WEBSep 24, 2014 · In a bold judgement on Wednesday, the Supreme Court has cancelled 214 coal blocks that were allotted since bench spared only four blocks—one each allotted to the National Thermal Power Corporation (NTPC) and Steel Authority of India Limited (SAIL) and two alloed to Ultra Mega Power Projects (UMPPs), said Pranav .
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WEBJan 8, 2016 · Figure 1: Timeline of events relat ed to captive coal block alloion in India 2. Figure 2: Summary of cancelled coal blocks and proposed alloca tions 6. Figure 3: Enduse classifiion of coal ...
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WEBSep 23, 2014 · The Coalgate Scam was unearthed by the CAG report on alloions of coal blocks. CAG report alleged that a loss of Rs. lakh crore was caused to the exchequer because of a nontransparent and discretionary alloion process. The beneficiaries of the scam are private players who have made windfall gains and have .
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WEBJul 18, 2022 · In light of the same, Public Interest Litigations were filed by Manohar Lal Sharma and Common Cause challenging the alloion of coal blocks from 1993 to 2010 as it was claimed to have inter alia breached the Mines and Minerals (Development and Regulation) Act, 1957 ("MMDR Act") and the Coal Mines (Nationalisation) Act, 1973 .
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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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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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WEBUnion of India Section Section 9 in Coal Blocks Alloion Rules, 2017 9. Reauction and reallotment. On cancellation of auction process or allotment process pursuant to rule 5, rule 6 or rule 7, as the case may be, on account of any reason whatsoever, the Central Government shall have the power to initiate fresh process of auction or allotment of
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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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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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WEBA. GUIDELINES. for alloion of coal blocks for captive mining for the specified end uses shall be made to the Director (CAI) in the Ministry of Coal in five copies. The appliion shall be accompanied by the following in addition to any other relevant documentation that the applicant may submit:
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WEBMar 4, 2015 · The audit noted that while an interministerial screening committee decided on the alloion of coal blocks to endusers in the private sector, the "minutes of the steering committee did not indie how each one of the applicants for a particular coal block was evaluated", rendering the process nontransparent.
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WEBThe 2012 CAG report on coal block alloion in India as well as the 2014 Supreme Cout judgement (which led to a cancellation of 214 coal blocks) lead to a complete revamp of the system by which coal blocks were given out to prospective owners. ... Understanding the Auction Process As per the latest guidelines, the coal block auctioning process ...
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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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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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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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WEBUnion of India Section Section 3 in Coal Blocks Alloion Rules, 2017 3. Alloion process. In connection with the alloion of coal blocks the Central Government shall identify the coal blocks for alloion as per the standard technical parameters; specify the manner of alloion through (i) auction; or (ii) allotment to Government Company or .
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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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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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WEBFeb 19, 2015 · The agency on Thursday filed its final probe report in a coal block alloion case allegedly involving former Coal Secretary P C Parakh, Hindalco and others before the special court
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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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WEBMar 10, 2015 · The entire process of alloion and allotment will be regulated by a 'nominated authority' appointed by the central government. Once the allotment is completed, following rights and licenses will vest in the allottee: ... As has been stated above, the alloion of a coal block by the Central Government confers the power on .
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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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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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WEBJan 15, 2014 · At the outset, Vahanvati said dealloion process for the coal block alloion made between has been put on motion and the private parties to whom alloion has been made for 61 ...
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WEBSep 24, 2014 · Coal blocks: SC rejects private miners' plea. In its 27page order cancelling the alloion of 214 coal blocks on Wednesday, a threejudge Bench headed by Chief Justice of India Lodha ...
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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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WEBThe existence of the Scrutiny Committee demonstrates the Ministry's commitment to ensuring accountability and adherence to timelines in the coal block alloion process. By evaluating delays and recommending penalties where appropriate, the committee plays a crucial role in promoting transparency, efficiency, and compliance within the coal sector.
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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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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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