WEBOct 10, 2023 · Coal mining in India. India is rich in ancient coal fields like Gondwana coalfields (250 million years old) and tertiary coalfields (1560 million years old). Coal mining was started during the rule of the East India Company in 1774 in the Raniganj coalfield along the western bank of the Damodar river. To increase coal production, the .
WEBNov 23, 2017 · The coal alloion scam involved the inefficient alloion of India's coal deposits to public and private companies by the government between . Around 194 coal blocks were alloed without an open auction process, resulting in potential losses of over 33 billion to the Indian exchequer.
WEBSep 30, 2015 · In view of this and pursuant to the recent judgment of the Supreme Court on cancellation of coal mines alloions, a major overhaul of the alloion process prescribed under the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) was long overdue to ensure mine alloion and monetization of minerals in the .
WEBSep 24, 2013 · The Comptroller and Auditor General said in a report that alloion of coal blocks between 2004 and 2009 without auction resulted in "undue benefits" worth Rs lakh crore to private entities.
WEBJun 4, 2022 · The Coal Ministry expects operationalisation of 58 coal blocks in 202223 and has set target of million ton coal production, an official statement said. ... India's coal production grows % to million tonnes in FY22. Ministry of Coal puts 122 mines under commercial auction process.
WEBSep 24, 2014 · The apex court had on August 25 held that all coal blocks alloion since 1993 by various regimes at the Centre have been made illegally and arbitrarily. NEW DELHI: The Supreme Court cancelled almost all coal blocks given to private companies since 1993, delivering a severe blow to firms that invested heavily in power stations and .
WEBApr 16, 2013 · The coal alloion scam involved the inefficient alloion of India's coal deposits to public and private companies by the government between . Around 194 coal blocks were alloed without an open auction process, resulting in potential losses of over 33 billion to the Indian exchequer.
WEBMay 15, 2024 · This is the official website of Coal Ministry, Government of India. You can find information related Tenders, Notices, latest updates pertaining to Ministry of Coal, Government of India. ... Revised Schedule of Bidding Process Category KB (30/05/2024) Revised Schedule of Bidding Process ... Coal Block Auction. Coal Block .
WEBJun 18, 2020 · The Coal Ministry in association with FICCI launched the process for auction of these coal mines. A two stage electronic auction process is being adopted for alloion of the coal mines. Speaking on the occasion, Shri Narendra Modi said that India will overcome the COVID 19 Pandemic and the nation will turn this crisis into an .
WEBJan 16, 2014 · 16 months of arguments later, SC holds back coal blocks alloion verdict (PTI) A threejudge bench headed by Justice R M Lodha, which had agreed to look into the alleged irregularities in coal block alloion on September 14, 2012, wrapped up the proceedings which witnessed the Centre itself putting in motion the process of de .
WEBMar 28, 2018 · ED attaches assets worth Rs 603 crore belonging to Vandana Vidyut Ltd. The move by agency was in connection with a coal block alloion case. ED alleged that directors of the firm destroyed forged sale documents. In a crucial development, the Enforcement Directorate today attached assets including factory building, plant and .
WEBJan 21, 2015 · CBI has examined Aditya Birla group Chairman Kumar Mangalam Birla in connection with alleged irregularities in the alloion of TalabiraII coal block to his company Hindalco in 2005.
WEBAug 25, 2014 · June 2012: Coal ministry forms an interministerial panel to review the process of alloion of blocks and to decide either on dealloions or forfeiture of bank guarantees. The government has ...
WEBAUCTION OF COAL MINES FOR SALE OF COAL. Notice regarding declaration of Technically Qualified Bidders17th TrancheSecond Attempt Notice regarding declaration of Technically Qualified Bidders18th Tranche Notice regarding declaration of Technically Qualified Bidders19th Tranche.
WEBThis is the official website of Coal Ministry, Government of India. You can find information related Tenders, Notices, latest updates pertaining to Ministry of Coal, Government of India. ... Public Notice Seeking Comments on Draft Coal Blocks Alloion Rules Proposed to be Notified under the Mines and Minerals (Development and Regulation) .
