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The list of these 6 coal blocks is attached to this order as Annexure 2. 6. Therefore, the affidavit is quite clear that 40 coal blocks are already producing coal and 6 coal blocks are in a position to produce coal virtually with immediate effect. The question is whether the allotment of these coal blocks should be cancelled or not. 7.
Firm is protesting deallocation of Chhatrasal coal block, linked to the project ... had promised to allocate the three mines, with an aggregate capacity of 760 million tonnes. In May this year, the coal ministry cancelled the allocation of the Chhatrasal block, saying the three mines exceeded the amount of coal to be used by the plant and ...
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The latest scam that has come out is the Coal Mining Scam in which Government has had a presumable conservative loss trillion (short scale), due to the delayed implementation of competitive bidding process for allotment of coal blocks, says the CAG.
Sep 25, 2012· The IMG concluded the scrutiny of 31 coal blocks of 51 private firms recently. The Coal Ministry is likely to begin next week issuing deallocation letters to private firms whose mines were cancelled and those where bank guarantees were deducted for sitting idle on .
Coal Block Auction Norms eased to sell coal blocks Published on Nov 20,2018 Steel ministry suggest coal block auction even with less than three bidders Published on Sep 28,2018
These blocks were given out through eauction by the earlier NDA government after the Supreme Court judgment cancelled 204 coal mine allocations in 2014. Of the 85 firms awarded through four tranches of auction, 29 were already producing coal when their licences were cancelled.
grounds that it was imperative to minimise disruption in production from the cancelled blocks. ... from the Ministry of Coal and Infraline database. ... that the seven blocks (six producing and ...
The coal block, in the Talcher Coalfield of Odisha, has a reserve of million tonne (MT). The ministry further said there is no provision under the Mines and Minerals (Development and Regulation) Act, 1957, and the rules made thereunder to allocate fresh coal block in lieu of a cancelled coal block.
to be done with these coal blocks. It decided: Of the 40 coal blocks in production, the allocation of 37 coal blocks was cancelled. The remaining three coal blocks are UMPP projects in Moher and Moher Amroli, and the Tasra mines with the Steel Authority of India Ltd. Of the six coal blocks ready to produce, the allocation of five blocks was ...
Coal blocks allocated to power and steel companies over the past two decades are now being taken back from these firms after the Comptroller Auditor General (CAG) of India pointed out largescale irregularities in allocation and development of these coal blocks. Earlier this month, the InterMinisterial Group (IMG) recommended cancellation of 28 coal blocks.
A study by a Berlinbased NGO pegs India as the most corrupt nation in the AsiaPacific region. These eight scams show why we have the poor rating. According to International Monetary Fund (IMF ...
The coal produced from the block shall not replace any coal linkage given to the applicant by the Coal India Limited/its subsidiary companies and/or by the Singareni Ministry. ii) The block is meant for captive use in their own specified end use projects or that of associates/end use company (ies) in case of a mining company.
Mar 17, 2017· Principal Secretary (2014) 9 SCC 516), the Ordinance and the Rules came to be enacted to inter alia determine the manner in which the deallocated coal blocks were to be auctioned. The Act and the Rules also provided for manner and quantum for determination of compensation payable to the prior allottee of the cancelled coal blocks.
New Delhi, May 27 (PTI) With the disconnect between the departments of power and coal stalling major projects, Prime Minister Narendra Modi''s idea of bringing the two under one minister is likely ...
Ministry for coal price pooling to mitigate any SC deallocation . In a move to deal with the situation following the Supreme Court verdict holding allocation of coal blocks since 1993 as illegal, the Power Ministry in a cabinet note has proposed pooling of imported and domestic coal for deciding the price of fuel for plants commissioned after 2009.
New Delhi: The first round of auctions for five coal blocks that were offered over the weekend in the first phase saw aggressive bids from project developers, bolstering the national auditor''s ...
Mar 12, 2019· PTI reported that the Centre has cancelled the sixth and seventh rounds of coal mines auction under which it was planning to put on sale 19 blocks. The coal ministry in .
Dec 10, 2014· Six firms, including SBI Caps, Crisil and Deloitte, have shown interest in providing consultancy for fixing the methodology to determine the reserve price of 54 coal blocks .
Mar 01, 2013· The Dulanga coal block was allocated to NTPC''s 1,600MW power plant. Five of the six coal blocks were in areas the Environment Ministry had previously defined as no go areas for mining in 2010, including Dulanga, as those areas had over 30 per cent gross forest cover. Disputes over North Karanpura power project
Coal blocks allotted to big firms may be scrapped,JSPL ... the CBI naming Aditya Birla Group chief Kumar Mangalam Birla and former coal secretary PC Parakh in its 14th FIR in the blocks allocation case,the coal ministry is preparing to cancel the allotment of some mega ... Download the Indian Express apps for iPhone, iPad or Android. news.
Sep 26, 2012· Facing criticism for not acting on the recommendations of the InterMinisterial Group (IMG) for deallocation of coal blocks, the Coal Ministry on Wednesday decided to cancel six more coal blocks .
Aug 04, 2015· The Delhi High Court today sought the Centre''s response on a plea by Reliance Power (RPower) and its subsidiary Sasan Power Ltd against the government''s decision to cancel allocation of a coal ...
29 coal blocks may be cancelled this week. Ministry will wait further before deciding on 30 others Acting on the recommendations of the InterMinisterial Group (IMG), the Coal Ministry is likely to issue formal orders for cancellation of 29 captive coal blocks belonging to Hindalco, Tata Power, Jindal Steel and Power and Essar Power, among others.
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