Rural Needs to Real-World Solutions: RuTAG 2.0 focuses on deepening Technology Impact (See 'Corp Brief') India International Water Week 2026 concludes with Focus on Climate-Resilient Management (See 'Corp Brief') A&C - Period of limitation u/s 34(3) of Arbitration Act must be reckoned from date of disposal of Sec 33 application, regardless of whether such application is ultimately found to be frivolous or sham: HC (See 'Legal Desk') An unsuccessful 'success fee' litigation (See CORP EINSICHT)

Print

Coal Ministry inks agreement with bidders of eight coal mines

Published: Sep 23, 2021

By TIOLCorplaws News Service

NEW DELHI, SEPT 23, 2021: TODAY, Ministry of Coal executed agreements with the eight successful bidders pursuant to the auction of second tranche of coal mines for commercial mining (Tranche 12 under CMSP Act and Tranche 2 under MMDR Act). While addressing the successful bidders, Union Minister of Coal, Mines and Parliamentary Affairs, Mr Pralhad Joshi congratulated them for their successful participation in the auction process. The Minister stressed that the Government of India and the Ministry of Coal are on a continuous journey to reform the coal sector and unlock values for the nation's economy. The success of these auctions will help in further strengthening the vision of an Aatmanirbhar Bharat as it willhelp reduce India's coal imports, the Minister added. Eight coal mines have been successfully auctioned with the winning percentage of revenue share ranging from 6% to 75.5% with an average % revenue share of 30%.The electronic auction of these mines was conducted in the first week of August this year. SBI Capital Markets Limited, sole Transaction Advisor to Ministry of Coal for the Commercial coal mine auction, had devised the methodology and assisted Ministry in conduct of the auction. The mines for which these Coal Mine/ Block Production and Development Agreements were executed are Bhaskarpara, Burakhap Small Patch, Gondkhari, Jogeshwar& KhasJogeshwar, Rauta Closed Mine, Bhivkund, Jhigador and Khargaon. The Successful Bidders include Sunflag Iron & Steel Company Limited, South West Pinnacle Exploration Limited, Prakash Industries Limited, CG Natural Resources Private Limited, Adani Power Maharashtra Limited and Shreesatya Mines Pvt Ltd.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.