Tag «Coal Block»

Talabira Coal Block Allocation Matter

There has been extensive media coverage recently of the matter relating to the allocation of Talabira-II and III coal blocks in Odisha to Mahanadi Coalfields Ltd, Neyveli Lignite Corporation and HINDALCO. 2. Coal block allocations, including this one, are the subject of a CBI inquiry which is being monitored by the Supreme Court. However, the …

Coal Block Auction Methodology approved

The Government has approved the methodology for auction by competitive bidding of the coal blocks. The methodology provides for auctioning the fully explored coal blocks and also provides for fast tracking the auction by exploration of regionally explored blocks through up gradation of geological data to a reasonable level of certainty. The methodology approved by …

Coal Ministry has withdrawn de-allocation of coal block to NTPC .

Chatti Bariatu, Chatti Bariatu (South) and Kerandari coal blocks allotted to NTPC were de-allocated on 14.06.2011. Upon representation of Ministry of Power and NTPC for reviewing the decision of de-allocation, ‘in principle’ decision to withdraw the de-allocation was taken in January, 2012. The matter was examined in consultation with the Ministry of Law & Justice …

IMG on Coal Review 66 Coal Block

The Inter Ministerial Group (IMG) on coal has reviewed 66 coal blocks so far in its 17 meetings. With respect to the allocations made to the Private Companies, after hearing the allocatees the IMG has recommended de-allocation of 13 coal blocks allocated to 29 companies, deduction of Bank Guarantee in the cases of 14 blocks …