The Government will allow commercial mining of coal by private companies after allocating mines to public sector companies and auction to specific-end users, Finance Minister Arun Jaitley said toda

The government on Wednesday issued draft guidelines for e-auction of coal blocks cancelled by the Supreme Court. The auctions, Coal Secretary Anil Swarup said will begin on February 11.

The Supreme Court on Thursday refused to alter its order allowing cancelled coal blocks to continue operation till March 2015.

The Supreme Court on Thursday refused to restrain coal companies, that were directed to wind up mining in six months after their coal block allocations were cancelled, from extracting coal in this

This moves it a step closer to signing off on a long-delayed $10 bn mine, rail and port project

The Supreme Court’s decision to cancel coal blocks is sure to pose a headache for Punjab.

With the Supreme Court order on cancelling coal mining rights expected to throw up legal challenges for the National Democratic Alliance government, the ministry of coal is preparing a back-up plan