WEBFeb 7, 2023 · The coal block alloion scam, also known as the "Coalgate" scam, involved the alloion of coal blocks to private companies without a transparent bidding process. The alloion was done at below market prices, leading to huge losses for the government. The scam was uncovered in 2012 and led to the resignation of several high .
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WEBNov 7, 2023 · The process is about to be rerun for another coal block in Madhya Pradesh for which Adani was the only bidder. These deposits of coal underlie swathes of forest that are the homelands of tribal indigenous peoples. The alloion of coal blocks to a single bidder was described by Shreegireesh Jalihal for the Reporters' Collective on 11 October ...
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WEBSep 4, 2012 · Of the 86 coal blocks which were to produce coal by 201011, "only 28 blocks (including 15 alloed to the private sector) started production as of 31 March, 2011".
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WEBAug 20, 2012 · It is true that the process adopted post2004 was better than the practices followed during 1993 and 2004, when 60 blocks were doled out without any nonperformance clause or earnest money.
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WEBMay 17, 2022 · A list of 143 coal blocks was prepared initially and inflated to 216 later. At that time, there were no concrete guidelines for alloion of coal blocks as coal mining was largely restricted to PSUs and many geographic loions were seen as unsuitable for profitable mining. The guidelines were periodically revised through 1993, 1998 and 2003.
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WEBFeb 10, 2023 · The whole process of alloion of coal blocks has been a huge example of arbitrary action from the governments' side. Arbitrariness is defined as the practice of decision taking without any reasonability and exclusively on personal pleasure. The doctrine of arbitrariness as stated under Article 14 of the Constitution of India has been ...
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WEBThe coal alloion scam, dubbed in the media as Coalgate, is a major political scandal concerning the Indian government's alloion of the nation's coal deposits to public sector enterprise (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 .
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WEBAug 25, 2014 · The Supreme Court on Monday declared alloion of all the 218 coal blocks made since 1993 as "illegal and arbitrary" while also holding that the central government had no power of alloion under the relevant laws. ... In what is bound to overhaul the entire process of mining of the mineral, which the court described as .
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WEBAlloion process. (1) In connection with the alloion of coal blocks the Central Government shall (a) identify the coal blocks for alloion as per the standard technical parameters; ... The process of auction of coal blocks shall be conducted through electronic auction, in accordance with the Act, these rules, the tender document and ...
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WEBUnion of India Section Section 5 in Coal Blocks Alloion Rules, 2017 5. Auction. In respect of coal blocks, for which the Central Government has specified auction under clause (b) of subrule (1) of rule 3, the Central Government shall prepare a document for the auction process, that is, the tender document.
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WEBJul 6, 2020 · 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 alloion of coal blocks for own consumption to .
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WEBAug 25, 2014 · June 2012: Coal ministry forms an interministerial panel to review the process of alloion of blocks and to decide either on dealloions or forfeiture of bank guarantees. The government has ...
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WEBAug 27, 2012 · Since 1993,alloion 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 alloion,the Government,in 2003,evolved a consolidated set .
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WEBSep 30, 2015 · The auction had become sole mode of coal and lignite mines alloion after 2012, however, it was not applicable to alloion of mines for other minerals. While the Central Government will continue to conduct auction for coal and lignite mine blocks, the auction for all other mineral mine blocks will be conducted by the State Governments.
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WEBMar 28, 2018 · ED attaches assets worth Rs 603 crore belonging to Vandana Vidyut Ltd. The move by agency was in connection with a coal block alloion case. ED alleged that directors of the firm destroyed forged sale documents. In a crucial development, the Enforcement Directorate today attached assets including factory building, plant and .
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WEBAug 16, 2018 · All the accused have denied the allegations levelled against them and said there was no evidence to show that there was any conspiracy during the coal block alloion process. The CBI has filed another charge sheet against Jindal and others, including Goel and Maroo, for allegedly cheating the government by misrepresenting .
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WEBFeb 15, 2015 · Gautam Adanipromoted Adani Power has joined the race for coal block realloion with all its might. Adani Power has made 11 bids for six of a total 19 blocks being auctioned under the second phase of the coal block alloion process. These blocks belong to ScheduleIII, abouttoproduce mines without any associated enduse .
