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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WEBNow, the sector has been opened up for commercial coal mining by private players in 2020 and first ever successful auction of commercial mining was launched by the Hon'ble Prime Minister on and concluded with alloion of 19 coal mines. Commercial coal block auctions are conducted in a twostage online bidding process, which ...
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WEBMar 11, 2015 · 1. The coal gate scam is the alloion of coal blocks to corporates of public centre entities (PSE) and companies and the private sector during the UPA rule under Prime Minister Manmohan Singh's mandate. The government alloes coal blocks through a process of competitive bidding. However, this procedure was not followed .
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WEBCMSP Mines. MMDR Mines. Out of the coal mines alloed by Nominated Authority, 58 coal mines have obtained Mine Opening Permission and 54coal mines are producing coal so, 4 coal blocks alloed under the provisions of Coal Mines (Nationalization) Act, 1973 which were not cancelled by Hon'ble Supreme Court have obtained Mine .
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WEBThe alloion is made to meet the coal requirement of the permitted end use project. The block may be allotted to an End User Company, JV or a Mining Company which has firm backto back tie up with specified End User Company (ies). ... Alloion / mining lease of the coal block may be cancelled, interalia, on the following grounds: (a ...
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WEBThe existence of the Scrutiny Committee demonstrates the Ministry's commitment to ensuring accountability and adherence to timelines in the coal block alloion process. By evaluating delays and recommending penalties where appropriate, the committee plays a crucial role in promoting transparency, efficiency, and compliance within the coal sector.
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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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WEBSep 24, 2014 · In a bold judgement on Wednesday, the Supreme Court has cancelled 214 coal blocks that were allotted since bench spared only four blocks—one each allotted to the National Thermal Power Corporation (NTPC) and Steel Authority of India Limited (SAIL) and two alloed to Ultra Mega Power Projects (UMPPs), said Pranav .
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WEB(1) In connection with the alloion of coal blocks the Central Government shall (a) identify the coal blocks for alloion as per the standard technical parameters;(b) specify the manner of alloion through (i) auction; or(ii) allotment to Government Company or corporation under clause (a) of 6[the proviso to subsection (1) of Section 11A of the .
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WEBA. GUIDELINES. for alloion of coal blocks for captive mining for the specified end uses shall be made to the Director (CAI) in the Ministry of Coal in five copies. The appliion shall be accompanied by the following in addition to any other relevant documentation that the applicant may submit:
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WEBMar 5, 2024 · The revelation of collusion between private entities, particularly the RP Sanjiv Goenka Group, and governmental bodies adds a sinister dimension to the coal block alloion saga. The clandestine maneuvers employed to rig auctions and manipulate bidding processes lay bare the nexus between vested interests and administrative .
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WEBJul 6, 2020 · 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 alloion of coal blocks for own consumption to .
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WEBIn a major setback to the corporate sector, the Supreme Court on Wednesday quashed alloion of 214 out of the 218 coal blocks allotted to various companies from 1993 and allowed the Centre to ...
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WEBSep 24, 2014 · Coal blocks: SC rejects private miners' plea. In its 27page order cancelling the alloion of 214 coal blocks on Wednesday, a threejudge Bench headed by Chief Justice of India Lodha ...
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WEBMar 10, 2015 · The entire process of alloion and allotment will be regulated by a 'nominated authority' appointed by the central government. Once the allotment is completed, following rights and licenses will vest in the allottee: ... As has been stated above, the alloion of a coal block by the Central Government confers the power on .
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WEBAug 25, 2014 · The Supreme Court on Monday declared all coal blocks alloions between 1993 and 2010 as illegal and said the process of alloion by the screening committee was illegal, unfair and suffered ...
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WEBAug 26, 2014 · The Supreme Court on Monday declared as "illegal and arbitrary" 218 coal block alloions between 1993 and 2009, ruling that the Central government of the day adopted a process which lacked ...
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WEBAug 20, 2012 · It is true that the process adopted post2004 was better than the practices followed during 1993 and 2004, when 60 blocks were doled out without any nonperformance clause or earnest money.
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WEBUnion of India Section Section 9 in Coal Blocks Alloion Rules, 2017 9. Reauction and reallotment. On cancellation of auction process or allotment process pursuant to rule 5, rule 6 or rule 7, as the case may be, on account of any reason whatsoever, the Central Government shall have the power to initiate fresh process of auction or allotment of
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WEBSep 24, 2014 · While the 2012 verdict cancelled 122 telecom licences, the latest one had quashed alloions of 214 of 218 coal blocks. Both the judgements adjudied upon the process of alloion and not on the merit of the entities, granted the largesse. It has been ruled that the authorities exercised their power in an unfair, arbitrary and illegal manner.
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WEBMar 28, 2018 · ED attaches assets worth Rs 603 crore belonging to Vandana Vidyut Ltd. The move by agency was in connection with a coal block alloion case. ED alleged that directors of the firm destroyed forged sale documents. In a crucial development, the Enforcement Directorate today attached assets including factory building, plant and .
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WEBNov 23, 2012 · Coal gate. The document summarizes the key issues in India's coal alloion scam from . It describes how coal deposits were historically alloed by the government to public and private firms, and the process the Coal Ministry used to screen appliions and alloe blocks. The CAG draft report from 2012 alleged major .
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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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WEBJan 15, 2014 · At the outset, Vahanvati said dealloion process for the coal block alloion made between has been put on motion and the private parties to whom alloion has been made for 61 ...
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WEBJan 5, 2024 · The verdict by Special Judge Sanjay Bansal pertains to the alleged irregularities in the alloion of Marki MangliII, III, and IV coal blocks in Umred district of Maharashtra to the company.
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WEBJan 8, 2016 · Figure 1: Timeline of events relat ed to captive coal block alloion in India 2. Figure 2: Summary of cancelled coal blocks and proposed alloca tions 6. Figure 3: Enduse classifiion of coal ...
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A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
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