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.
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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 ...
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WEBBirla has been booked as the representative of Aditya Birla Group and his group company Hindalco, an aluminium maker, for alleged corruption in the alloion of two coal blocks in Talabira in ...
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WEBJun 17, 2019 · Coal India Limited has set up Regional Sales Offices and SubSales Offices at selected places in the country to er to the needs of the consuming sectors in various regions. ... Alloion process was arbitrary, discretionary and nontransparent. ... The CCEA approved the methodology for auction of coal mines/ blocks for sale of the .
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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 ...
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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 .
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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 .
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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 .
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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) .
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WEBFeb 10, 2023 · The government of India in the coal block case was questioned for going beyond their powers as given by the statutes which govern the coal and natural resources mining in India. The government wrongly took initiative of alloion of coal blocks without any auction. ... The whole process of alloion of coal blocks has been a huge .
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WEBMay 23, 2017 · Jindal is also facing trial in a case pertaining to the alloion of Amarkonda Murgadangal coal block in Jharkhand. This is published unedited from the IANS feed. Also Read:
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WEBThis is the 14th conviction in the coal alloion scam. | Latest News India. ... has been sentenced to three years of rigorous imprisonment and fined ₹5 lakh in a coal block alloion case ...
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WEBApr 30, 2013 · The document summarizes the "Coal Alloion Scam" or "Coalgate" political scandal in India concerning the alloion of coal deposits to public and private companies from . ... • there was no legal impediment to introduction of transparent and objective process of competitive bidding for alloion of coal blocks .
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WEBAug 22, 2013, 21:39 PM IST. Mumbai: Congress on Thursday said the figures of loss to the exchequer in the 2G spectrum and coal block alloion scams were "humbug". "It is humbug...The figures were nothing. We believe it`s absolutely wrong," AICC spokesperson Sanjay Jha said in an interactive session on `A Defining Decade: Why India`s Growth is ...
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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.
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WEBAug 26, 2014 · India News: The Supreme Court on Monday declared all coal block alloions since July 1993 as illegal in a decision that casts a shadow over investments worth th
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WEBMar 8, 2021 · The MMDR Act regulates the overall Mining Sector in India. The Coal Mines (Special Provisions) (CMSP) Act provides for the auction and alloion of mines whose alloion was cancelled by the Supreme Court in 2014. The Mineral Laws (Amendment) Bill, 2020, was introduced in Lok Sabha on 2 March 2020.
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WEBThe 2012 CAG report on coal block alloion in India as well as the 2014 Supreme Cout judgement (which led to a cancellation of 214 coal blocks) lead to a complete revamp of the system by which coal blocks were given out to prospective owners. ... Understanding the Auction Process As per the latest guidelines, the coal block auctioning process ...
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WEBMar 19, 2018 · The Supreme Court had last year in September scrapped all but four of 218 coal blocks alloed by the government over the past two decades, in a tougherthanexpected ruling that sank shares of companies that have invested heavily in projects around the concessions.
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WEBFeb 19, 2015 · READ LATER. The Central Bureau of Investigation (CBI) on Thursday submitted before a Delhi court the final report on the investigation into a coal block alloion scam case in which Aditya Birla ...
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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.
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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.
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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 .
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WEBCoal Blocks Alloion Rules, 2017 Related Act Details. Act Short Title: The Mines and Minerals (Development and Regulation) Act, 1957 ... the terms, conditions and process of auction by competitive bidding and allotment in respect of coal or lignite; ... New Delhi .
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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.
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