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Home > News > Govt allocates 14 coal blocks to companies without reserve price > Govt allocates 14 coal blocks to companies without reserve price

Govt allocates 14 coal blocks to companies without reserve price [1]

Allocation would lead to an investment of Rs 1.6 lakh crore in the power sector

More than a year after gross irregularities in coal allocation surfaced, raising a storm of controversy, the coal ministry on Wednesday allocated 14 coal blocks with reserves exceeding 8,311 million tonne (mt) to power sector companies under the new Competitive Bidding of Coal Mines Rules notified in 2012.

Publication Date: 
04/07/2013
Business Standard (New Delhi) [2]
Tags:
Coal [3], Mining [4], Ministry of Coal [5], National Thermal Power Corporation (NTPC) [6], Ministry of Power [7]

Technology Partners: MimirTech

Source URL: http://admin.indiaenvironmentportal.org.in/news/govt-allocates-14-coal-blocks-companies-without-reserve-price

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/govt-allocates-14-coal-blocks-companies-without-reserve-price
[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/mining
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-coal
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/national-thermal-power-corporation-ntpc
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-power