Auction Of Coal Mine

Due to the governments initiatives in 2016-17, SAIL could increase its domestic sales to 12.A panel has been set up to improve financial health of SAIL and help the countrys largest steelmaker boost output.3 crore for the quarter to March 2017.SAIL had reported a loss of Rs 771.The terms of reference include chalking out a plan with focus on higher production, sales and improving financial health of SAIL. The technical experts will come up with specific measures to improve SAIL units."A hexagonal screw manufacturers committee comprising members of the Ministry of Steel, PSUs and technical experts has been set up for revival of Steel Authority of India Ltd (SAIL) and Rashtriya Ispat Nigam Ltd (RINL)," the minister said.

The committee consists of officials from the steel ministry and technical experts, among others, Minister of State for Steel Vishnu Deo Sai said in a written reply to the Lok Sabha on Monday..43 mt in 2016-17, from 11.9 mt in 2015-16, registering a growth of 4 per cent,In a notice to the bidders, the government said "the tender process for the coal mines being auctioned under 5th tranche of auction of coal mine has been terminated in accordance with Clause 3.55 MT coking coal in the next fiscal and 72.In December 2015, the government annulled the fourth round of coal mine auctions planned for January 2016 on account of tepid response from bidders in sectors such as steel besides depressed commodity prices and adverse market conditions.In FY16, India imported 43. Thus, no option is left other than importing of such fuel