coal block allocation process

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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 ...

Coal Block Allocations and the 2015 Bill PRS Legislative Research

CAG recommended that the allocation process should be made more transparent and objective, and done through competitive bidding. Following this report, in September 2012, a Public Interest Litigation matter was filed in the Supreme Court against the coal block allocations. ... (ii) if they are convicted of an offence related to coal block ...

Ministry of Coal, Government of India

A. GUIDELINES. for allocation of coal blocks for captive mining for the specified end uses shall be made to the Director (CAI) in the Ministry of Coal in five copies. The application shall be accompanied by the following in addition to any other relevant documentation that the applicant may submit:

Indian Coal Allocation Scam | PDF | Politics Of India | Government Scribd

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 some respects subjective.

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 ...

Finance:Indian coal allocation scam HandWiki

The Coal allocation scam, dubbed in media as Coalgate, is a major political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector enterprise (PSEs) and private 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 inefficient ...

Coal Block Allocations: Opportunity Lost, Chaos Gained?

Following the Supreme Court judgement of 2014 cancelling the allocation of more than 200 captive coal blocks, the government quickly brought in legislation and began the process of their reallocation.

PDF Agenda Ministry of Coal

•Auction process successfully completed for 28 coal blocks. 5 Second Attempt of Auction •Total 11 mines on offer 4 mines under Tranche 12 of CM(SP) Act 2015 and 7 ... an offence relating to coal block allocation and not sentenced with imprisonment for more than 3 (three) years Press Note 4 of 2019, amending the FDI Policy 2017,

PM Manmohan Singh's statement on coal block allocation

Since 1993,allocation of captive coal blocks was being done on the basis of recommendations made by an interMinisterial Screening Committee which also had representatives of State governments. Taking into account the increasing number of applicants for coal block allocation,the Government,in 2003,evolved a consolidated set of guidelines to ...

The Coalgate Scam LexQuest Foundation

The Coalgate Scam was unearthed by the CAG report on allocations of coal blocks. CAG report alleged that a loss of Rs. lakh crore was caused to the exchequer because of a nontransparent and discretionary allocation process. The beneficiaries of the scam are private players who have made windfall gains and have received highly valuable natural resources at almost free of cost.

Ministry of Coal, Government of India

Now, the sector has been opened up for commercial coal mining by private players in 2020 and first ever successful auction of commercial mining was launched by the Hon'ble Prime Minister on and concluded with allocation of 19 coal mines. Commercial coal block auctions are conducted in a twostage online bidding process, which ...

Indian coal allocation scam Wikipedia

The Coal allocation scam, dubbed in media as Coalgate, is a major political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector enterprise (PSEs) and private companies.

COMMERCIAL COAL MINING AUCTION PROCESS MSTC ECommerce

All auctions of coal mines will be for sale of coal only No restriction on utilisation of coal Mineral Concession (Amendment) Rules, 2020, CM(SP) Amendment Rules, 2020 and Coal Block Allocation (Amendment) Rules, 2020 have been notified. National Coal Index implemented to create a transparent market based pricing mechanism.

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 Block Allocations and the 2015 Bill PRS Legislative Research

Earlier this week, Lok Sabha passed the Bill that provides for the allocation of coal mines that were cancelled by the Supreme Court last year. In light of this development, this post looks at the issues surrounding coal block allocations and what the 2015 Bill seeks to achieve.

Coal blocks allocated in brazen fashion by govt officers:Court

The entire process of allocation of coal blocks was done in a "brazen fashion" and officers of the Ministry of Coal abused their positions and acted in "an arbitrary and illegal" manner, a special ...

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 ...

Indian Coal Allocation Scam Ninja

Indian Coal Allocation Scam. Authored by Internal Team The present article deals with the Indian coal allocation scam, the scam is a political scam that inundated the UPA government in the year 2012. Table of Contents Estimated Reading Time: 11 minutes ...

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 process of auction of coal blocks shall be conducted through ...

Ministry of Coal, Government of India

Auction/Allotment. Coal mining in India has been metamorphosed as far as the policy framework is concerned. From an earlier restrictive model, we have moved on to granting coal mining blocks pursuant to a competitive bidding process, and from prescribing specific enduse to permitting commercial sale of coal. The auctionbased regime introduced ...

Coal Mining in India ClearIAS

To increase coal production, the focus of the Government is on accelerating domestic production of coal through the allocation of more coal blocks, pursuing with the State Government for assistance in land acquisition, and coordinated efforts with Railways for the movement of coal. ... Rolling Auctions: To expedite the process for conducting ...

Coal allocation | PPT SlideShare

2. INTRODUCTION • Coal allocation scam or Coalgate, 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 inefficient manner during ...

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