WEBUnion of India Section Section 5 in Coal Blocks Alloion Rules, 2017 5. Auction. In respect of coal blocks, for which the Central Government has specified auction under clause (b) of subrule (1) of rule 3, the Central Government shall prepare a document for the auction process, that is, the tender document.
WhatsApp: +86 18203695377
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 .
WhatsApp: +86 18203695377
WEBAug 20, 2012 · It is true that the process adopted post2004 was better than the practices followed during 1993 and 2004, when 60 blocks were doled out without any nonperformance clause or earnest money.
WhatsApp: +86 18203695377
WEBUnion of India Section Section 9 in Coal Blocks Alloion Rules, 2017 9. Reauction and reallotment. On cancellation of auction process or allotment process pursuant to rule 5, rule 6 or rule 7, as the case may be, on account of any reason whatsoever, the Central Government shall have the power to initiate fresh process of auction or allotment of
WhatsApp: +86 18203695377
WEBNow, the sector has been opened up for commercial coal mining by private players in 2020 and first ever successful auction of commercial mining was launched by the Hon'ble Prime Minister on and concluded with alloion of 19 coal mines. Commercial coal block auctions are conducted in a twostage online bidding process, which ...
WhatsApp: +86 18203695377
WEBFeb 10, 2023 · The whole process of alloion of coal blocks has been a huge example of arbitrary action from the governments' side. Arbitrariness is defined as the practice of decision taking without any reasonability and exclusively on personal pleasure. The doctrine of arbitrariness as stated under Article 14 of the Constitution of India has been ...
WhatsApp: +86 18203695377
WEBNov 10, 2014 · Coal block alloion: chronology of events; July 14, 1992. A number of coal blocks, which were not in the production plan of Coal India Ltd and the Singareni Collieries Company Limited (SCCL ...
WhatsApp: +86 18203695377
WEBMay 18, 2022 · Coal block scam, CAG report on coal alloion, Supreme Court seeking report on coal cases, Alloion of coal blocks ... 2015 bill The 2015 Bill provides details for the auction process, compensation for the prior allottees, the process for transfer of mines and details of authorities that would conduct the auction. In December 2014, the ...
WhatsApp: +86 18203695377
WEBAlloion process. (1) In connection with the alloion of coal blocks the Central Government shall (a) identify the coal blocks for alloion as per the standard technical parameters; ... The process of auction of coal blocks shall be conducted through electronic auction, in accordance with the Act, these rules, the tender document and ...
WhatsApp: +86 18203695377
WEBDec 28, 2022 · COAL BLOCK ALLOCATION. Mines and Minerals (Development and Regulation) Act, 1957 . ... Commercial coal block auctions are conducted in a twostage online bidding process, which involves technical screening and submission of competitive initial price offer in the first stage, and a second and final stage where better price offers .
WhatsApp: +86 18203695377
WEBThe coal alloion scam, dubbed in the media as Coalgate, 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 issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of India .
WhatsApp: +86 18203695377
WEBApr 16, 2013 · The coal alloion scam involved the inefficient alloion of India's coal deposits to public and private companies by the government between . Around 194 coal blocks were alloed without an open auction process, resulting in potential losses of over 33 billion to the Indian exchequer.
WhatsApp: +86 18203695377
WEBArbitrariness: Until 1993, there were no specific criteria for alloion of coal blocks. In 1993, a new process was started in which alloions were made on the recommendation of an "interministerial screening committee", headed by the coal secretary.
WhatsApp: +86 18203695377
WEBAug 27, 2012 · Since 1993,alloion of captive coal blocks was being done on the basis of recommendations made by an interMinisterial Screening Committee which also had representatives of State governments. Taking into account the increasing number of applicants for coal block alloion,the Government,in 2003,evolved a consolidated set .
WhatsApp: +86 18203695377
WEBMar 11, 2015 · 1. 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. However, this procedure was not followed .
WhatsApp: +86 18203695377
WEBAug 25, 2014 · The Supreme Court on Monday declared alloion of all the 218 coal blocks made since 1993 as "illegal and arbitrary" while also holding that the central government had no power of alloion under the relevant laws. ... In what is bound to overhaul the entire process of mining of the mineral, which the court described as .
