WEBJun 18, 2020 · The Indian Coal Ministry in association with the Federation of Indian Chambers of Commerce and Industry (FICCI) launched a twostage electronic auction process for the alloion of the coal mines. Liberalisation of the coal industry . India's coal mines have registered a jump in output in the last six years, and the auction will .
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WEBMar 1, 2018 · As of the financial year 201617, 34 of Coal India Limited's mining projects were delayed, mainly due to problems in getting forest clearances and land acquisition. ... What is the alloion ...
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WEBMar 19, 2018 · The Supreme Court had last year in September scrapped all but four of 218 coal blocks alloed by the government over the past two decades, in a tougherthanexpected ruling that sank shares of companies that have invested heavily in projects around the concessions.
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WEBThe Coal alloion scam, dubbed in 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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WEBOct 7, 2020 · The court also held CTL, Agarwalla and CML guilty for the offence under IPC Section 379 (theft) and 34 (common intention). As per CBI's case, a criminal conspiracy was hatched by private parties and public servants involved in the process of alloion of Brahmadiha coal block, which was "not an identified captive coal block to be alloed .
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WEBDec 21, 2019 · This work presents detailed life cycle assessment (LCA) of a novel process to produce ethanol from rice straw in India. The process has been successfully demonstrated and proposed to be scaledup, and detailed LCA of that process is the key novel contribution of this work. Cradletogate system boundary is considered, which .
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WEBNational Coal Index. Commercial Mining of Coal Blocks has been approved by the Cabinet Committee of Economic Affairs. In the auction process, the National Coal Index (NCI) and Representative Prices (RP) would play very important role. The concept and design of the Index as well as the Representative Prices have been developed by the Indian ...
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WEBNov 21, 2013 · Coal alloion scam or Coalgate, is a political scandal concerning the illegal alloion of the nation's coal deposits to public sector entities (PSEs) and private companies by Prime Minister Manmohan Singh. In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of .
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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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WEBSep 21, 2020 · Union of India; (2017) The scrapping of coal block alloions led to the enactment of Coal Mines (Special Provisions) Act of 2015 aimed at bringing the coal blocks back to the private sector by means of auctions. The Coal Block Alloion Rules, 2017 were also enacted to pave the way for competitive bidding of coal blocks.
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WEBJul 8, 2020 · India has been a witness to several national level scams by the public officials. The Coalgate scam was one such scam where the UPA Government was accused of alloing coal blocks without the process of competitive bidding. ... The coal alloion process was a nontransparent process with a lack of competitive bidding to provide a .
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WEBAug 25, 2014 · Coal block alloion: chronology of events; July 14, 1992. A number of coal blocks, which were not in the production plan of Coal India Ltd and the Singareni Collieries Company Limited (SCCL ...
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WEBJun 23, 2020 · Coal Alloion Monitoring System (CAMS) was also developed to monitor the alloion of coal by CIL to States, States to State Nominated Agencies (SNA) and SNA to such consumers in a transparent manner. Recently announced Reforms in Coal Sector Easing the process. Commercial mining of coal allowed, with 41 blocks to be .
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WEBAug 1, 2009 · According to Oil Gas Journal's estimates (as on January 1, 2006), India is ranked 24th among the gas producing nations with 1100 BCM Natural Gas reserves (see Fig. 2).The country accounts for only % of total Natural Gas reserves of the world [4].The situation for gas reserves was not exciting before 2001 until the finding made by .
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WEBMar 8, 2021 · The MMDR Act regulates the overall Mining Sector in India. The Coal Mines (Special Provisions) (CMSP) Act provides for the auction and alloion of mines whose alloion was cancelled by the Supreme Court in 2014. ... The objective of a licence alloion process from a country's perspective is to select the company with the .
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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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WEBDec 29, 2023 · With coal production in India expected to nearly double in the next seven years, the Rail Sea Rail as an alternative mode of transportation, becomes crucial for efficient Coal evacuation to consumption centres in India, ensuring a seamless and uninterrupted power supply. 4. COAL BLOCK ALLOCATION.
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WEBJun 19, 2020 · Coal Sector Reforms. This article is based on "Unveiling reforms in India's coal sector" which was published in The Hindustan Times on 17/06/2020. It talks about the intended benefits and challenges associated with the new set of coal reforms. India, being a developing country, coal remains one of the most important indigenous energy ...
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WEBOct 16, 2013 · The 14th first information report (FIR) in the alleged coal block alloion scam has named industrialist Kumar Mangalam Birla as an accused, along with the government's former coal secretary P C Parekh, for alleged criminal conspiracy and abuse of official position. According to a senior CBI official, the agency has found Birla had met ...
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WEBThe process of competitive bidding was initiated way back in 200609, after correspondence amount various ministers for 2 years the later it was dropped though Development of legal Affairs and law secretory of the time stood against the decision. ... The CAG report is based on few aspect of the coal alloion. The Prime minister of .
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WEBJun 17, 2019 · Alloion process was arbitrary, discretionary and nontransparent. There was no consideration of Merit, no Price discovery mechanism for national resources. Till now, the PSU, Coal India was the only commercial miner in the country for more than four decades which has shown monopolistic tendencies in the sector. Monopoly in mining .
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WEBOct 25, 2014 · Indian coal is classified in 2 egories coking coal and noncoking coal. This is a usage based classifiion, as coking coal is essential for Iron and steel industry. ... Alloion process was arbitrary, discretionary and nontransparent. There was no consideration of Merit, no Price discovery mechanism for national resources (Auction ...
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WEBSep 4, 2012 · The stateowned Coal India Limited (CIL) is the only agency which sells coal in India. It is also the world's largest producer of coal during 201112, it produced more than 435 million tonnes of ...
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WEBSep 30, 2015 · In view of this and pursuant to the recent judgment of the Supreme Court on cancellation of coal mines alloions, a major overhaul of the alloion process prescribed under the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act) was long overdue to ensure mine alloion and monetization of minerals in the .
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