-The Times of India Parliament's standing committee on Coal and Steel has indicted the government for "totally abusing its powers" in allotting coal mines between 1993 and 2010 through the "most non-transparent procedure" to "few fortunate ones for their own benefit". "The government cannot give largesse on its arbitrary discretion or its sweet will," the committee, under the chairmanship of Trinamool Congress MP Kalyan Banerjee, said in its latest report tabled in...
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All Coal Blocks awarded after 1993 illegal: Panel Task force on coal beneficiation to submit its report soon -Sanjay Dutta & Mohua Chatterjee
-The Times of India All Coal Blocks distributed between 1993 and 2008 were done in an unauthorized manner and allotment of all mines where production is yet to start should be cancelled, the Standing Committee on Coal and Steel has said in its latest report that is slated to be tabled in Parliament on Tuesday. The committee, headed by Trinamool Congress MP Kalyan Banerjee, has also recommended that all "personnel" who have...
More »Consumers face fresh power tariff hikes -Utpal Bhaskar and Aman Malik
-Live Mint Government rejects coal price pooling, moves closer to allowing projects assured fuel linkages by CIL to import coal The government rejected a proposal to pool coal prices and instead moved a step closer to allowing power projects that had been awarded through competitive bidding and assured fuel linkages by state-owned miner Coal India Ltd (CIL) to import the fuel and pass on the incremental costs as higher electricity tariffs. Price pooling...
More »Coal ministry to defend allocation policy in SC-Priyadarshi Siddhanta
-The Indian Express The coal ministry is likely to tell the Supreme Court that allocations made through the screening committee route were "unimpeachable and unquestionable". A day after the Supreme Court rapped the government saying all Coal Blocks allocated during 2006-09 can be summarily de-allocated if breach of procedures in the defined allocation process is established, coal ministry officials are sure they can defend the policy. They aim to include the comments of...
More »Coal Blocks allocation flawed: CBI to Supreme Court
-The Hindustan Times The Centre and the CBI faced off before the Supreme Court over the coal scam on Tuesday, with the investigating agency pointing out flaws in the coal block allocation process. To ensure there is no political interference, the court asked the investigating agency not to share its probe report with the government. This is the first time the Central Bureau of Investigation has pointed out irregularities in coal block...
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