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Home > News > Undue benefits to R-Power: CAG draft report on coal allocation > Undue benefits to R-Power: CAG draft report on coal allocation

Undue benefits to R-Power: CAG draft report on coal allocation [1]

But company says govt decision to permit use of incremental coal does not result in any loss to exchequer or undue benefit

The draft report of the Comptroller and Auditor General of India (CAG) on coal allocation has alleged undue benefits of Rs 15,849 crore to Reliance Power Ltd (RPL) by way of surplus coal allocation for two of its Ultra Mega Power Projects (UMPPs). The report pegs benefit to RPL from surplus allocation for the Sasan UMPP at Rs 4,875 crore. Another Rs 10,974 crore “may accrue” from the Tilaiya UMPP, it says.

Publication Date: 
30/03/2012
Business Standard (New Delhi) [2]
Tags:
Coal [3], Ministry of Coal [4], Parliament [5], Power Industry [6], High Court [7], Energy Policy [8], Supreme Court [9], Mines and Minerals Development & Regulation (MMDR) Bill, 2010 [10], Mining [11]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/undue-benefits-r-power-cag-draft-report-coal-allocation

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[1] http://admin.indiaenvironmentportal.org.in/news/undue-benefits-r-power-cag-draft-report-coal-allocation
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-coal
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/parliament
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/power-industry
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/high-court
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy-policy
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/supreme-court
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mines-and-minerals-development-regulation-mmdr-bill-2010
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining