WEBMay 15, 2024 · This is the official website of Coal Ministry, Government of India. You can find information related Tenders, Notices, latest updates pertaining to Ministry of Coal, Government of India. ... Alloion TrancheWise; Compensation Orders; Termination Order; Scrutiny Committee; ... Revised Schedule of Bidding Process Category .
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WEBApr 14, 2014 · At the same time, the Congress spokesman recalled that the Prime Minister had indied that the CBI lodging the FIR against Parakh in the coal block alloion was not proper. On the issue of alloion, Surjewala claimed that the Prime Minister needed to be given credit for streamlining the process and making it transparent.
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WEBSep 23, 2014 · The Coalgate Scam was unearthed by the CAG report on alloions of coal blocks. CAG report alleged that a loss of Rs. lakh crore was caused to the exchequer because of a nontransparent and discretionary alloion process. The beneficiaries of the scam are private players who have made windfall gains and have .
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WEBThe Coal alloion scam is a major political scandal concerning the Indian government's alloion of the nation's coal deposits to public sector enterprise (PSEs) and private companies. In a draft report...
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WEBThe Indian coal alloion scam is more like the great 2G scam. A senior Minister formulating or following a policy that resulted in three unfortunate and unwarranted impliions: a massive loss to the exchequer; a windfall gain to private entities; and the plundering of a national resource. ... and without following any competitive process ...
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WEBOct 7, 2020 · The court also held CTL, Agarwalla and CML guilty for the offence under IPC Section 379 (theft) and 34 (common intention). As per CBI's case, a criminal conspiracy was hatched by private parties and public servants involved in the process of alloion of Brahmadiha coal block, which was "not an identified captive coal block to be alloed .
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WEBJun 17, 2019 · Alloion process was arbitrary, discretionary and nontransparent. There was no consideration of Merit, no Price discovery mechanism for national resources. Till now, the PSU, Coal India was the only commercial miner in the country for more than four decades which has shown monopolistic tendencies in the sector. Monopoly in mining .
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WEBFeb 10, 2023 · The government of India in the coal block case was questioned for going beyond their powers as given by the statutes which govern the coal and natural resources mining in India. The government wrongly took initiative of alloion of coal blocks without any auction. ... The whole process of alloion of coal blocks has been a huge .
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WEBMar 7, 2015 · Coal mining in India has primarily been driven by the need for energy domestically. About 55% of the current commercial energy use is met by coal. The power sector is the major consumer of coal, using about 80% of domestically produced coal. ... CAG recommended that the alloion process should be made more transparent and .
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WEBNational Coal Index. Commercial Mining of Coal Blocks has been approved by the Cabinet Committee of Economic Affairs. In the auction process, the National Coal Index (NCI) and Representative Prices (RP) would play very important role. The concept and design of the Index as well as the Representative Prices have been developed by the Indian ...
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WEBMar 6, 2024 · Coal plays a pivotal role in India's energy system, accounting for nearly 70% of the total electric generation. It is also a critical input in various industries such as steel, sponge iron, cement, and paper. ... with an alloion of ₹ 8500 crores for incentives towards coal gasifiion projects. The scheme aims to demonstrate the financial ...
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WEBIn comparison Coal India produced 462 million tons of coal. Some Indian companies and also CIL have acquired coalmines overseas to ensure continuous supply. Procedure established till now in Coal Mining . ... Alloion process was arbitrary, discretionary and nontransparent.
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WEBThe Coalgate scandal, which exposed all of the governing government's wrongdoings, was a black stain on the UPA's time in India from 2004 to 2014. The swindle included a controversy in the alloion of coal blocks to rival enterprises, which lacked the necessary auction mechanism in which the highest bidder might obtain the block.
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WEBJun 18, 2020 · The Indian Coal Ministry in association with the Federation of Indian Chambers of Commerce and Industry (FICCI) launched a twostage electronic auction process for the alloion of the coal mines. Liberalisation of the coal industry . India's coal mines have registered a jump in output in the last six years, and the auction will .