WhatsApp: +86 18203695377
WEBAug 16, 2018 · All the accused have denied the allegations levelled against them and said there was no evidence to show that there was any conspiracy during the coal block alloion process. The CBI has filed another charge sheet against Jindal and others, including Goel and Maroo, for allegedly cheating the government by misrepresenting .
WhatsApp: +86 18203695377
WEBNov 23, 2017 · The coal alloion scam involved the inefficient alloion of India's coal deposits to public and private companies by the government between . Around 194 coal blocks were alloed without an open auction process, resulting in potential losses of over 33 billion to the Indian exchequer.
WhatsApp: +86 18203695377
WEBAUCTION OF COAL MINES FOR SALE OF COAL. Notice regarding declaration of Technically Qualified Bidders17th TrancheSecond Attempt Notice regarding declaration of Technically Qualified Bidders18th Tranche Notice regarding declaration of Technically Qualified Bidders19th Tranche.
WhatsApp: +86 18203695377
WEBJun 4, 2022 · The Coal Ministry expects operationalisation of 58 coal blocks in 202223 and has set target of million ton coal production, an official statement said on Friday. "The Ministry of Coal has alloed coal blocks for captive end use and sale of coal/ commercial mining. million tonnes of coal has been produced in FY 202122 from .
WhatsApp: +86 18203695377
WEBJan 5, 2024 · The verdict by Special Judge Sanjay Bansal pertains to the alleged irregularities in the alloion of Marki MangliII, III, and IV coal blocks in Umred district of Maharashtra to the company.
WhatsApp: +86 18203695377
WEBSep 24, 2014 · In a bold judgement on Wednesday, the Supreme Court has cancelled 214 coal blocks that were allotted since bench spared only four blocks—one each allotted to the National Thermal Power Corporation (NTPC) and Steel Authority of India Limited (SAIL) and two alloed to Ultra Mega Power Projects (UMPPs), said Pranav .
WhatsApp: +86 18203695377
WEBFeb 15, 2015 · Gautam Adanipromoted Adani Power has joined the race for coal block realloion with all its might. Adani Power has made 11 bids for six of a total 19 blocks being auctioned under the second phase of the coal block alloion process. These blocks belong to ScheduleIII, abouttoproduce mines without any associated enduse .
WhatsApp: +86 18203695377
WEBMar 5, 2024 · These measures are designed to enhance efficiency, accountability, and sustainability in the alloion of coal resources, aligning with the government's vision of Aatmanirbhar Bharat and economic selfreliance. ... To meet coal demand and to realloe these coal blocks through fair and transparent process, the Coal Mines (Special .
WhatsApp: +86 18203695377
WEBAug 26, 2014 · The Supreme Court on Monday declared as "illegal and arbitrary" 218 coal block alloions between 1993 and 2009, ruling that the Central government of the day adopted a process which lacked ...
WhatsApp: +86 18203695377
WEBAug 25, 2014 · The Supreme Court on Monday pulled up the Centre on coal block alloions and declared all >218 alloions made from 1993 to 2011 illegal and arbitrary. A Bench of Chief Justice Lodha and ...
WhatsApp: +86 18203695377
WEBJul 6, 2020 · India imports around 240 million tonnes (mt) of coal a year valued at about ₹ lakh crore. The 41 mines opened for auction now can hit a peak production of 225 mt in 202526, saving foreign exchange. A High Powered Expert Committee (2017) recommended a shift from the alloion of coal blocks for own consumption to .
WhatsApp: +86 18203695377
WEBThe alloion is made to meet the coal requirement of the permitted end use project. The block may be allotted to an End User Company, JV or a Mining Company which has firm backto back tie up with specified End User Company (ies). ... Alloion / mining lease of the coal block may be cancelled, interalia, on the following grounds: (a ...
WhatsApp: +86 18203695377
A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
Copyright © 2023 GMC Co., Ltd. SiteMap
