Coal ministry deallocates two more blocks in Odisha
Continuing its crackdown on non-serious players, the Ministry of Coal deallocated two more coal blocks- Baitarani West and Naini- allotted in Odisha in view of the unsatisfactory progress in development of the coal mines and end-use plants.
The deallocation has been effected by the ministry on the basis of recommendations made by the inter-ministerial group (IMG) of the Centre on coal block allocation. The government has also forfeited 50 per cent bank guarantee provided by the allocatees at the time of allotment.
Publication Date:
12/12/2012