Coal Allocation: The full story Coal mines in India are being opened for commercial mining for the very first time. While launching the auction process, the Prime Minister said coal mining will pave the way for development in the tribaldominated areas. But many experts believe that it will lead to natural calamities, displacement, and pollution
Diversification of Coal India Limited (CIL) As part of Diversification initiatives of the Ministry, Coal India Limited is being diversified for sustainable future business operations like New Business Areas (Aluminium, Power, Solar wafer, Solar Power Renewable), Expansion of Core business (1 BT) etc., 6. Sustainability in Coal Sector:
coal mines covered under the CMSP Act, remaining blocks are allocated Act. Till date 11 coal blocks under the MMDR Act have been allotted to Government companies, where 2 blocks are remaining 9 are for for commercial purpose captive end use. and various under the MMDR Apart from 204 only while royalty till Nov. 2020. The total revenue
The CMSP Act provides for the auction and allocation of mines whose allocation was cancelled by the Supreme Court in 2014. ... The Ordinance clarifies that the companies need not possess any prior coal mining experience in India in order to participate in the auction of coal and lignite blocks. Further, the competitive bidding process for ...
New Delhi: In a significant move towards coal sector reform, the ministry of coal has announced an amendment to the SHAKTI Policy (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India), allowing power plants, including private generators without Power Purchase Agreements (PPAs), to be granted coal linkage for a minimum of three months and up to a maximum of one year.
When comparing emission intensities of China and India per kWh of electricity, the latter are lower despite lower efficiencies and a similar coal consumption mix. Mining methods in India and China ...
The Amendment Act seeks to provide for grant of reconnaissance permit, prospecting licence or mining lease in respect of an area containing coal and lignite through auction by competitive bidding, on such terms and conditions as may be prescribed. This, would however, not be applicable in the following cases:
Recently announced Reforms in Coal Sector. Commercial mining of coal allowed, with 41 blocks to be offered to the private sector. The coal mines being auctioned are located in Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra and Odisha. They include partially and fully explored mines. Simplified the process of the mining plan approval ...
New Delhi | Updated: October 19, 2020 12:38 IST Follow Us While there have been several convictions in the wide range of coal blocks cases, this is the first time that an NDA minister has been convicted.
What are the rules that govern the allocation of Coal Block in India April 12, 2017 6585 1 In this article, Akshita Rishi who is currently pursuing IN BUSINESS LAWS, from NUJS, Kolkata, discusses the rules that govern the allocation of Coal Blocks in India. Introduction
CHAPTER 7 COAL DISTRIBUTION AND MARKETING ANNUAL REPORT 201920 COAL DISTRIBUTION AND MARKETING Coal Distribution and Marketing Allocation of coal to power, cement and steel plants The allocation of coking coal to Steel plants was earlier made by the Coal Controller.
As secretary of coal to the government of India over 200608, a period when several of the questioned allocations took place, he was directly implicated in the scandal.
This work presents detailed life cycle assessment (LCA) of a novel process to produce ethanol from rice straw in India. The process has been successfully demonstrated and proposed to be scaledup, and detailed LCA of that process is the key novel contribution of this work. Cradletogate system boundary is considered, which includes rice farming, transportation, and processing at the ...
The Coal allocation scam, dubbed in media as Coalgate, is a major political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector enterprise (PSEs) and private companies.
Allocation of coal mines cancelled/deallocated by Hon'ble Supreme Court of India (i) The allocation of 204 coal mines deallocated by Hon›ble Supreme Court is now made under the provisions of the Coal Mines (Special Provisions) Act, 2015. Under the provisions of the said Act, 99 coal mines have so far been successfully allocated.
Introduction Coal is the most important and abundant fossil fuel in India. It accounts for 55% of the country's energy needs. The country's industrial heritage was built upon indigenous coal. Commercial primary energy consumption in India has grown by about 700% in the last four decades.
Coal mining in India has primarily been driven by the need for energy domestically. About 55% of the current commercial energy use is met by coal. The power sector is the major consumer of coal, using about 80% of domestically produced coal. ... CAG recommended that the allocation process should be made more transparent and objective, and done ...
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 allocation of coal blocks for own consumption to commercial mining.
The CMSP Act provides for the auction and allocation of mines whose allocation was cancelled by the Supreme Court in 2014. ... The Bill clarifies that the companies need not possess any prior coal mining experience in India in order to participate in the auction of coal and lignite blocks. Further, the competitive bidding process for auction of ...
coal block allocation Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. coal block allocation Blogs, Comments and Archive News on ... Coal India's shares declined almost 5% following India's government's announcement to sell a 3% stake in the company through the offer for sale (OFS) route ...
The revision to the Coal Mines (Nationalisation) Act of 1973 would allow domestic and international enterprises to participate in the coal block allocation case process. The revised legislation, which would make auctions mandatory for the distribution of coal blocks after 2010, would leave no room for the administrative power to be biassed or ...
Allocation process was arbitrary, discretionary and nontransparent. There was no consideration of Merit, no Price discovery mechanism for national resources. Till now, the PSU, Coal India was the only commercial miner in the country for more than four decades which has shown monopolistic tendencies in the sector. Monopoly in mining sector was ...
commissioned by Coal India in 2017, domestic coal demand was estimated to be 1,300 1,900 MTPA by 2030. Transportation of such high coal volume and creating ... planned as part of the mine allocation process. Coal Logistic Policy 2022 Page 5 b. Arrangements of relevant business models need to be encouraged for the
2. INTRODUCTION • Coal allocation scam or Coalgate, is a political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector entities (PSEs) and private companies. In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an inefficient manner during ...
to allocate coal blocks by a process of competitive bidding, but chose not to. Windfall gain of rupees 185,591 crores (US Billion) FIRMS ELIGIBLE FOR A COAL ALLOCATION. Nationalisation of coal mining industry between 1972 and 1976. Coal. India. Limited (CIL) and. Singareni. Collieries. Company (SCCL) responsible for coal production
During the investigation process, Indian Police conducted raids across 10 cities to comprehend the misappropriation in the allocation of coalfields. Even government officials and toplevel officials of the involved companies are under scrutiny (Srinivas, 2012; India News Bulletin, 2012).
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