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WEBJul 28, 2016 · Chowdary said the tampered processes led to "ineligible people getting the alloion and the more eligible people missing the opportunity".
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WEBJul 27, 2016 · NEW DELHI: The alloion process of coal blocks and 2G spectrum was "tampered with" leading to ineligible people becoming beneficiaries and this has been "universally accepted", Central Vigilance Commissioner K V Chowdary said today on the alleged scams under the UPA. "If we look at two most controversial matters of recent .
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WEBMay 30, 2012 · He said the government was not aware of any CAG report on alloion of coal blocks and the allegations by the Team Anna about losses of Rs lakh crore were "unfounded" and "baseless." The alloions between 1993 and 2009 were made in a transparent manner in consultations with the state governments and helped in the .
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WEBOct 25, 2014 · Indian coal is classified in 2 egories coking coal and noncoking coal. This is a usage based classifiion, as coking coal is essential for Iron and steel industry. ... Alloion process was arbitrary, discretionary and nontransparent. There was no consideration of Merit, no Price discovery mechanism for national resources (Auction ...
WhatsApp: +86 18203695377![[Updated] Coal Sector in India](/kd8ezfh/319.jpg)
WEBJul 14, 2020 · The coal reserves in India are some of the largest in the world (5th biggest reserve). Most of the coal deposits in India is of the bituminous type. These are mostly noncoking coal. This is the reason for our import dependence in the sector. Most of the coal deposits in India is of the Gondwana type (about 99%).
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WEBJan 5, 2022 · Paper mills in India are losing ground to coal alloion by Coal India. There is a shortage of suitable railway rakes for transporting coal from mines to paper mills. ... (CPPs) for sustained supply of power and steam for the process requirements. Captive power plants reduce the generation and distribution load on the country's entire power ...
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WEBSep 4, 2013 · In the month of May, the Coal Ministry replied to the CBI request that the files sought were missing from the archives. It is reported that around 157 appliions were submitted requesting for ...
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WEBThe Government approved the fading away of the existing Letter of Assurance (LoA) Fuel Supply Agreement (FSA) regime and introduced Scheme for Harnessing and Alloing Koyala (Coal) Transparently in India (SHAKTI), 2017, which was issued by the Ministry of Coal on 22 May 2017. The Government also approved amendments to the SHAKTI .
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WEBAug 22, 2016 · As secretary of coal to the government of India over 200608, a period when several of the questioned alloions took place, he was directly implied in the scandal.
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WEBUnion of India Section Section 3 in Coal Blocks Alloion Rules, 2017 3. Alloion process. In connection with the alloion of coal blocks the Central Government shall identify the coal blocks for alloion as per the standard technical parameters; specify the manner of alloion through (i) auction; or (ii) allotment to Government Company or .
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WEBMar 11, 2015 · The coal gate scam is the alloion of coal blocks to corporates of public centre entities (PSE) and companies and the private sector during the UPA rule under Prime Minister Manmohan Singh's mandate. The government alloes coal blocks through a process of competitive bidding.
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WEBMar 7, 2014 · Coal scam. The document summarizes the key details of the Indian coal alloion scam that was uncovered in 2012. It discusses that the CAG accused the government of alloing coal blocks between without a transparent and competitive bidding process, resulting in estimated losses of Rs. lakh crore.
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WEBPaper mills in India are losing ground to coal alloion by Coal India. There is a shortage of suitable railway rakes for transporting coal from mines to paper mills. ... (CPPs) for sustained supply of power and steam for the process requirements. Captive power plants reduce the generation and distribution load on the country's entire power ...
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WEBMar 28, 2018 · ED attaches assets worth Rs 603 crore belonging to Vandana Vidyut Ltd. The move by agency was in connection with a coal block alloion case. ED alleged that directors of the firm destroyed forged sale documents. In a crucial development, the Enforcement Directorate today attached assets including factory building, plant and .
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