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English Release 17-April 2014
Date Month Year
  • Vice President's Secretariat
  • Vice President Addresses at Golden Jubilee and 48th Convocation of the Indian Institute of Foreign Trade
  • Min of Commerce & Industry
  • Commerce Secretary to Lead High-Level Delegation to India Show in Hong Kong
  • Min of Defence
  • Indian Air Force Placement Cell (IAFPC) and Monster India Collaborate to Foster Job Opportunities for Retired Air Warriors
  • Admiral RK Dhowan PVSM, AVSM, YSM
  • Admiral RK Dhowan Appointed the New CNS
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket increased to US$ 107.50 per bbl on 16.4.2014
  • Ministry of Railways
  • Commodity-Wise Freight Revenue Earnings During Fiscal 2013-14
  • Ministry of Water Resources
  • Storage of Important Reservoirs in the Country (As on 27 March 2014)

Previous Date

 
Ministry of Coal26-November, 2012 17:06 IST
Cancellation of Coal Blocks

The Government has de-allocated 15 coal blocks based on the recommendations of Review Committee which monitors the development of the coal block by the allocatee companies during the last two years i.e. 2010 & 2011 on account of lack of progress in the development of the block. In addition to above 3 blocks have been surrendered by the companies due to geo-mining difficulties and other reasons.

The responsibility of developing the coal block as per the prescribed guidelines and milestone chart attached with the allocation letter rests entirely with the allocatee company. Further, the allocatees have to submit Bank Guarantee which remains valid at all the times till the production from the coal block reaches its peak rated capacity. The Coal Controller’s office monitors on regular basis the achievement of different milestones. Government periodically monitors and reviews the development of allocated blocks as well as end use plants by the allocatee companies in the Review Meetings. Further, an Inter-Ministerial Group (IMG) under the Chairmanship of Additional Secretary (Coal) with representatives from the Ministries of Power, Steel, Law & Justice and Departments of Economic Affairs and Industrial Policy and Promotion has been constituted on 21.06.2012 which inter-alia would undertake periodic review and monitor the progress of allocated coal/lignite blocks and make recommendations on action to be taken including de-allocation, if required. Based on the recommendation of the above Committee action as deemed fit is taken by the Government.

This information was given by the Minister of State in the Ministry of Coal, Shri Pratik Prakashbapu Patil in a written reply in Rajya sabha today.

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NCJ/SAMIR/RV
(Release ID :89443)

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