WEBJan 16, 2014 · 16 months of arguments later, SC holds back coal blocks alloion verdict (PTI) A threejudge bench headed by Justice R M Lodha, which had agreed to look into the alleged irregularities in coal block alloion on September 14, 2012, wrapped up the proceedings which witnessed the Centre itself putting in motion the process of de .
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WEBMay 17, 2022 · A list of 143 coal blocks was prepared initially and inflated to 216 later. At that time, there were no concrete guidelines for alloion of coal blocks as coal mining was largely restricted to PSUs and many geographic loions were seen as unsuitable for profitable mining. The guidelines were periodically revised through 1993, 1998 and 2003.
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WEBJun 18, 2020 · The Coal Ministry in association with FICCI launched the process for auction of these coal mines. A two stage electronic auction process is being adopted for alloion of the coal mines. Speaking on the occasion, Shri Narendra Modi said that India will overcome the COVID 19 Pandemic and the nation will turn this crisis into an .
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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. ... Coal Block Information; Vacancy; Tender; Energy Cell; Public Information. ... Alloion TrancheWise; Compensation Orders; Termination Order; Scrutiny ...
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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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WEBAug 18, 2013 · June 2012: The Central Vigilance Commission asks CBI to inquire into the coal block alloion process between 200609. CBI files Preliminary Enquiry . September 2012: Expanding the scope of the investigation,the CBI widens probe into alleged irregularities in alloion of coal blocks between 1993 and 2004.
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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.
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WEBJul 12, 2022 · Corruption had deepened its roots in this area for decades, the government led by Shri Narendra Modi has uprooted corruption in this area. Between 2015 and 2020, 10 auction chains were conducted, 35 coal blocks were successfully auctioned. A total of 85 blocks were allotted with a production capacity of 440 million tonnes.
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WEBMay 23, 2017 · Jindal is also facing trial in a case pertaining to the alloion of Amarkonda Murgadangal coal block in Jharkhand. This is published unedited from the IANS feed. Also Read:
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WEBThis is the 14th conviction in the coal alloion scam. | Latest News India. ... has been sentenced to three years of rigorous imprisonment and fined ₹5 lakh in a coal block alloion case ...
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WEBNov 3, 2015 · In a March 2012 draft report, the CAG accused Government of India of alloing coal blocks in inefficient manner during period. The basic argument of CBI was that the government chose to NOT to alloe the coal blocks by process of competitive bidding. Coal blocks were given free resulting in the blockowners making .
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WEBSep 24, 2013 · The Comptroller and Auditor General said in a report that alloion of coal blocks between 2004 and 2009 without auction resulted in "undue benefits" worth Rs lakh crore to private entities.
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WEBJan 19, 2018 · The panel will also suggest changes in the future coal block bid process in its report to be submitted within a month. Benchmarks . Nifty 22, Precious Metal . ... coal blocks Piyush Goyal Union Bank of India coal blocks alloion SBI (Catch all the Business News, Breaking News Budget 2024 News, Budget 2024 Live .
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WEBNov 9, 2023 · New Delhi: The coal ministry on Wednesday clarified that postcancellation of 204 blocks in the year 2014, the mines are being put on auction via a "transparent" mechanism. The clarifiion comes a day after Congress alleged that the Narendra Modi government reversed the longstanding policy of competitive auction for coal block .
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WEBNov 21, 2013 · Coal alloion scam or Coalgate, is a political scandal concerning the illegal alloion 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 .
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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. ... Public Notice Seeking Comments on Draft Coal Blocks Alloion Rules Proposed to be Notified under the Mines and Minerals (Development and Regulation) .
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WEBApr 30, 2013 · The document summarizes the "Coal Alloion Scam" or "Coalgate" political scandal in India concerning the alloion of coal deposits to public and private companies from . ... • there was no legal impediment to introduction of transparent and objective process of competitive bidding for alloion of coal blocks .
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WEBMar 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.
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WEBAuction/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 .
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WEBCoal is one of the most widely used Nonrenewable natural resources. In India, its inefficient alloion raised serious questions. The political stir surrounding the coal scam underlined the problems of inefficient system of alloion of coal blocks. The process of assigning mineral rights by awarding coal blocks on case to case basis through ...
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WEBOct 7, 2020 · The court also held CTL, Agarwalla and CML guilty for the offence under IPC Section 379 (theft) and 34 (common intention). As per CBI's case, a criminal conspiracy was hatched by private parties and public servants involved in the process of alloion of Brahmadiha coal block, which was "not an identified captive coal block to be alloed .
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WEBUnion of India Section Section 6 in Coal Blocks Alloion Rules, 2017 6. Allotment. In respect of coal blocks, for which the Central Government has specified allotment to Government company or corporation under subclause (ii) of clause (b) of subrule (1) of rule 3, the Central Government shall prepare a document for the allotment process, that .
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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 .
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WEBFollowing the Supreme Court judgement of 2014 cancelling the alloion of more than 200 captive coal blocks, the government quickly brought in legislation and began the process of their realloion.
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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 .
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WEBUnion of India Section Section 3 in Coal Blocks Alloion Rules, 2017 3. Alloion process. In connection with the alloion of coal blocks the Central Government shall identify the coal blocks for alloion as per the standard technical parameters; specify the manner of alloion through (i) auction; or (ii) allotment to Government Company or .
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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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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. ... Revised Schedule of Bidding Process Category KB (30/05/2024) Revised Schedule of Bidding Process ... Coal Block Auction. Coal Block .
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WEBThe Coal Mines (Special Provisions) Act, 2015 is a legislative measure that is focused on the alloion of coal mines. The Act entails the transfer of the rights, ownership, and infrastructure associated with these mines, including mining leases, to successful bidders. The primary objective is to maintain uninterrupted coal mining activities ...
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WEB1. Directions of the Central Government for auction of coal mines under the CM (SP) Act, 2015. Downloads. File size : KB. File type: PDF. . 2. Minutes of 4th meeting held on under chairmanship of Additional Secretary (Coal) to identify additional coal / lignite blocks for alloion under rule 3 (2) of the Coal Blocks ...
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WEBSep 21, 2020 · The Coal Block Alloion Rules, 2017 were also enacted to pave the way for competitive bidding of coal blocks. As recently as June 2020, the Central government initiated auction of 41 coal blocks leading to an investment potential of Rs. 33,000 crore of capital investments over the coming years apart from allowing hundred percent foreign ...
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WEBAug 26, 2014 · India News: The Supreme Court on Monday declared all coal block alloions since July 1993 as illegal in a decision that casts a shadow over investments worth th
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WEBMar 10, 2015 · The notifiion empowers the Government to enter upon and survey any land in the locality, dig or bore into the sub soil and do all other acts necessary to prospect for coal in the land. [Section 4] In case of any damage done to the land in pursuance of the above activities, appropriate compensation shall be paid.
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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
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