Allotment/ Vesting Orders have been issued for 77 coal mines. During the year 2018, 3 coal mines have been allotted to Coal India Ltd. These are Bijahan, East of Damogoria and Utkal A. The auction process of 18 Coal mines and allotment process of 8 coal mines have been initiated.
FOIS: Transporting needs of the Nation, through IT.. There has been a longstanding demand of Indian Railways for transparency in sharing of information to give the customers an uptodate businesslike environment. An idea originated in the year 1986 to take advantage of Information Technology to efficiently and effectively manage the processing ...
The Committee of Directors for IPO of the company at Its Meeting held at Kolkata, India on 30 October 2010 has approved the Basis of Allotment of equity shares to various successful applicants and Allotted the Equity Shares to various successful applicants. The Refund Orders will be dispatched to the address of the investors as registered with ...
Various Stages in Coal Handling. The various stages in coal handling are : 1. Coal Delivery. From the supply points, the coal may be delivered to the power station through rail, road, river or sea. Plants situated near the river or sea may make use of ships or boats.
CHAPTER II: AUCTION AND ALLOTMENT PROCESS 3. Allocation process.— (1) In connection with the allocation of coal blocks the Central Government shall (a) identify the coal blocks for allocation as per the standard technical parameters; (b) specify the manner of allocation through (i) auction; or
In the allotment process, applications were received in the case of six out of 15 coal mines, the coal ministry said in a release. On the basis of evaluation of applications received in the allotment process, six mines namely Durgapur II Taraimar/Durgapur II Sariya, Mandakini, Utkal C, Sugia Closed Mine and Tokisud North are under consideration ...
The Supreme Court on Monday pulled up the Centre on coal block allocations and declared all >218 allocations made from 1993 to 2011 illegal and arbitrary. A Bench of Chief Justice Lodha and ...
Further, the competitive bidding process for auction of coal and lignite blocks will not apply to mines considered for allotment to: (i) a government company or its joint venture for own consumption, sale or any other specified purpose; and (ii) a company that has been awarded a power project on the basis of a competitive bid for tariff ...
Allotment process . Retail Investors, defined as individual investors placing bids for shares valued at not more than Rs 2,00,000, will be allocated 10 percent of the Offer Shares if valid bids are received. The Stock Exchanges will determine the eligible quantity for the Retail Category based on the declared Floor Price by the Seller.
(a) identify the coal blocks for allocation as per the standard technical parameters; (b) specify the manner of allocation through (i) auction; or (ii) allotment to Government Company or corporation under clause (a) of the proviso to Section 11A of the Act; or (iii) allotment to a company or corporation under clause (b) of the proviso to
In the allotment process, applications were received in the case of six out of 15 coal mines, the coal ministry said in a release. On the basis of evaluation of applications received in the allotment process, six mines namely Durgapur II Taraimar/Durgapur II Sariya, Mandakini, Utkal C, Sugia Closed Mine and Tokisud North are under consideration for the allotment, the coal ministry said.
The Coal Mines (Special Provisions) Amendment Rules, 2015 published vide the Gazette of India dated March 18, 2015, inserted a new subrule SubRule 10 under Rule 11, after subrule 6 of the Coal Mines Rules 2014 to provide the Central Government the power to relax the provisions of Rule 11 for allotment of coal mines, in public interest ...
Welcome to the website of Ministry of Coal, Government of India. The Ministry of Coal has the overall responsibility of determining policies and strategies in respect of exploration and development of coal and lignite reserves, sanctioning of important projects of high value and for deciding all related issues.
The Managing Coal Mine Closure report was prepared using the Energy and Extractives Global Engagement budget for US250,000 / year for two years. The Energy Sector Management Assistance Program (ESMAP) is supporting the Global Platform for Just Transition with an initial focus on the Europe and Central Asia (ECA) region with US725,000 and a ...
Coal allocation scam or Coalgate, is a political scandal concerning the illegal allocation of the nation's coal deposits to public sector entities (PSEs) and private companies by Prime Minister Manmohan Singh. In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of allocating ...
On "appointments of MDO before allotment of block", the mandarins said the practice "takes cue" from the provision of the new coal law which allowed reinstating old MDO contracts.
The ministry had started allotment process for 15 coal mines for various specified enduse such as in power and iron steel sectors. In the allotment process, applications were received in the ...
In surface mining, the ground covering the coal seam (the overburden) is first removed to expose the coal seam for extraction. The elements of a surface mining operation are (1) topsoil removal and storage for later use, (2) drilling and blasting the strata overlying the coal seam, (3) loading and transporting this fragmented overburden material (called spoil), (4) drilling and blasting the ...
Coal India (CIL), India's largest coal producing company, has raised Rs 15,200 crore through its IPO at the issue price of Rs 245 a share, at higher end of the price band of Rs 225—245 ...
In the coal allotment process held in March, Karnataka Power Corporation Limited (KPCL) was allotted a cluster of mines — Baranj I to IV, Kiloni Manora Deep in Maharashtra — while Punjab State Power Corporation (PSPC) got the Pachhwara Central mine in Jharkhand. These mines were allotted for power plants.
"The country needed to expand power production when the discretionary allotment process began in the 1990s. The country needed more coal and earning revenue from it was not a goal. ... "It is noted that there appears to be a gap in understanding the transparent process adopted by Ministry of Coal for auction of coal mines," the Ministry ...
coal blocks and the milestones achieved, and the IMG is reviewing the allotment of coal blocks that were made. Need for coal mining by the private sector: The Committee recommended that the Ministry work on making the captive coal regime (mining by the private sector) an effective instrument of increased production of coal.
Coal allocation laws has been changed a lot recently. How coal is allocated, how private players can participate, if they can sell coal in open market ... The entire process of allocation and allotment will be regulated by a 'nominated authority' appointed by the central government. Once the allotment is completed, following rights and ...
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