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Govt mulls de-allocating 14 captive coal blocks

1/15/2009 · After reviewing the progress of the captive coal blocks allotted to the private and public sector companies between 2003 and 2007, the Coal Ministry has decided to serve de-allocation .

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Captive CoalBlock Allocation: Latest News & Videos, Photos ...

Captive CoalBlock Allocation Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Captive CoalBlock Allocation Blogs, Comments and Archive News on Economictimes

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Blow to metal companies with captive blocks post Supreme ...

8/26/2014 · "Captive coal blocks account for about 10% of total coal production which is quite significant. If that comes to a standstill our coal imports could shoot up by 50%. This is a potential risk as the judgement considers captive allocation illegal, and companies may play safe to cease production until the situation is resolved or they are ...

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Few takers, falling production: Why the government's coal ...

Forty two of the blocks whose allocation was cancelled by the Supreme Court had been producing or were "about to produce" coal. Of these, the government later allocated 35 blocks for captive use.

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Explained: Why Allowing Commercial Extraction Of Coal ...

6/18/2020 · After coal mining was nationalised in 1973, only state-owned Coal India Limited (CIL) was allowed to sell coal. The private sector firms were only allowed to mine coal for captive use for their ...

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What Is Captive Coal Block - jonocreatief

Apr 12, 2017· Allocation of coal blocks which results in captive mining can be made through an application which shall be made in 5 copies and accompanied with following documents: – 1 copy of the certificate of registrations of the company which is a conclusive proof that the company is a registered company under section -3 of the Companies ...

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Government relaxes captive coal policy norms to attract ...

2/20/2019 · Finance Minister Arun Jaitley said the new captive coal mine allocation policy will also allow companies to sell unsold portion of the fuel (out of the 25 per cent) to Coal India Ltd (CIL) at a discount of 15 per cent over the notified price for a grade.

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'Opposition-ruled States opposed competitive bidding ...

Excerpts from the Prime Minister's statement in Parliament on the Performance Audit Report on allocation of coal blocks and augmentation of coal production

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What is a Captive coal block - Answers

In the sense of a policy, it is a mandatory allocation of resources. The intent of the captive coal mining policy is to allocate a specific block to a specific need for the country. Captive mining ...

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Reforms in India's coal sector- Part I | IASbaba

6/23/2020 · Coal Auction Scam: The CAG report followed by the Supreme Court verdict in 2014 resulted into cancellation of allocation near all coal mines allocated after 1993. Reforms undertaken post 2014. Coal Mines (Special Provisions) Act, 2015. enabled allocation of coal .

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Allocation Of Captive Coal Blocks PMO And Ministers ...

5/10/2014 · The process of allocation of coal blocks to the private sector for captive use had started in 1993, through a Screening Committee headed by the Coal Secretary. But information about coal blocks available for captive mining was not widely publicized. Geological reports about the blocks were considered confidential and not shared with the applicants.

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Coal Vision 2030 - Coal India

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the Indian coal sector has seen extensive regulatory changes across the board. The changes were precipitated by a Supreme Court order, which de- allocated all captive coal block s (except a select few). Subsequently, the government changed the captive coal allocation .

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CIL's coal allocation for non-power sector jumps to 6 MT ...

Coal India 's fuel allocation under the exclusive e-auction scheme for non-powered consumers such as steel and cement has increased five-fold to 6.10 million tons ( MT) in the last two months.

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Rules governing allocation of coal blocks in India. iPleaders.

Allocation of coal blocks which results in captive mining can be made through an application which shall be made in 5 copies and accompanied with following documents: – 1 copy of the certificate of registrations of the company which is a conclusive proof that the company is a registered company under section -3 of the Companies Act 2013.

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'Captive coal block de-allocation to boost mine ...

4/23/2013 · COIMBATORE: The government's move to weed out non-serious allottees by de-allocating their captive coal blocks (CCBs) and invoking of bank guarantees (BGs) may speed up mine development, according ...

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Captive CoalBlock Allocation News and Updates from The ...

4/30/2015 · Captive CoalBlock Allocation 09 July, 2020, 01:03 AM IST. Markets. News

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Allocation Of Captive Coal Blocks PMO And Ministers ...

5/10/2014 · The process of allocation of coal blocks to the private sector for captive use had started in 1993, through a Screening Committee headed by the Coal Secretary. But information about coal blocks available for captive mining was not widely publicized. Geological reports about the blocks were considered confidential and not shared with the applicants.

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GUIDELINES FOR ALLOCATION OF CAPTIVE BLOCKS ... - coal.nic

Upon allocation of captive coal block by the Screening Committee the applicant would submit an affidavit in the prescribed format to the effect that all coal mined from the captive block shall exclusively be used in the proposed end use project for which the said block has been allocated and that in case of any slippage in implementation of the ...

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Coal Block Allocations: Opportunity Lost, Chaos Gained?

Timeline of events related to captive coal block allocation in India 2 Figure 2: Summary of cancelled coal blocks and proposed allocations 6 Figure 3: End-use classification of coal blocks by ...

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Essay on coal allocation scam by Amrita Patil

Since 1993, allocation of captive coal blocks was being done on the basis of recommendations made by an inter-Ministerial Screening Committee which also had representatives of State governments. Allocation of coal blocks to private companies for captive use commenced in 1993, after the Coal Mines (Nationalisation) Act, 1973 was amended.

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Lessons in coal block auction - Frontline

THE first round of the auction of mining rights in 18 coal blocks to user firms in the private sector in the power, steel and cement industries has been completed. If the figures being circulated of t

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