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WEB1. Short title and commencement. (1) These rules may be called the Coal Blocks Alloion Rules, 2017. (2) They shall come into force on the date of their publiion in the Official Gazette. 2. Definitions. (1) In these rules, unless the context otherwise requires, . (a) "Act" means the Mines and Minerals (Development and Regulation) Act ...
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WEBMay 18, 2022 · Coal block scam, CAG report on coal alloion, Supreme Court seeking report on coal cases, Alloion of coal blocks ... 2015 bill The 2015 Bill provides details for the auction process, compensation for the prior allottees, the process for transfer of mines and details of authorities that would conduct the auction. In December 2014, the ...
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WEBAug 17, 2012 · The much awaited Comptroller and Auditor General's report on coal block alloion was on Friday tabled in the Parliament. The report has pegged the loss caused due to alloion of coal blocks at Rs lakh crore. The initial draft had estimated the losses caused to the government to be close to Rs lakh crore. #Elections with ET.
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WEBNow, 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 alloion of 19 coal mines. Commercial coal block auctions are conducted in a twostage online bidding process, which ...
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WEBArbitrariness: Until 1993, there were no specific criteria for alloion of coal blocks. In 1993, a new process was started in which alloions were made on the recommendation of an "interministerial screening committee", headed by the coal secretary.
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WEBAug 25, 2014 · The Supreme Court on Monday pulled up the Centre on coal block alloions and declared all >218 alloions made from 1993 to 2011 illegal and arbitrary. A Bench of Chief Justice Lodha and ...
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WEBApr 16, 2013 · The coal alloion scam involved the inefficient alloion of India's coal deposits to public and private companies by the government between . Around 194 coal blocks were alloed without an open auction process, resulting in potential losses of over 33 billion to the Indian exchequer.
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WEBJan 21, 2015 · CBI has examined Aditya Birla group Chairman Kumar Mangalam Birla in connection with alleged irregularities in the coal scam for the alloion of TalabiraII coal block to his company Hindalco ...
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WEBCoal blocks alloion arbitrary, says parliamentary panel Wants probe into screening committees' decisionmaking process April 23, 2013 03:18 pm | Updated November 17, 2021 04:37 am IST New Delhi
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WEBMar 5, 2024 · These measures are designed to enhance efficiency, accountability, and sustainability in the alloion of coal resources, aligning with the government's vision of Aatmanirbhar Bharat and economic selfreliance. ... To meet coal demand and to realloe these coal blocks through fair and transparent process, the Coal Mines (Special .
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WEBMar 5, 2024 · The revelation of collusion between private entities, particularly the RP Sanjiv Goenka Group, and governmental bodies adds a sinister dimension to the coal block alloion saga. The clandestine maneuvers employed to rig auctions and manipulate bidding processes lay bare the nexus between vested interests and administrative .
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WEBJan 27, 2015 · The case pertains to alloion of Talabira II coal block in Orissa to M/s HINDALCO in 2005. The CBI had earlier lodged an FIR against Kumar Mangalam Birla, former Coal Secretary P C Parakh, M/s ...
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WEBMar 11, 2015 · 1. The coal gate scam is the alloion of coal blocks to corporates of public centre entities (PSE) and companies and the private sector during the UPA rule under Prime Minister Manmohan Singh's mandate. The government alloes coal blocks through a process of competitive bidding. However, this procedure was not followed .
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WEBAug 28, 2014 · The SC follows up by asserting that "(i)t must be noted without an iota of hesitation that the process for alloion of coal blocks for captive use has rendered the role of the State government ...
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WEBAUCTION OF COAL MINES FOR SALE OF COAL. Notice regarding declaration of Technically Qualified Bidders17th TrancheSecond Attempt Notice regarding declaration of Technically Qualified Bidders18th Tranche Notice regarding declaration of Technically Qualified Bidders19th Tranche.
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WEBAug 25, 2014 · The Supreme Court on Monday declared all coal blocks alloions between 1993 and 2010 as illegal and said the process of alloion by the screening committee was illegal, unfair and suffered ...
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A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
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