Jan 31, 2013· The intent of the captive coal mining policy is to allocate a specific block to a specific need for the country Captive mining was used to supply the iron and steel production in 1976, then for power genration in 1993 and finally coal gasification and liquedfaction in 2007 End user companies (allocatee) can get blocks developed througu an .
should also be included in the list of captive blocks for allocation; In identifying captive coal blocks at ‘reasonable’ distance from existing mines and projects of CIL/SCCL, it should be considered that the distance should not be at a disadvantage to the captive coal block ,
Thus, the sharp fall in production from captive blocks has undermined the government’s claims of huge revenue gains to coal-bearing stat The rapid allocation of coal blocks (and the ambitious production targets given to CIL) was also expected to reduce India’s coal import burden, as stated by the Minister to Parliament in 2015
It was not that the government of the day did not recognise the anomaly involved In fact, as far back as 2004, the Ministry of Coal had declared the need to shift to a system of competitive bidding to decide on the allocation of captive coal blocks to private players
Captive coal blocks Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Tim Captive coal blocks Blogs, Comments and Archive News on Economictimes
What is a Captive coal block - The Q&A wiki I will rephrase the question by answering what is captive coal mining It is a policy used to develop coal resources in India A block is an area from which the .
Captive coal mining means that the coal mined could be used only in the said industry for which the allocation/auction of the block has been doneIt can't be used for any other purpo surplus coal would have to sold to Coal India at the noti.
zThe introduction of captive coal block auctions has been another decisive development for the coal industry in the recent past Since December 2014, five rounds of auctions have been announced with 30-odd blocks (of the 204 cancelled blocks) auctioned so far
NEW DELHI: The axe is likely to fall on about two dozen captive coal block allottees that feature in both the CAG list of companies making windfall gains and the list of entities that were issued show-cause notices by the coal ministry last year for sluggish progress on their respective projects
Coal Blocks Financial Model of Coal Blocks for Power Sector The CBV Spreadsheet for Calculating Per Unit Cost of Coal This section the CBV spreadsheet financial model used to calculate the levelized average cost of coal with intermittent components in case of captive mining as per the end use of coal for the life of mine (LoM)
Nov 03, 2015· The Standing Committee on Coal and Steel revealed in 2013 that despite the country being in an acute coal shortage, just 30 of the 195 captive coal blocks had begun mining Supreme Court Decision In October 2014, Supreme Court cancelled the allocation of 214 out of 218 coal blocks The judgement said that the screening committee has never been .
State-run power major NTPC Monday said it expects to start production at its six coal blocks by 2017, which will help it secure an additional 40 million tonne of captive coal Mumbai: State-run power major NTPC Monday said it expects to start production at its six coal blocks by 2017, which will .
Mar 12, 2018· Saturday is the last chance for companies owning 28 odd captive coal blocks to defend themselves before the inter-ministerial group (IMG), reviewing the mines, and prevent the blocks ,
Jan 14, 2013· This resulted in one set of stories on coal block allocation And then, we sort of segued into a larger set of stories which sought to argue that the rot in coal is not limited to just coal block allocation And then we segued yet again to explore the relationships between the captive block policy and india’s power plant boom, forests and land
You can find information related Tenders, Notices, latest updates pertaining to Ministry of Coal, Government of India , Home » Coal Statistics » Coal Mining Block coal statistics menu , Show cause notice in respect of Gare Palma IV/5 coal block allocated for captive mining for supply of coal to sponge iron plant at Raipur by M/s Monnet .
Re-auction coal blocks but save 46: Government to , They could also be told to enter into fresh power purchase agreements with utilities so that the power produced from these blocks are sold at sub-market prices, factoring in the benefit captive coal, attorney general Mukul Rohatgi told the bench headed by Chief Justice RM Lodha
Sep 02, 2014· Remote undeveloped blocks were allotted as captive mines: As per the policy, blocks to be allotted should be at reasonable distance from the blocks and projects of Coal India, this ended up in allocation of remote blocks as captive min These blocks were even lacking basic infrastructure facilities such as proper roads
Nov 16, 2018· In wake of the controversy generated by the CAG Report the Government of India GoI is looking to cancel likely up oh 58 captive coal block allocations for the failure by the allottees to meet repprt for starting coal production a list of captive coal blocks facing cancellation is attached
Dec 10, 2018· Retrieved 31 May The Comptroller and Auditor General of India CAG in its report on ‘Allocation of Coal Blocks and Augmentation of Coal Production’ dated 11 May CAG Report has alleged that captive coal blocks were allocated to private and state-run entities by the government in an irregular and arbitrary manner resulting in a loss of .
While eight captive coal blocks were allotted to NTPC between 2004 and 2007 through what is called the ‘government dispensation route,’ the state-run company is running way behind schedule in their development Although it blames “issues beyond its control”, such as lack of support from .
Apr 12, 2017· Allocation of coal blocks which results in captive mining can be made through an application which shall be made in 5 copies and accompanied with following documents: – 1 copy of the certificate of registrations of the company which is a conclusive proof that the company is a registered company under section -3 of the Companies Act 2013
From the analysis of status report of captive coal blocks and End use project linked with the blocks allocated from August 2004 to November 2008 the Committee observe that for 138 coal blocks allocated for captive mining for power iron and steel commercial purpose etc the normative date of production was kept more than 6 and 7 years i e
enterprises can participate in those auctions The highest bidder is given the coal block for his or his enterprise’s use This is/was the legal and correct way to allocate the coal blocks But in this scam the government allocated 194 coal blocks wrongly to private enterprises for their captive use but
PROBLEMS IN CAPTIVE COAL MINING - IDFC disadvantage to the captive coal block developer in terms of available infrastructure, Captive Coal Mining by Private Power More What is a Captive coal block - The Q&A wiki I will rephrase the question by answering what is captive coal mining It is a policy used to develop coal resources in
Supreme Court issues notice to Cancel all Captive coal blocks allotted to Private Compani IANS • November 20, 2012 • Supreme Court has issued notice to the central government and the CBI on a petition seeking the cancellation of all captive coal blocks allocated to private companies and a SIT probe into the alleged scam
Moreover, as the coal blocks were allocated to cag report on coal block allocation companies only for captive purposes for specified end-uses, it would not be appropriate to link the allocated blocks to the price of coal set by CIL
Mining at scale is a specialised activity, and as the failure of the captive coal block policy has shown (well before the Supreme Court rulings), simply handing out coal mining rights to end users .
Apr 23, 2013· MUMBAI: India Ratings & Research says that the government move to weed out non-serious allottees by de-allocating their captive coal blocks (CCBs) and/or through invoking bank guarantees (BGs) may .
Aug 05, 2019· captive coal block Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Tim captive coal block Blogs, Comments and Archive News on Economictimes
Mar 07, 2015· Earlier this week, Lok Sabha passed the Bill that provides for the allocation of coal mines that were cancelled by the Supreme Court last year In light of this development, this post looks at the issues surrounding coal block allocations and what the 2015 Bill seeks to achieve