'Captive coal block de-allocation to boost mine ...

Apr 23, 2013· COIMBATORE: The government's move to weed out non-serious allottees by de-allocating their captive coal blocks (CCBs) and invoking of bank guarantees (BGs) may speed up mine development, according ...

Rules governing allocation of coal blocks in India. iPleaders.

Apr 12, 2017· Allocation of coal blocks which results in captive mining can be made through an application which shall be made in 5 copies and accompanied with following documents: – 1 copy of the certificate of registrations of the company which is a conclusive proof that the company is a registered company under section -3 of the Companies Act 2013.

Coal is Gold: The 'Coalgate' Scam - longdom.org

enterprises can participate in those auctions. The highest bidder is given the coal block for his or his enterprise's use. This is/was the legal and correct way to allocate the coal blocks. But in this scam the government allocated 194 coal blocks wrongly to private enterprises for their captive use but

Indian coal allocation scam - Wikipedia

The JSPL spokesperson said the company's coal blocks are being de-allocated "despite best efforts made by the company and no fault on part of the company." Last week, the Coal Ministry decided to de-allocate 11 captive coal blocks to various companies.

What is the logic behind the system of 'captive coal ...

Captive coal mining means that the coal mined could be used only in the said industry for which the allocation/auction of the block has been done.It can't be used for any other purposes.Any surplus coal would have to sold to Coal India at the noti...

what is captive coal block - degrienduil.eu

Indian coal allocation scam - Wikipedia, the free encyclopedia ... was no legal impediment to introduction of transparent and objective process of competitive bidding for allocation of coal blocks for captive mining as per the ...

CAG REPORT ON COAL BLOCK ALLOCATION PDF

Dec 17, 2018· Report on coal block allocation misleading: CAG. Retrieved 16 March The CAG Report further states that although, sincethe MoC had received recommendations to introduce competitive bidding for allotment of captive coal blocks, no guidelines for …

Bidding for captive coal blocks no magic bullet

Apr 23, 2014· In any case, auctioning captive blocks may well see limited bidder interest after taking into account logistics and transport costs. The fact remains that the vast majority of coal blocks identified in the past decade for captive investment has not seen followthrough action.

HOME >> Product >>captive coal and lignite blocks in india

captive coal and lignite blocks in United States. what is captive coal block chassin Captive Coal & Lignite Blocks in India: The Road Ahead 2013121The report is a comprehensive compilation of coal and lignite blocks alloed for captive use in Chat Now what is captive coal block artsclubinstitutein It is a policy used to develop coal resources in ...

CAG REPORT ON COAL BLOCK ALLOCATION PDF

Nov 16, 2018· In wake of the controversy generated by the CAG Report the Government of India GoI is looking to cancel likely up oh 58 captive coal block allocations for the failure by the allottees to meet repprt for starting coal production a list of captive coal blocks facing cancellation is attached.

What is captive mining? | Yahoo Answers

Jan 31, 2013· The intent of the captive coal mining policy is to allocate a specific block to a specific need for the country. Captive mining was used to supply the iron and steel production in 1976, then for power genration in 1993 and finally coal gasification and liquedfaction in 2007. End user companies (allocatee) can get blocks developed througu an ...

The Times Group

After declaring captive coal block allocations as illegal in August, the Supreme Court has now cancelled all but 4 of the captive coal blocks allotted between 1993 and now. ET presents a primer on the captive coal block allocation scam, or as it was called, `Coalgate'.

captive blocks News and Updates from The Economic Times

captive blocks West Bengal government seeks clarity on rules for world's second largest coal block It is the world's second largest coal block and the state was looking at the possibility of selling a portion of its produce in the open market, if allowed by the centre, which, however, seem unlikely.

What is captive (coal) mining? - Quora

Aug 06, 2015· Let's try to understand this with NTPC context. NTPC use coal for its thermal power projects to produce electricity. NTPC has contracts with many companies like Coal India which produces coal and sell it to NTPC and takes huge money in return. Now...

captive coal mining blocks - igepaitalia.it

Captive coal block miners, too, must share profits with people. The Union coal ministry is all set to propose a fixed levy on coal mined from captive coal blocks The levy so collected will be paid directly to the affected communities in mining areas.

Captive Coal: Blocked - Academia.edu

Thus, the sharp fall in production from captive blocks has undermined the government's claims of huge revenue gains to coal-bearing states. The rapid allocation of coal blocks (and the ambitious production targets given to CIL) was also expected to reduce India's coal import burden, as stated by the Minister to Parliament in 2015.

IMG for scrapping 30 captive coal blocks | Business News ...

An inter-ministerial group (IMG) tasked with suggesting punitive measures for holders idling their captive coal blocks is learnt to have recommended cancellation of 30 mines, making it the single biggest de-allocation so far. Advertising Apart from several major firms like Jindal Steel and Power ...

What is an allocatee? - Answers.com

I will rephrase the question by answering what is captive coal mining. It is a policy used to develop coal resources in India. A block is an area from which the government has granted permission ...

PROBLEMS IN CAPTIVE COAL MINING - IDFC

should also be included in the list of captive blocks for allocation; In identifying captive coal blocks at 'reasonable' distance from existing mines and projects of CIL/SCCL, it should be considered that the distance should not be at a disadvantage to the captive coal block …

Development of 8 NTPC coal blocks gets delayed | Business ...

While eight captive coal blocks were allotted to NTPC between 2004 and 2007 through what is called the 'government dispensation route,' the state-run company is running way behind schedule in their development. Although it blames "issues beyond its control", such as lack of support from ...

Commercial Coal Mining in India: Evaluating Potential ...

Coal sector in India is largely public dominated with Coal India Limited (CIL) contributing almost 80% of total coal production. It has the majority share in coal mining and almost controls the total coal distribution channels of India barring captive coal block production and …

What is a Captive coal block? - Answers.com

I will rephrase the question by answering what is captive coal mining. It is a policy used to develop coal resources in India. A block is an area from which the government has granted permission ...

what is captive coal block - tuinoase.be

Re-auction coal blocks but save 46: Government to … They could also be told to enter into fresh power purchase agreements with utilities so that the power produced from these blocks are sold at sub-market prices, factoring in the benefit captive coal, attorney general Mukul Rohatgi told the bench headed by Chief Justice RM Lodha.

Coal Block Allocations and the 2015 Bill | PRSIndia

Mar 07, 2015· 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.