allocation to coal production, advance submission of development schedule by the allocate and cancellation of allocation for nonadherence. Sectorwise allocation of coal blocks So far 208 coal blocks have been allocated to various public/private sector companies including Ultra Mega Power Projects of 4000 MW each being set up in Madhya
WhatsApp: +86 18838072829Note:. Coal India Ltd (CIL) is a public sector undertaking that is the largest coal producer and supplier in India.; It operates under the Coal Mines (Nationalisation) Act, of 1973, which gives it a monopoly over coal mining and distribution in the country.; CIL was a fully governmentowned entity until it's disinvestment in 2010. Currently, the government holds a majority shareholding with a ...
WhatsApp: +86 18838072829The coal reserves in India are billion tonnes. It is located in the east of India. The coal reserves in this area account for 24 percent of India. This state produces 15 percent of the total coal produced in India. Chhattisgarh has around 17 percent of the total coal reserves of the country.
WhatsApp: +86 18838072829Context: Ministry of Coal has approved a plan called the " Exploration of Coal and Lignite Scheme " with an estimated expenditure of ₹2,980 crore. Aim: The scheme aims to explore and estimate coal resources in the country, facilitating the preparation of detailed project reports for coal mining. This initiative plays a crucial role in ...
WhatsApp: +86 18838072829What's new about the recent auction of 41 coal blocks is that this is the first time private players have been allowed to mine coal for commercial mining purposes, without any enduse ...
WhatsApp: +86 18838072829allocation near all coal mines allocated after 1993. GoI enables allocation of coal mines through auctions by enacting the Coal Mines (Special Provisions) Act, 2015. ... The app aims to ensure transparency and efficiency in coal quality monitoring process and bring coal governance closer to people. The Cabinet Committee on Economic Affairs ...
WhatsApp: +86 18838072829A list of 143 coal blocks was prepared initially and inflated to 216 later. At that time, there were no concrete guidelines for allocation of coal blocks as coal mining was largely restricted to PSUs and many geographic locations were seen as unsuitable for profitable mining. The guidelines were periodically revised through 1993, 1998 and 2003.
WhatsApp: +86 18838072829The coal blocks allocation cases are among the CBI's longest running probes, with the agency last registering a fresh FIR in the case in January 2020. It has since 2012 filed multiple chargesheets and even closed many cases for lack of evidence or culpability. Written by Deeptiman Tiwary New Delhi | Updated: October 19, 2020 12:38 IST Follow Us
WhatsApp: +86 18838072829Gupta has been embroiled in one of the most highprofile corruption scandals of the past two decades, the coal allocation "scam" or " Coalgate " as it is popularly known. It is centred on ...
WhatsApp: +86 18838072829The move is aimed at reviving the auction process, which has remained in limbo with only 31 coal blocks having been auctioned since 2014. ... Coal Mines (Special Provisions) Act, 2015 enabled allocation of coal mines through transparent auctions; ... Click the link below to see the details about the UPSC Civils courses offered by Triumph IAS ...
WhatsApp: +86 18838072829Most of it is imported from Indonesia, South Africa, Russia and Australia. Thus, the imports are mainly to compensate the lack of good quality coal, especially coking coal. Plus, there is a gap between demand and domestic production capacity. In FY19, the country produced around 730 mt of coal, while the consumption was close to 965970 mt.
WhatsApp: +86 18838072829A conscious effort has been made to ensure that a clean system can been adopted to allocate coal blocks. As part of this process, on March 25, the Coal Ministry said that it proposes to adopt a ...
WhatsApp: +86 18838072829This will bring in predictability in the process and help bidders to plan and eliminate the need of bidding aggressively. It will open the coal economy to its full potentialdespite India having the world's 4th largest coal reserves, it has imported million tonnes (mt) of coal in 201920. This can save 1520 billion in annual foreign ...
WhatsApp: +86 18838072829Mineral Laws (Amendment) Act, 2020 It Amends the Coal Mines (Special Provisions) Act, 2015 [CMSP Act] Mines and Minerals (Development and Regulation) Act, 1957 [MMDR Act]. Provisions Allocation of coal blocks for composite prospecting licensecummining lease It will help in increasing of the inventory of coal, lignite blocks for allocation.
WhatsApp: +86 18838072829What the coal blocks cases are about? In the early 1990s, the government decided to allocate to private companies coal blocks and a list of companies was prepared. In March 2012, a leaked draft report of the Comptroller and Auditor General (CAG) revealed irregularities in the allocation and pegged the loss to the exchequer at Rs lakh crore.
WhatsApp: +86 18838072829Advertisement. The CAG in its final report earlier this week said private firms are likely to rake in Rs lakh crore from allocation of 57 coal blocks without competitive bidding between 2005 and 2009. Coal minister Sriprakash Jaiswal in his statements to the press purported gains accruing to the companies was unviable: We do not agree with ...
