Ministry plans to hand over cancelled blocks to CIL
To check the adverse impact of a possible cancellation of the coal blocks allotted to companies that have failed to fulfil the norms for making them operational by March 2013 and prevent a “fuel crisis,” the government proposes to hand over all cancelled blocks to Coal India Limited (CIL).
This view has emerged even as the Inter-Ministerial Group (IMG) on coal blocks met on Monday to take a decision on the 58 blocks that have been issued show-cause notices and advisories.
Publication Date:
04/09/2012