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1992–2010. Background to Coalgate: history of coal allocation in India The coal allocation process "In July 1992 Ministry of Coal, issued the instructions for constitution of a Screening Committee for screening proposals received for captive mining by private power generation companies."
An enabling provision for commercial coal mining by private players was included in the Coal Mines (Special Provisions) Act, 2015, which the NDA government had brought in to replace administrative allocation of coal blocks with auction after the Supreme Court had in 2014 cancelled 204 coal blocks allocated to various state and private companies.
Captive Coal Mining by Private Power Developers – Issues and Road Ahead: Summary of recommendations Ministry of Coal has allocated captive mines to bulk users of coal, in public and private sectors. However, very few of the coal blocks have started production. Summarized
4 PwC Coal block auctions: A win or a winner''s curse?5 While coal is the main source of commercial energy in India, the coal industry entered 2015 after years of stagnation in growth. Past allocations
The cabinet has approved opening up coal mining to the private sector for commercial mining. Coal minister Piyush Goyal announced that allocation will be done through auctions and that there would ...
ET reported that Goa Industrial Development Corporation (GIDC) proposes to make a fresh attempt for coal blocks and is in the process of applying to the Union ministry of coal seeking allocation ...
Aug 17, 2012· The much awaited Comptroller and Auditor General''s report on coal block allocation was on Friday tabled in the Parliament. The report has pegged the loss caused due to allocation of coal blocks at Rs lakh crore. The initial draft had estimated the .
Coal mining is the process of extracting coal from the ground. Coal is valued for its energy content and since the 1880s, has been widely used to generate electricity. Steel and cement industries use coal as a fuel for extraction of iron from iron ore and for cement production.
Many breakers and washeries efficiently handle the coarser sizes, but waste the coal fines. This problem is assuming major importance due to the increase in the amount of coal fines being produced by the mechanization of coal mining. Flotation offers a very satisfactory lowcost method for recovering a fine, low ash, clean coal product at a profit.
Offer for larger coal blocks for commercial mining by the private sector and a separate commodity exchange for the sector were identified by industry veterans as ways to bolster commercial coal ...
Coal Mining and Processing. Mining the Coal. Coal miners use giant machines to remove coal from the ground. They use two methods: surface or underground mining. Many coal beds are very near the ground''s surface, and about twothirds of coal production comes from surface mines. Modern mining methods allow us to easily reach most of our ...
The issue of selection process for allocation of coal blocks for captive mining have been raised in the Parliament and in the media. Some of the allocations are also being contested in different Courts in the country. In the light of the above, it was decided to carry out a performance audit On "Allocation of coal
Aug 17, 2012· The Comptroller and Auditor General (CAG) released a Performance Audit of Allocation of Coal Blocks and Augmentation of Coal Production, on August 17, 2012. Some of the main findings and recommendations of the report are highlighted below:
Aug 27, 2012· It was further noted that the legislative changes that would be required for the proposed change would require considerable time and the process of allocation of coal blocks for captive mining could not be kept in abeyance for so long given the pressing demand for coal.
Dec 20, 2018· Coal block allocation matter: Vinod Rai faulted in his advice as CAG, says former coal secretary Had the CAG taken care to go into details, the result on decisionmaking process wouldn''t have been devastating.
Coal Mining Policy and Major Initiatives Competitive Bidding With the progressive allocation of coal blocks, the number of coal blocks available for allocation is declining, while the number of applicants per block in increasing, as the demand for coal keeps increasing. This has made selection of
Mar 10, 2015· This article about coal mining and it''s regulation in India is written by Vishakha Gupta, a student of NUJS, Kolkata. Akin to the common law principle that prohibits us from owning unlimited expanse of air above our land, we are also prohibited from de facto owning the minerals stored below our land. The Government by virtue of the doctrine of eminent domain owns all natural resources found ...
outside the mining area for placement and storage. In the Midwest, where the surface topography and coal seams are generally flat, it is common to employ area strip mining in which the fragmented overburden is placed directly by large draglines in the space created where coal has been mined ().In some situations in the eastern United States, a coal seam occurring near the top of mountains is ...
The Print reported that all hell seemed to have broken loose when the CAG released the audit report on the allocation of coal blocks made between 2004 and 2010. Mr Vinod Rai was the CAG when the ...
Oct 16, 2015· In view of this and pursuant to the recent judgment of the Supreme Court on cancellation of coal mines allocations, a major overhaul of the allocation process prescribed under the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) was long overdue to ensure mine allocation and monetization of minerals in the larger public ...
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.
applications, selection and allocation of coal blocks and the CMN Act only provides eligibility criteria for allocation of coal mines. It was held that: "First, although the Central Government has preeminent role under the 1957 Act in as much as no reconnaissance permit, prospecting licence or mining lease of coal
Govt should not cancel allocation of all coal blocks: Godrej. Opposing calls for cancellation of allocated coal blocks summarily in the wake of CAG report, CII President Adi Godrej Wednesday asked the government to take action against only those companies which have acquired them fraudulently.
Feb 20, 2015· Coal blocks for power cos are being auctioned through ''reverse auction'' process. In this method coal india ltd fixes a per tonne ceiling price of the coal from a particular block. The quality and cost of mining are taken into account while fixing ...
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