WEBCoal is one of the most widely used Nonrenewable natural resources. In India, its inefficient alloion raised serious questions. The political stir surrounding the coal scam underlined the problems of inefficient system of alloion of coal blocks. The process of assigning mineral rights by awarding coal blocks on case to case basis through ...
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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 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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WEBFollowing the Supreme Court judgement of 2014 cancelling the alloion of more than 200 captive coal blocks, the government quickly brought in legislation and began the process of their realloion.
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WEBUnion of India Section Section 6 in Coal Blocks Alloion Rules, 2017 6. Allotment. In respect of coal blocks, for which the Central Government has specified allotment to Government company or corporation under subclause (ii) of clause (b) of subrule (1) of rule 3, the Central Government shall prepare a document for the allotment process, that .
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WEBJun 4, 2022 · The Coal Ministry expects operationalisation of 58 coal blocks in 202223 and has set target of million ton coal production, an official statement said. ... India's coal production grows % to million tonnes in FY22. Ministry of Coal puts 122 mines under commercial auction process.
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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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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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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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WEBAug 25, 2014 · In what is bound to overhaul the entire process of mining of the mineral, which the court described as "black diamond" and "extremely important element in the industrial life of developing India", a threejudge bench ruled that the whimsical and nontransparent procedure of alloion had resulted in "unfair distribution of the national .
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WEBSep 3, 2012 · The CAG report also pointed out how mindless alloion of coal blocks to private companies caused huge losses to public sector company Coal India Limited (CIL). The guidelines for alloion clearly state that coal blocks offered to the private sector should be "at reasonable distance from existing mines and projects of CIL in order to .
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WEBApr 14, 2014 · At the same time, the Congress spokesman recalled that the Prime Minister had indied that the CBI lodging the FIR against Parakh in the coal block alloion was not proper. On the issue of alloion, Surjewala claimed that the Prime Minister needed to be given credit for streamlining the process and making it transparent.
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WEBDec 29, 2023 · With coal production in India expected to nearly double in the next seven years, the Rail Sea Rail as an alternative mode of transportation, becomes crucial for efficient Coal evacuation to consumption centres in India, ensuring a seamless and uninterrupted power supply. 4. COAL BLOCK ALLOCATION.
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WEBJan 19, 2018 · The panel will also suggest changes in the future coal block bid process in its report to be submitted within a month. Benchmarks . Nifty 22, Precious Metal . ... coal blocks Piyush Goyal Union Bank of India coal blocks alloion SBI (Catch all the Business News, Breaking News Budget 2024 News, Budget 2024 Live .
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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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WEBUnion of India Section Section 3 in Coal Blocks Alloion Rules, 2017 3. Alloion process. In connection with the alloion of coal blocks the Central Government shall identify the coal blocks for alloion as per the standard technical parameters; specify the manner of alloion through (i) auction; or (ii) allotment to Government Company or .
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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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WEBNov 3, 2015 · In a March 2012 draft report, the CAG accused Government of India of alloing coal blocks in inefficient manner during period. The basic argument of CBI was that the government chose to NOT to alloe the coal blocks by process of competitive bidding. Coal blocks were given free resulting in the blockowners making .
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WEBSep 24, 2014 · Supreme Court cancels alloion of 214 coal blocks allotted since 1993. Moneylife Digital Team 24 September 2014. 2. Array. While quashing alloion of 214 coal blocks allotted since 1993, the apex court granted six months 'breathing time' to companies whose 42 blocks were cancelled, to wind up business.
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WEBSep 23, 2014 · The Coalgate Scam was unearthed by the CAG report on alloions of coal blocks. CAG report alleged that a loss of Rs. lakh crore was caused to the exchequer because of a nontransparent and discretionary alloion process. The beneficiaries of the scam are private players who have made windfall gains and have .
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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. ... Coal Block Information; Vacancy; Tender; Energy Cell; Public Information. ... Alloion TrancheWise; Compensation Orders; Termination Order; Scrutiny ...
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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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WEBSep 24, 2013 · "The process of bidding of coal blocks will be started very soon. The government has fulfilled its commitment to bring transparency in the alloion of coal blocks," coal minister Sriprakash ...
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WEBJul 8, 2020 · The Coalgate scam has been a negative mark on the UPA tenure in India from as it laid out all the wrongdoings by the ruling government. The scam is about a scandal in the alloion of coal blocks to the competing companies, that lacked the proper procedure of auctions through which the highest bidder could get the block.
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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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