CAG report on coal blocks to be tabled in Parliament today

Last Updated: Thursday, August 16, 2012 - 09:32

Zeebiz Bureau

New Delhi: The Comptroller and Auditor General’s (CAG) reports on allocation of coal blocks without bidding and the Delhi airport concession given to GMR will be tabled in Parliament on Thursday.

The leaked draft CAG reports had rocked Parliament during the previous Budget session and were used by Team Anna to attack the Government.

The CAG report on allocation of coal blocks between 2004 and 2009 without auction has reportedly pegged the value of "undue benefits" that the government extended to private firms at more than Rs 1.8 lakh crore.

According to CAG, major beneficiaries included Tata Group entities, Jindal Steel & Power, Anil Agarwal Group firms, Essar Group's power ventures, Adani Group, Arcelor Mittal and Lanco.

The CAG report on public-private partnership for the Indira Gandhi International Airport had reportedly said that Delhi International Airport (DIAL), which runs the utility, has a potential to earn Rs 1,63,557 crore over a 60-year period from the land given to it on a lease rent of Rs 100 per annum, hurting the interest of the government.

Besides, an another report on Ultra Mega Power Projects through Special Purpose Vehicle route – will also be tabled.

With PTI Inputs

First Published: Thursday, August 16, 2012 - 08:59

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