coal block allocation process

Coal scam: Timeline of allocations and probe | Mint

June 2012: Coal ministry forms an interministerial panel to review the process of allocation of blocks and to decide either on deallocations or forfeiture of bank guarantees. The government has ...

Supreme Court quashes allocation of 214 coal blocks

Coal blocks: SC rejects private miners' plea. In its 27page order cancelling the allocation of 214 coal blocks on Wednesday, a threejudge Bench headed by Chief Justice of India Lodha ...

PDF Coal Mining Policy and Major Initiatives Ministry of Coal

The Amendment Act seeks to provide for grant of reconnaissance permit, prospecting licence or mining lease in respect of an area containing coal and lignite through auction by competitive bidding, on such terms and conditions as may be prescribed. This, would however, not be applicable in the following cases:

PDF Chapter 2 The eAuction: Design and Process Comptroller and Auditor ...

Chapter 2 The eAuction: Design and Process The legal framework for allocation of cancelled coal blocks was provided through the Coal Mines (Special Provisions) Act, 2015 (preceded by the two Ordinances in October 2014 and December 2014), Coal Mines (Special Provisions) Rules, which were followed by issue of Standard Tender Document (STD).

Coal scam: First conviction raises hope | ORF

It is ironic that two of the biggest defaulters in the SDR scheme are also involved in this coal block allocation case, but because of the deaths, they have escaped the dragnet. ... It is to the BJP's credit that it decided to auction these disputed coal mines through a fair and transparent process. But only a series of convictions will act ...

Supreme Court questions screening committee in coal block allocation Mint

At the outset, Vahanvati said deallocation process for the coal block allocation made between has been put on motion and the private parties to whom allocation has been made for 61 ...

58 coal blocks to start in FY23, MT production targeted: Ministry

Follow Us. The Coal Ministry expects operationalisation of 58 coal blocks in 202223 and has set target of million ton coal production, an official statement said on Friday. "The Ministry of Coal has allocated coal blocks for captive end use and sale of coal/ commercial mining. million tonnes of coal has been produced in FY 202122 ...

Coal Blocks Allocation Rules, 2017 Bare Acts Live

3. Allocation process. 4. Block Dossier. 5. Auction. 6. Allotment. 7. Allotment on the basis of tariff based competitive bidding for power projects. 8. Procedure after declaration of successful bidder or successful allottee. 9. Reauction and reallotment. 10. Arrangements for optimal utilisation of coal blocks. 11.

Coal Mine Auctions | Current Affairs IAS Parliament

India imports around 240 million tonnes (mt) of coal a year valued at about ₹ lakh crore. The 41 mines opened for auction now can hit a peak production of 225 mt in 202526, saving foreign exchange. A High Powered Expert Committee (2017) recommended a shift from the allocation of coal blocks for own consumption to commercial mining.

Coal scam | PPT SlideShare

• Coal allocation scam is a political scandal concerning the Indian government's allocation of the nation's coal deposits to Public Sector Entities (PSEs) and private companies. • In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an ...

Coal Blocks Allocation Rules, 2017

Coal Scam Case: Court convicts former Ministry of Steel Official; High Court: Contractor cannot refuse payments to subcontractor solely due to backtoback contract, Read Judgment; HC: Condonation of delay is an exception, Govt. agencies should not be treated differently, Read Judgment

Modi govt allowed Adani coal deals it knew were 'inappropriate'

The officials recommended that the word "transparent" should be inserted before the sentence "competitive bidding process" in the Coal Block Allocation Rules of 2017, which state that ...

Indian coal allocation scam Alchetron, the free social encyclopedia

Coal allocation scam (or Coalgate) is a major political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector entities (PSEs) and private a draft report issued in March 2014, the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an inefficient manner during the period ...

Coal Mine Closure and a Just Transition for All World Bank Group

The Managing Coal Mine Closure report was prepared using the Energy and Extractives Global Engagement budget for US250,000 / year for two years. The Energy Sector Management Assistance Program (ESMAP) is supporting the Global Platform for Just Transition with an initial focus on the Europe and Central Asia (ECA) region with US725,000 and a ...

Coalgate scam A legal picture iPleaders Blog

The Coal Allocation scam or the Coalgate scam is a scandal that took place during the UPA government tenure. It came into reckoning in 2012 after the then Comptroller and Auditor General (CAG) raised allegations against the government for allocation of coal blocks to public and private enterprises. Out of the total 216 coal blocks allocated ...

Coal allocation laws in India iPleaders Blog

The entire process of allocation and allotment will be regulated by a 'nominated authority' appointed by the central government. Once the allotment is completed, following rights and licenses will vest in the allottee: ... As has been stated above, the allocation of a coal block by the Central Government confers the power on the allottee to ...

Coal Scam: India's Controversial Allocation

The process of coal block allocation in India involved the government allocating coal reserves to public sector companies and private firms for coal mining and other commercial purposes. The Comptroller and Auditor General (CAG) of India conducted an audit and found that the process lacked transparency and had been manipulated to favor certain ...

Rules governing allocation of coal blocks in India. iPleaders.

1 In this article, Akshita Rishi who is currently pursuing IN BUSINESS LAWS, from NUJS, Kolkata, discusses the rules that govern the allocation of Coal Blocks in India. Introduction We often talk about conservation of our natural resources as they are limited in nature.

Coal gate | PPT SlideShare

The foregoing supports the following conclusions: • The allocation process prior to 2010 allowed some firms to obtain valuable coal blocks at a nominal expense • The eligible firms took up this option and obtained control of vast amounts of coal in the period 200509 • The criteria employed for awarding coal allocations were opaque and in ...

Tribal Rights Compromised for Vedanta's Coal Mining ... NewsClick

Jamkhani, which has 114 million tons of mineral reserves, was awarded to Vedanta Group in February 2020, nearly six years after the Supreme Court cancelled its allocation. It was amongst the 214 coal blocks deallocated vide the apex court's September 2014 judgement. Before the deallocation, the coal block was owned by another corporate ...

Coal Allocation: The full story Gaon Connection

The Slow Interview Gaon Connection Survey Coal Allocation: The full story Coal mines in India are being opened for commercial mining for the very first time. While launching the auction process, the Prime Minister said coal mining will pave the way for development in the tribaldominated areas.

Coal Blocks Allocation Rules, 2017 | ESCAP Policy Documents Managment

The Coal Blocks Allocation Rules, 2017 is to notify that the Ministru of Coal deferred indefinitely the fifth round of captive coal block auctions citing lack of demand from steelmakers, despite a request from the steel ministry to continue the bidding for interested firms. The Monistry issued a notification to the prospective bidders that the ...

Coal block allocations since 1993 illegal: Supreme Court

July 14, 1992 A number of coal blocks, which were not in the production plan of Coal India Ltd and the Singareni Collieries Company Limited (SCCL), were identified and a list of 143 blocks...