Coal News We love to talk!

MAY 18 2013

Ministerial panel may consider coal mine allocation to PSUs next week

  • Economic Times, ET Bureau / Hyderabad
  • Created: Sat 18th MAY 2013

An inter-ministerial panel next week may take a call on allocation of 17 coal mines to public sector firms.

"An Inter-Ministerial Committee (IMC) is likely to take a call on applications from the government companies / corporations for allocation of coal blocks on May 23, a Coal Ministry official said.

The IMC, headed by Coal Secretary S K Srivastava, may consider allocation of 17 blocks with estimated reserves to the tune of 8.45 billion tonnes to these PSUs, the official said.

The committee comprising Joint Secretaries from Ministries of Coal, Power, Law & Justice, Department of Economic Affairs and DIPP besides representatives of Planning Commission and coal companies will deliberate on the issue.

The Coal Ministry has received over 300 applications, including 235 from the power sector and 38 from mining firms, for the allocation of 17 coal blocks to public sector firms.

NTPC, Neyveli Lignite Corporation and MOIL are among the companies that have applied for the coal blocks.

In December, the Ministry had invited proposals from the PSUs for allotment of mines, mostly for captive power plants.

The Ministry has initiated the process of allocation under the amended provisions of the Mines and Mineral Development and Regulation Act.

In the first round, the government proposes to allocate blocks to the government companies for specific use (power) and coal-mining.

The blocks on offer include Jilga-Barpali, Baisi, Banai, Bhalmunda, Kente and Kerwa in Chhattisgarh; Gowa, Pachwara South and Kalyanpur-Badalpara in Jharkhand; Mahajanwadi in Maharashtra; and Kundanali-Laburi, Sarapal-Nuapara, Tentuloi, Chandrabila and Brahamani in Odisha.

The Gandbahera-Uhhenia block in Madhya Pradesh and Deocha-Pachami-Dewanganj-Harinsingha in West Bengal are also on offer.

The coal mines allotment in the past has been under attack from various corners while a parliamentary panel last month had said most of the allocations by various governments were unauthorised and illegal.


Madhya Pradesh Maharashtra Jharkhand Odisha West Bengal Independent Power Producers Coal NTPC Ltd Department of Economic Affairs Public sector units Neyveli Lignite Corporation Planning Commission Power

Related News

  • Panasonic to Launch the Industrys Smallest and Lowest Operating Power Level* High-Capacity Power Relays, HE-S Relay  Read more
  • Singareni Collieries profit doubles to 1,020 crore  Read more
  • Power projects to get coal from CIL till auctions are over  Read more
  • Power utilities including NTPC and Damodar Valley Corporation owe Rs 8,279 crore to Coal India  Read more
  • Maoists hit agency working on Jagdishpur-Haldia gas pipeline  Read more
  • Patel Engineering bags Rs 2,500 crore arbitration award  Read more
  • Coal India sets 492 mt production target for 2013-14  Read more
  • India and US launch $ 95 million clean energy projects under OPIC financing  Read more
  • MNRE to states: Uncertainty on PPAs may hit new wind projects  Read more
  • CCIs energy booster: R70k-cr projects okayed  Read more