Gujarat Ambuja, Grasim and Lafarge blocks under a cloud
The government’s Inter-Ministerial Group (IMG) reviewing progress of coal blocks is understood to have recommended cancelling two more acreages being developed by five companies, according to people close to the development. A final view on the recommendation will be taken by Coal Minister Sriprakash Jaiswal soon.
The two blocks include Bhaskarpara with 24.6 million tonnes (mt) being developed jointly by Electrotherm (India) Ltd and Grasim Industries Ltd and Dahegaon/Makardhokra-IV with 131 mt reserves being developed by IST Steel & Power, Gujarat Ambuja Cement and Lafarge India.