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.
WEBAug 25, 2014 · The Supreme Court on Monday pulled up the Centre on coal block alloions and declared all >218 alloions made from 1993 to 2011 illegal and arbitrary. A Bench of Chief Justice Lodha and ...
WEBMay 17, 2022 · A list of 143 coal blocks was prepared initially and inflated to 216 later. At that time, there were no concrete guidelines for alloion of coal blocks as coal mining was largely restricted to PSUs and many geographic loions were seen as unsuitable for profitable mining. The guidelines were periodically revised through 1993, 1998 and 2003.
WEBNew Delhi, Nov 7 (PTI) The Congress alleged on Tuesday that the Narendra Modi government reversed the longstanding policy of competitive auction for coal block alloion and gave away lucrative ...
WEBSep 30, 2015 · The auction had become sole mode of coal and lignite mines alloion after 2012, however, it was not applicable to alloion of mines for other minerals. While the Central Government will continue to conduct auction for coal and lignite mine blocks, the auction for all other mineral mine blocks will be conducted by the State Governments.
WEBThe existence of the Scrutiny Committee demonstrates the Ministry's commitment to ensuring accountability and adherence to timelines in the coal block alloion process. By evaluating delays and recommending penalties where appropriate, the committee plays a crucial role in promoting transparency, efficiency, and compliance within the coal sector.
WEBJul 6, 2020 · 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 consumption to .
WEBApr 25, 2024 · A judgment came in 2014, which canceled the alloion of 214 coal blocks, terming the process "arbitrary and illegal." This decision necessitated a shift towards a more transparent coal block ...
WEBUnion of India Section Section 5 in Coal Blocks Alloion Rules, 2017 5. Auction. In respect of coal blocks, for which the Central Government has specified auction under clause (b) of subrule (1) of rule 3, the Central Government shall prepare a document for the auction process, that is, the tender document.
WEBFeb 7, 2023 · The coal block alloion scam, also known as the "Coalgate" scam, involved the alloion of coal blocks to private companies without a transparent bidding process. The alloion was done at below market prices, leading to huge losses for the government. The scam was uncovered in 2012 and led to the resignation of several high .
WEBAug 25, 2014 · The Supreme Court on Monday declared all coal blocks alloions between 1993 and 2010 as illegal and said the process of alloion by the screening committee was illegal, unfair and suffered ...
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 .
WEBAug 17, 2012 · The much awaited Comptroller and Auditor General's report on coal block alloion was on Friday tabled in the Parliament. The report has pegged the loss caused due to alloion of coal blocks at Rs lakh crore. The initial draft had estimated the losses caused to the government to be close to Rs lakh crore. #Elections with ET.
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. The apex court, which had used almost all ...
WEBMar 8, 2021 · Thus, the only Act governing mineral concessions including coal is MM(DR) Act, 1957, but there is huge disparity in the eligibility criteria for auction of noncoal blocks and coal blocks. Under the Coal Mines Special Provisions Act 2015 Subrule 5(e) of Rule 5 of the Coal blocks Alloion Rules, 2017, the capacity of the specified enduse ...
WEBDate. 1. 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 ...
WEBJan 8, 2016 · Figure 1: Timeline of events relat ed to captive coal block alloion in India 2. Figure 2: Summary of cancelled coal blocks and proposed alloca tions 6. Figure 3: Enduse classifiion of coal ...
WEBFeb 19, 2015 · The agency on Thursday filed its final probe report in a coal block alloion case allegedly involving former Coal Secretary P C Parakh, Hindalco and others before the special court
WEBMay 18, 2022 · Coal block scam, CAG report on coal alloion, Supreme Court seeking report on coal cases, Alloion of coal blocks ... 2015 bill The 2015 Bill provides details for the auction process, compensation for the prior allottees, the process for transfer of mines and details of authorities that would conduct the auction. In December 2014, the ...
WEBAug 20, 2012 · It is true that the process adopted post2004 was better than the practices followed during 1993 and 2004, when 60 blocks were doled out without any nonperformance clause or earnest money.
WEBJan 5, 2024 · The verdict by Special Judge Sanjay Bansal pertains to the alleged irregularities in the alloion of Marki MangliII, III, and IV coal blocks in Umred district of Maharashtra to the company.
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 on Friday. "The Ministry of Coal has alloed coal blocks for captive end use and sale of coal/ commercial mining. million tonnes of coal has been produced in FY 202122 from .
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 .
© DZCrusher - كل الحقوق محفوظة
