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 ...
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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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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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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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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 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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WEBThe process of competitive bidding was initiated way back in 200609, after correspondence amount various ministers for 2 years the later it was dropped though Development of legal Affairs and law secretory of the time stood against the decision. ... The CAG report is based on few aspect of the coal alloion. The Prime minister of .
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WEBMay 29, 2017 · The implementation of the new coal alloion policy "SHAKTI" or the 'scheme for harnessing and alloing koyla (coal) transparently in India' is a positive development for domestic ...
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WEBJul 8, 2020 · India has been a witness to several national level scams by the public officials. The Coalgate scam was one such scam where the UPA Government was accused of alloing coal blocks without the process of competitive bidding. ... The coal alloion process was a nontransparent process with a lack of competitive bidding to provide a .
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WEBNov 7, 2023 · The process is about to be rerun for another coal block in Madhya Pradesh for which Adani was the only bidder. These deposits of coal underlie swathes of forest that are the homelands of tribal indigenous peoples. The alloion of coal blocks to a single bidder was described by Shreegireesh Jalihal for the Reporters' Collective on 11 October ...
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WEBMar 1, 2018 · As of the financial year 201617, 34 of Coal India Limited's mining projects were delayed, mainly due to problems in getting forest clearances and land acquisition. ... What is the alloion ...
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WEBAug 25, 2014 · June 2012: Coal ministry forms an interministerial panel to review the process of alloion of blocks and to decide either on dealloions or forfeiture of bank guarantees. The government has ...
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WEBDec 29, 2023 · With coal production in India expected to nearly double in the next seven years, the Rail Sea Rail as an alternative mode of transportation, becomes crucial for efficient Coal evacuation to consumption centres in India, ensuring a seamless and uninterrupted power supply. 4. COAL BLOCK ALLOCATION.
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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.
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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 .
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WEBMay 16, 2022 · On the national level, India recorded its highest ever peak demand of gigawatts (GW) in April, even as several coalbased power stations were reeling under the severe shortage of coal. The Indian government said that with this record, India surpassed 2021's maximum demand of GW (July 7, 2021) and that the demand .
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WEBJun 23, 2020 · Coal Alloion: The full story. Coal mines in India are being opened for commercial mining for the very first time. While launching the auction process, the Prime Minister said coal mining will pave the way for development in the tribaldominated areas. But many experts believe that it will lead to natural calamities, displacement, and pollution.
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WEBCoal alloion scam (or Coalgate [1]) is a major political scandal concerning the Indian government's alloion of the nation's coal deposits to public sector entities (PSEs) and private companies. In a draft report issued in March 2014, the Comptroller and Auditor General of India (CAG) office accused the Government of India of alloing coal .
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WEBThe document examines the coal alloion process and blocks, and concludes that transparent rules and timely production from alloed blocks are needed to prevent such scams going forward. This document summarizes India's coal alloion scam that was uncovered in 2012.
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WEBOct 21, 2010 · To check Coal India IPO allotment status, follow the steps below: Click on the below allotment status check button. Select Company Name. Enter your PAN Number, Appliion Number or DP Client ID (Anyone). Click on Search. On securing the allotment, you will receive the credit of equivalent shares in your Demat account.
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WEBMar 28, 2023 · The coal alloion scam, commonly known as the "Coalgate scam," was a political scam that included the illegitimate alloion of the nation's coal to public sector entities (PSEs) and private sector companies that were not a part of Coal India Ltd. and Singareni Collieries Company Limited's (SCCL) production plans by the then Prime ...
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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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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. Read More. This is the official website of Coal Ministry, Government of India.
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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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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.
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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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WEBJul 6, 2020 · A High Powered Expert Committee (2017) recommended a shift from the alloion of coal blocks for own consumption to commercial mining. Commercial mining would help tap the locally available reserves. It would also increase the availability of coal in the Indian market at a cheaper price making India less dependent on imports. What is .
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WEBThis 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.
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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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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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WEB02/03/2022. Recommendations of Post Budget Webinar by Shri Vinod Kumar Tiwari, Additional Secretary, Ministry of Coal. Download Pdf File Size: 347 KB. 02/03/2022. 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.
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