Under new method, ministry is ranking companies on different parameters
Amid allegations of irregularity in coal block allocations, the coal ministry is being extremely cautious in the case of new allocations. Under a new method, the ministry is ranking companies on half a dozen parameters, before selecting the most suitable applicant.
The controversy surrounding the clearances given to the Mahan and Chhatrasal coal blocks that are located within forested areas in Madhya Pradesh illustrates the continuing tussle between environment and conservation on one side and regulatory trade-offs in the interests of speedier economic growth on the other. It also exposes the conflicting approaches and attitudes within the government.
The special purpose vehicles (SPVs) formed to implement the upcoming ultra mega power projects in Orissa and Tamil Nadu will not be given ownership rights on allocated coal blocks as was the case i
CIL and its subsidiary coal companies are reporting negative coal balance, therefore there is no scope for issue of any new LoA, says Coal Ministry
The Coal Ministry has rejected the Power Ministry's request to grant linkages for GVK Power's 540 MW plant in Punjab saying that state-owned CIL has a "negative coal balance".
Bids invited based on production-linked multiple; company quoting the highest multiple to become preferred bidder
Amid controversy surrounding the allocation of coal blocks to private companies, the Union Cabinet on Tuesday gave its approval for new allocation policies that would govern the auctioning of coal reserves and shale gas acreages in the future.
New Delhi: Yet to solve the mystery behind missing files on coal block allocations, the coal ministry on Monday courted fresh trouble as it admitted before the Supreme Court on Monday that five coa
The Supreme Court on Wednesday asked the government to explain the quantum of coal allocations made to companies after it was alleged that the firms were allotted almost twice the requirement.
The Cabinet Committee on Investment (CCI) is likely to set the ball rolling for 28 stalled mega power projects, involving investments of Rs 1,72,000 crore, on Monday.
The coal ministry has started groundwork to auction coal blocks after receiving provisional clearance from the ministry of environment and forests, a senior ministry official said.
