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Coal India pact with 11 companies under vigilance lens [1]

NEW DELHI: Coal India Ltd (CIL) has gone out of its way to sign fuel supply pacts with 11 companies, including alleged Coalgate beneficiaries, even before these firms reached the qualifying milestones such as acquiring land, the state-run monopoly's internal anti-corruption watchdog has said.

In a report to the coal ministry, a copy of which is available with TOI, CIL's CVO (chief vigilance officer) Manoj Kumar said supply pacts for 5,935 mw — or one-and-a-half times of the national capital's daily requirement — have either been inked or cleared for signing in spite of "deficiencies in documents".A fuel supply agreement (FSA) holds the key to disbursal of institutional funding for power projects.

Publication Date: 
04/02/2013
Sanjay Dutta [2]
Times Of India (New Delhi) [3]
Tags:
Coal [4], Coal India [5], Land Acquisition [6], Ministry of Coal [7], Comptroller and Auditor General of India (CAG) [8], Supreme Court [9], National Thermal Power Corporation (NTPC) [10], Coal Industry [11], Corporate Legal Accountability [12]
Centre for Science and Environment
National Knowledge Commission Government of India

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[2] http://admin.indiaenvironmentportal.org.in/category/author/sanjay-dutta
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/times-india-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal-india
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/land-acquisition
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-coal
[8] http://admin.indiaenvironmentportal.org.in/thesaurus/comptroller-and-auditor-general-india-cag
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/supreme-court
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/national-thermal-power-corporation-ntpc
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal-industry
[12] http://admin.indiaenvironmentportal.org.in/thesaurus/corporate-legal-accountability