WhatsApp: +86 18838072829The notification empowers the Government to enter upon and survey any land in the locality, dig or bore into the sub soil and do all other acts necessary to prospect for coal in the land. [Section 4] In case of any damage done to the land in pursuance of the above activities, appropriate compensation shall be paid.
WhatsApp: +86 18838072829Coal Production and dispatch . the year 2022 (up to November, 22), all India Coal production (CIL, SCCL Captive mines) is MT (Provisional) and Coal off take is MT (Provisional).Coal dispatch to Power Sector is MT (Provisional). the year 2022 (up to November, 22), EAuction by CIL and SCCL is MT.; Production Growth:
WhatsApp: +86 18838072829Coal sector in India: Despite having the world's fourth largest coal reserves, India imported 235 million tonnes (mt) of coal last year, of which 135mt valued at,000 crore could have been met from domestic reserves.; India's staterun coal giant has been unable to meet growing demand despite abundant resources.; The South Asian nation depends on Coal India for more than 80 per cent ...
WhatsApp: +86 18838072829Ajay Shan and Subho Roy have this food for thought post on the recent licening of payments banks in India. Interestingly, they think bank licencing process is quite similar to the questionable coal block allocation process. This blog had also raised concerns Obviously given the hype around Indian central bank, this post is likely to be.
WhatsApp: +86 18838072829Under the draft policy, setting up FMC would be made part of the mine allocation process. So, more such projects are set to come up. The coal ministry has taken up additional 19 FMC projects for Coal India and Singareni Collieries with a capacity of 330 million tonne per annum (MTPA). These projects will be implemented by FY27. Crack Prelims 2023!
WhatsApp: +86 18838072829Introduction: The Centre launched the auction of 41 coal blocks for commercial mining, with the Prime Minister formally giving the green signal and expressed optimism that it will help in reducing dependency on imports. The move is aimed at reviving the auction process, which has remained in limbo with only 31 coal blocks having . Continue reading "RSTV: THE BIG PICTURE INDIA'S COAL ...
WhatsApp: +86 18838072829April 30, 2023 by Sheshan Pradhan India is the world's secondlargest coal producer and consumer, making coal a critical resource for the country's energy needs. The distribution of coal in India is an important topic as it has significant implications for energy security, economic development, and environmental sustainability.
WhatsApp: +86 18838072829coal allocation scam. Another scam in a history of Indian. Coal mining controversy is major fraud in 2012, which involved Rs 1,86,000 Cr loss to exchequer . This is serious allegation against Prime Minister of India Dr Manmohan Singh who is in a serious scrutiny of the CAG which leads to protest against the leading political party NCP and Prime ...
WhatsApp: +86 18838072829History of Coal Mining in India. India has a long history of commercial coal mining covering nearly 220 years starting from 1774 by M/s Sumner and Heatly of East India Company in the Raniganj Coalfield along the Western bank of river Damodar.; However, for about a century the growth of Indian coal mining remained sluggish for want of demand but the introduction of steam locomotives in 1853 ...
WhatsApp: +86 18838072829Allocation of coal blocks for composite prospecting licensecummining lease; ... Simplified the process of the mining plan approval process from 90 days to 30 days. ... revolutionised and simplified the way aspirants prepare for UPSC Civil Services Exam. Today it's India's top website and an institution when it comes to imparting quality ...
WhatsApp: +86 18838072829Announced Reforms In Coal Sector. Commercial mining of coal allowed, with 50 blocks to be offered to the private sector. Entry norms will be liberalised as it has done away with the regulation requiring power plants to use "washed" coal. Coal blocks to be offered to private companies on revenue sharing basis in place of fixed cost.
WhatsApp: +86 18838072829Ministry of Power (MoP) in 2017 cleared the Coal Linkage Policy known as SHAKTI (Scheme to Harness and Allocate Koyla Transparently in India). The Policy provides coal linkages to power plants which lack fuel supply agreements (FSAs) through coal auctions. The aim of the Shakti scheme is to ensure the availability of coal to all the Thermal ...
WhatsApp: +86 18838072829Reduction in Coal logistics costs is planned to be attained through measures that improve efficiency in transportation, cost optimization. technological upgradation etc. The strategy will involve: a. ROW (Rights of Way) of rail and roads and firstmile evacuation are planned as part of the mine allocation process.
WhatsApp: +86 18838072829To increase coal production, the focus of the Government is on accelerating domestic production of coal through the allocation of more coal blocks, pursuing with the State Government for assistance in land acquisition, and coordinated efforts with Railways for the movement of coal.
WhatsApp: +86 18838072829