WEBJul 6, 2020 · Does India import coal? India imports around 240 million tonnes (mt) of coal a year valued at about ₹ lakh crore. The 41 mines opened for auction now can hit a peak production of 225 mt in 202526, saving foreign exchange. A High Powered Expert Committee (2017) recommended a shift from the alloion of coal blocks for own .
WEBThis is the official website of Coal Ministry, Government of India. You can find information related Tenders, Notices, latest updates pertaining to Ministry of Coal, Government of India. ... Coal Block Information; Vacancy; Tender; Energy Cell; Public Information. ... Alloion TrancheWise; Compensation Orders; Termination Order; Scrutiny ...
WEBFurther, though the Government of India (GOI) has notified certain sectors which may undertake captive mining of coal, the process of alloion of coal mines should be objective and transparent.
WEBSep 3, 2012 · The CAG report also pointed out how mindless alloion of coal blocks to private companies caused huge losses to public sector company Coal India Limited (CIL). The guidelines for alloion clearly state that coal blocks offered to the private sector should be "at reasonable distance from existing mines and projects of CIL in order to .
WEBAuction/Allotment. Coal mining in India has been metamorphosed as far as the policy framework is concerned. From an earlier restrictive model, we have moved on to granting coal mining blocks pursuant to a competitive bidding process, and from prescribing specific enduse to permitting commercial sale of coal. The auctionbased regime .
WEBA. GUIDELINES. for alloion of coal blocks for captive mining for the specified end uses shall be made to the Director (CAI) in the Ministry of Coal in five copies. The appliion shall be accompanied by the following in addition to any other relevant documentation that the applicant may submit:
WEB1. Directions of the Central Government for auction of coal mines under the CM (SP) Act, 2015. Downloads. File size : KB. File type: PDF. . 2. Minutes of 4th meeting held on under chairmanship of Additional Secretary (Coal) to identify additional coal / lignite blocks for alloion under rule 3 (2) of the Coal Blocks ...
WEBThe Standing Committee on Coal and Steel submitted its 31st report on the "Review of Allotment, Development and Performance of Coal/Lignite Blocks" on April 23, 2013. The Committee dealt with the functioning of the Screening Committee, guidelines on alloion of coal blocks, the monitoring mechanism and the review of the coal blocks .
WEBEarlier this week, Lok Sabha passed the Bill that provides for the alloion of coal mines that were cancelled by the Supreme Court last year. In light of this development, this post looks at the issues surrounding coal block alloions .
WEBJan 19, 2018 · The panel will also suggest changes in the future coal block bid process in its report to be submitted within a month. Benchmarks . Nifty 22, Precious Metal . ... coal blocks Piyush Goyal Union Bank of India coal blocks alloion SBI (Catch all the Business News, Breaking News Budget 2024 News, Budget 2024 Live .
WEBNov 3, 2015 · In a March 2012 draft report, the CAG accused Government of India of alloing coal blocks in inefficient manner during period. The basic argument of CBI was that the government chose to NOT to alloe the coal blocks by process of competitive bidding. Coal blocks were given free resulting in the blockowners making .
WEBYou can find information related Tenders, Notices, latest updates pertaining to Ministry of Coal, Government of India. भारत सरकार; Government Of India; Skip Main Content ... Laxmi Nagar, on 30 July, 2007 in Shastri Bhawan and on 13 September, 2007 in Shastri Bhawan, New Delhi to consider alloion of Coal Blocks earmarked for ...
WEBMar 4, 2015 · The audit noted that while an interministerial screening committee decided on the alloion of coal blocks to endusers in the private sector, the "minutes of the steering committee did not indie how each one of the applicants for a particular coal block was evaluated", rendering the process nontransparent.
WEBIn 2014, the Hon'ble Supreme Court of India cancelled 204 coal mine/blocks which had been alloed to the various Government and private Companies since 1993 under the provisions of Coal Mines (Nationalization) Act, 1973. In 2015, the Central Government brought in Coal Mines (Special Provisions) Act to realloe these coal blocks.
WEBCoal production of India. Coal in India has been mined since 1774, and India is the second largest producer and consumer of coal after China, mining million metric tons ( million short tons) in FY 30% of coal is imported. Due to demand, supply mismatch and poor quality with high ash content, India imports coking .
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