IMC meet likely today; may finalise the PSUs to be alloted mines
Quotes

IMC meet likely today; may finalise the PSUs to be alloted mines

Last Updated: Friday, June 07, 2013, 08:56
 
 Comment 0
 
IMC meet likely today; may finalise the PSUs to be alloted mines
New Delhi: An inter-ministerial committee in a meeting likely on Friday may finalise the list of public sector firms that will be allotted 17 coal blocks.

"The inter-ministerial committee (IMC) is likely to meet tomorrow and may finalise the list of the PSUs, based on the comments of the state governments, to which the coal blocks have to be allocated," a government official said yesterday.

The committee, under the chairmanship of Coal Secretary S K Srivastava, consists of ministries, including Power, Law & Justice, Department of Economic Affairs and DIPP.

Put together, the coal blocks on offer have estimated reserves of 8.45 billion tonnes.

The Coal Ministry has received over 300 applications, including 235 from the power sector and 38 from mining firms, for the allocation of coal blocks to PSUs.

NTPC, Neyveli Lignite Corporation and MOIL are among the companies that have applied for the coal blocks.

In December, the Ministry had invited proposals from the PSUs for allotment of mines, mostly for captive power plants.

The Ministry has initiated the process of allocation under the amended provisions of the Mines and Mineral Development and Regulation Act (MMDRA).

The blocks on offer include Jilga-Barpali, Baisi, Banai, Bhalmunda, Kente and Kerwa in Chhattisgarh; Gowa, Pachwara South and Kalyanpur-Badalpara in Jharkhand; Mahajanwadi in Maharashtra; and Kundanali-Laburi, Sarapal-Nuapara, Tentuloi, Chandrabila and Brahamani in Odisha.

PTI



First Published: Friday, June 07, 2013, 08:56


Comments


comments powered by Disqus
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires
Top 10 billionaire cities- In Pics
Top 10 billionaire cities- In Pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved