Operationalisation issues hit coal block

Now Deocha-Pachami coal block allocated to one state and separate coal blocks to other states

GN Bureau | October 4, 2016


#Coal   #Allocation   #Coal block   #West bengal  

The Deocha-Pachami coal block was earlier decided to be jointly allocated to entities of six states – West Bengal, Karnataka, Bihar, Uttar Pradesh, Punjab and Tamil Nadu. This was under rule 4 of the auction by competitive bidding of coal mines rules, 2012.

On the basis of the requests received from the government of West Bengal, a meeting was held in the ministry of coal with the JV partners of the Deocha-Pachami coal block to review the progress of development of this coal block.

“It was brought to the notice that due to joint-allocation, difficulties are being faced in operationalisation of this coal block. On the suggestion of various joint venture partners and in view of requests received from the government of West Bengal, it was decided…to allocate Deocha-Pachami coal block to one state and separate coal blocks to each of the other states in terms of their requirement,” said the notice inviting applications on October 3.

The coal blocks now offered are Deocha-Pachami/ West Bengal; Jadunathpur/Odisha; Ghogarpalli & Dip side of Ghogarpalli/ Odisha; Pokharia Paharpur/ Jharkhand; Behraband North Extn./ Madhya Pradesh and North Kathara Ph-I and Ph-II UG/ Jharkhand

Comments

 

Other News

15th Finance Commission to be set up

The union cabinet chaired by prime minister Narendra Modi has approved the setting up of the 15th Finance Commission. Setting up the Finance Commission is a Constitutional obligation. Article 280(1) of the Constitution lays down that a Finance Commission (FC) should be constituted "...w

Indian corporates to see improved credit profiles in 2018: Moody`s

Indian corporates will see improved credit profiles in 2018 on solid economic and EBITDA growth, while their cross-border bond maturities for the next three years are manageable, says Moody`s Investors Service. The latest rating comes close on the heels of Moody’s upgrading the country

Aadhaar-property linkage will tackle black money, cool prices

The government’s plan to seed Aadhaar with properties will not only help in flushing out black money that is parked in real estate, but also bring down prices that have gone through the roof. Black money in properties is an open secret, hardly something that will raise eyebrows. 

Brahmos missile successfully flight tested

 Brahmos, the world’s fastest supersonic cruise missile, was successfully flight tested from a Sukhoi-30MKI fighter aircraft against a sea based target in the Bay of Bengal.  The missile was gravity dropped from the Sukhoi’s fuselage and the two stage missile’s engine

REC, PVUNL sign pact to build thermal plant in Jharkhand

 REC and Patratu Vidyut Utpadan Nigam Limited (PVUNL) have inked an agreement to set up 3x800 MW Patratu super thermal power project in Jharkhand.  The project cost of Rs 18,668 crore is funded in debt and equity ratio of 75:25.  The entire debt component of project of Rs 14,000 cr

Moving people, not cars: The future of mobility and urban life

The recent tragedy at the Elphinstone Road suburban railway overpass in Mumbai is a symptom of a larger and deep-rooted malaise that can directly be traced back to the way we see our city as segments and our extraordinarily transactional relationship with it. The way we see our city is so tightly tautologi



Video

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter