WEBAug 28, 2014 · The SC follows up by asserting that "(i)t must be noted without an iota of hesitation that the process for alloion of coal blocks for captive use has rendered the role of the State government ...
WhatsApp: +86 18203695377WEBJan 21, 2015 · CBI has examined Aditya Birla group Chairman Kumar Mangalam Birla in connection with alleged irregularities in the alloion of TalabiraII coal block to his company Hindalco in 2005.
WhatsApp: +86 18203695377WEBArbitrariness: 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 18203695377WEBFeb 7, 2023 · The coal block alloion scam, also known as the "Coalgate" scam, involved the alloion of coal blocks to private companies without a transparent bidding process. The alloion was done at below market prices, leading to huge losses for the government. The scam was uncovered in 2012 and led to the resignation of several high .
WhatsApp: +86 18203695377WEBMar 10, 2015 · The entire process of alloion and allotment will be regulated by a 'nominated authority' appointed by the central government. Once the allotment is completed, following rights and licenses will vest in the allottee: ... As has been stated above, the alloion of a coal block by the Central Government confers the power on .
WhatsApp: +86 18203695377WEBSep 30, 2015 · The auction had become sole mode of coal and lignite mines alloion after 2012, however, it was not applicable to alloion of mines for other minerals. While the Central Government will continue to conduct auction for coal and lignite mine blocks, the auction for all other mineral mine blocks will be conducted by the State Governments.
WhatsApp: +86 18203695377WEBAug 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 18203695377WEBMar 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 18203695377WEBAuction/Allotment. Coal mining in India has been metamorphosed as far as the policy framework is concerned. From an earlier restrictive model, we have moved on to granting coal mining blocks pursuant to a competitive bidding process, and from prescribing specific enduse to permitting commercial sale of coal. The auctionbased regime .
WhatsApp: +86 18203695377WEBCoal blocks alloion arbitrary, says parliamentary panel Wants probe into screening committees' decisionmaking process April 23, 2013 03:18 pm | Updated November 17, 2021 04:37 am IST New Delhi
WhatsApp: +86 18203695377WEBAug 25, 2014 · The Supreme Court on Monday declared all coal blocks alloions between 1993 and 2010 as illegal and said the process of alloion by the screening committee was illegal, unfair and suffered ...
WhatsApp: +86 18203695377WEBFeb 19, 2015 · The agency on Thursday filed its final probe report in a coal block alloion case allegedly involving former Coal Secretary P C Parakh, Hindalco and others before the special court
WhatsApp: +86 18203695377WEBMar 4, 2015 · The audit noted that while an interministerial screening committee decided on the alloion of coal blocks to endusers in the private sector, the "minutes of the steering committee did not indie how each one of the applicants for a particular coal block was evaluated", rendering the process nontransparent.
WhatsApp: +86 18203695377WEBMar 8, 2021 · Thus, the only Act governing mineral concessions including coal is MM(DR) Act, 1957, but there is huge disparity in the eligibility criteria for auction of noncoal blocks and coal blocks. Under the Coal Mines Special Provisions Act 2015 Subrule 5(e) of Rule 5 of the Coal blocks Alloion Rules, 2017, the capacity of the specified enduse ...
WhatsApp: +86 18203695377WEBSep 24, 2014 · While the 2012 verdict cancelled 122 telecom licences, the latest one had quashed alloions of 214 of 218 coal blocks. Both the judgements adjudied upon the process of alloion and not on the merit of the entities, granted the largesse. It has been ruled that the authorities exercised their power in an unfair, arbitrary and illegal manner.
WhatsApp: +86 18203695377WEBSep 24, 2014 · Coal blocks: SC rejects private miners' plea. In its 27page order cancelling the alloion of 214 coal blocks on Wednesday, a threejudge Bench headed by Chief Justice of India Lodha ...
WhatsApp: +86 18203695377WEBNov 23, 2012 · Coal gate. The document summarizes the key issues in India's coal alloion scam from . It describes how coal deposits were historically alloed by the government to public and private firms, and the process the Coal Ministry used to screen appliions and alloe blocks. The CAG draft report from 2012 alleged major .
WhatsApp: +86 18203695377WEBSep 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 18203695377WEBDec 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 18203695377WEBMar 7, 2014 · Coal scam. The document summarizes the key details of the Indian coal alloion scam that was uncovered in 2012. It discusses that the CAG accused the government of alloing coal blocks between without a transparent and competitive bidding process, resulting in estimated losses of Rs. lakh crore.
WhatsApp: +86 18203695377WEBNov 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 ...
WhatsApp: +86 18203695377WEBFeb 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 18203695377WEBNov 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 18203695377WEBJan 21, 2015 · CBI has examined Aditya Birla group Chairman Kumar Mangalam Birla in connection with alleged irregularities in the coal scam for the alloion of TalabiraII coal block to his company Hindalco ...
WhatsApp: +86 18203695377WEBSep 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 18203695377WEBAug 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 18203695377WEBJan 15, 2014 · At the outset, Vahanvati said dealloion process for the coal block alloion made between has been put on motion and the private parties to whom alloion has been made for 61 ...
WhatsApp: +86 18203695377WEBNew Delhi, Nov 7 (PTI) The Congress alleged on Tuesday that the Narendra Modi government reversed the longstanding policy of competitive auction for coal block alloion and gave away lucrative ...
WhatsApp: +86 18203695377WEBApr 25, 2024 · A judgment came in 2014, which canceled the alloion of 214 coal blocks, terming the process "arbitrary and illegal." This decision necessitated a shift towards a more transparent coal block ...
WhatsApp: +86 18203695377WEBAug 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 18203695377WEBJan 8, 2016 · Figure 1: Timeline of events relat ed to captive coal block alloion in India 2. Figure 2: Summary of cancelled coal blocks and proposed alloca tions 6. Figure 3: Enduse classifiion of coal ...
WhatsApp: +86 18203695377WEBNov 9, 2023 · The Centre has followed the spirit of the Supreme Court order on coal auctions. The coal sector was freed from distortions, vested interests and sectoral alloions and brought everyone to a level playing field for efficient, fair and fast alloion of coal blocks to achieve Atmanirbharata in coal production in the country.
WhatsApp: +86 18203695377WEBNov 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 18203695377WEBJul 18, 2022 · In light of the same, Public Interest Litigations were filed by Manohar Lal Sharma and Common Cause challenging the alloion of coal blocks from 1993 to 2010 as it was claimed to have inter alia breached the Mines and Minerals (Development and Regulation) Act, 1957 ("MMDR Act") and the Coal Mines (Nationalisation) Act, 1973 .
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