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NTPC Limited, formerly known as National Thermal Power Corporation Limited, is an Indian Public Sector Undertaking, engaged in the business of generation of electricity and allied activities. It is a company incorporated under the Companies Act 1956 and is promoted by the Government of India.The headquarters of the company is situated at New Delhi. ...
to be done with these coal blocks. It decided: Of the 40 coal blocks in production, the allocation of 37 coal blocks was cancelled. The remaining three coal blocks are UMPP projects in Moher and Moher Amroli, and the Tasra mines with the Steel Authority of India Ltd. Of the six coal blocks ready to produce, the allocation of five blocks was ...
The latest scam that has come out is the Coal Mining Scam in which Government has had a presumable conservative loss Rs1.86 trillion (short scale), due to the delayed implementation of competitive bidding process for allotment of coal blocks, says the CAG.
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.
Sep 26, 2012· Facing criticism for not acting on the recommendations of the Inter-Ministerial Group (IMG) for de-allocation of coal blocks, the Coal Ministry on Wednesday decided to cancel six more coal blocks .
Dec 10, 2014· Six firms, including SBI Caps, Crisil and Deloitte, have shown interest in providing consultancy for fixing the methodology to determine the reserve price of 54 coal blocks .
A study by a Berlin-based NGO pegs India as the most corrupt nation in the Asia-Pacific region. These eight scams show why we have the poor rating. According to International Monetary Fund (IMF ...
Govt may cancel coal mine in Jharkhand allotted to Essar Tokisud North mine, having geological reserves of 103.24 million tonnes (MT) and extractable reserves of 51.97 MT, was bagged by Essar ...
Sep 25, 2014· Of the 214 blocks that the court cancelled on Wednesday citing irregularities in allocation, 42 blocks are in production. These will remain operational for a period of six months so that coal ...
Delhi HC allows three firms to withdraw bids in coal block auction ... and Jaiprakash Power Ventures Ltd—to withdraw their bids in an auction of coal blocks and secure a refund of the bidding ...
New Delhi: The first round of auctions for five coal blocks that were offered over the weekend in the first phase saw aggressive bids from project developers, bolstering the national auditor's ...
Mar 01, 2013· The Dulanga coal block was allocated to NTPC's 1,600-MW power plant. Five of the six coal blocks were in areas the Environment Ministry had previously defined as no go areas for mining in 2010, including Dulanga, as those areas had over 30 per cent gross forest cover. Disputes over North Karanpura power project
Mar 17, 2017· Principal Secretary (2014) 9 SCC 516), the Ordinance and the Rules came to be enacted to inter alia determine the manner in which the de-allocated coal blocks were to be auctioned. The Act and the Rules also provided for manner and quantum for determination of compensation payable to the prior allottee of the cancelled coal blocks.
These blocks were given out through e-auction by the earlier NDA government after the Supreme Court judgment cancelled 204 coal mine allocations in 2014. Of the 85 firms awarded through four tranches of auction, 29 were already producing coal when their licences were cancelled.
Nov 22, 2013· The ministry has been facing intense flak over alleged irregularities in allocation of coal blocks since 1993. The coal ministry on Thursday decided to de-allocate 11 captive coal blocks including three mines of Jindal Steel and Power, besides forfeiting the bank guarantees of six firms .
New Delhi, May 27 (PTI) With the disconnect between the departments of power and coal stalling major projects, Prime Minister Narendra Modi's idea of bringing the two under one minister is likely ...
Coal blocks allotted to big firms may be scrapped,JSPL ... the CBI naming Aditya Birla Group chief Kumar Mangalam Birla and former coal secretary PC Parakh in its 14th FIR in the blocks allocation case,the coal ministry is preparing to cancel the allotment of some mega ... Download the Indian Express apps for iPhone, iPad or Android. news.
Sep 25, 2012· The IMG concluded the scrutiny of 31 coal blocks of 51 private firms recently. The Coal Ministry is likely to begin next week issuing deallocation letters to private firms whose mines were cancelled and those where bank guarantees were deducted for sitting idle on .
grounds that it was imperative to minimise disruption in production from the cancelled blocks. ... from the Ministry of Coal and Infraline database. ... that the seven blocks (six producing and ...
Nov 23, 2012· The Coal Ministry has decided to implement the findings of the Inter-Ministerial Group (IMG) and de-allocate four coal blocks given to 15 companies .
Aug 28, 2019· Captive coal blocks produced only 25.1 million tonne (MT) in FY19, much lower than the peak output of 43.2 MT in FY15 when the Supreme Court had cancelled the licences of 204 such coal .
Mar 10, 2019· The Centre has cancelled the sixth and seventh rounds of coal mines auction under which it was planning to put on sale 19 blocks. However, the government did not specify the reasons for .
The project would use coal from the Ezinmo Coal Block in Enugu, according to an MoU signed between the Ministry of Mines and Steel Development and Power and HTG-Pacific Energy Consortium. Enugu is the site of where the Nigerian Coal Corporation (closed by the Federal Government in 2005), engaged in decades-long mining that left the area in a ...
Coal blocks allocated to power and steel companies over the past two decades are now being taken back from these firms after the Comptroller Auditor General (CAG) of India pointed out large-scale irregularities in allocation and development of these coal blocks. Earlier this month, the Inter-Ministerial Group (IMG) recommended cancellation of 28 coal blocks.
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