CoalMin seeks LawMin advice on deallocated blocks of PSUs
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CoalMin seeks LawMin advice on deallocated blocks of PSUs

Last Updated: Friday, December 7, 2012, 14:08
 
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CoalMin seeks LawMin advice on deallocated blocks of PSUs
New Delhi: The Coal Ministry has approached the Law Ministry, seeking its advice on giving back five deallocated coal blocks of PSUs, including three of NTPC.

"The Coal Ministry has sent the file to the Law Ministry a couple of days back and sought its advice on giving back of the deallocated blocks to firms like NTPC," a government official said.

The Coal Ministry had said last month that it will take a call on giving back five de-allocated coal blocks to PSUs, including NTPC, after consultations with the Law Ministry.

While three had been allocated to NTPC, one each had been given to Damodar Valley Corporation and Jharkhand government respectively, Coal Secretary S K Srivastava had said.

Power Minister Jyotiraditya Scindia had last month asked Coal Minister Sriprakash Jaiswal to reconsider the decision on deallocation of four blocks, including three alloted to NTPC.

Asked under what provision the deallocated blocks could be given back, Srivastava had said, "It is not the provision.

"The point was that before these rules (amended rules for auction of coal blocks) were notified, the in-principle decision was taken that these blocks will be given back to NTPC on the basis of certain assurance that they give with regard to exploration".

He had said, "It is that provision under which we will give it (blocks) back. This was the decision which was taken by the review committee before the rules were notified."

The Coal Ministry had last year deallocated coal mines--Chatti-Bariatu, Kerandari and Chatti-Bariatu (S) in Jharkhand--of NTPC for not developing them within the stipulated time frame.

The three mines allotted to NTPC have an annual production capacity of 13 million tonnes.

PTI



First Published: Friday, December 7, 2012, 14:08


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