New Delhi: Winding up the exercise of scrutiny of mines allotted to PSUs which failed to develop coal mines within stipulated timeframe, the Inter-Ministerial panel on coal blocks on Tuesday recommended de-allocation of three more blocks.
"The IMG has recommended de-allocation of three blocks today including one allotted to Jharkhand State Mineral Development Corporation (JSMDC)," a source close to the development said. However, the names of other two blocks could not be obtained.
The IMG reviewed 14 cases on Tuesday in a marathon meeting, which lasted for over six hours. With the new development, the number of cases recommended for cancellation of mines to PSUs has risen to 11. Earlier in November, it had recommended de-allocation of eight such blocks after scrutiny of 19 cases.
The IMG has completed the exercise of scrutiny of blocks allotted to public sector firms, which were issued show cause notices for failing to develop mines within stipulated timeframe. The panel's earlier recommendation for de-allocation of 13 mines to private firms has already been accepted by the government....more
08:51 PM, Nov 20, 2012
New Delhi: The Coal Ministry may be responsible for the delay in the de-allocation of coal blocks. According to documents accessed by CNN-IBN, the ministry has deliberately delayed the process of de-allocation. CNN-IBN has accessed letters between the Coal Secretary and the Inter Ministerial Group (IMG) Additional Secretary on the de-allocation of mines. According to the letters, while the Coal Secretary said that the de-allocation was not possible as the...
06:40 PM, Sep 05, 2012