 "Coal ministry de-allocates Radhikapur (west) block")
Moving ahead in its crackdown against frivolous coal block developers, the Ministry of Coal (MoC) has de-allocated the Radhikapur (west) block over inordinate delay in its development.
The de-allocation order by the ministry is on the basis of recommendation by the inter-ministerial group (IMG).
The Radhikapur (west) block was jointly allocated to Rungta Mines, OCL India and Ocean Ispat Ltd.
The block is among the 61 coal blocks whose developers were issued notices by the ministry on January 15, requiring them to submit explanation with requisite documents by February 5. IMG had reviewed the status of these 61 coal blocks allocated to private companies that had not come under production in the context of the statement submitted to the Supreme Court by the Attorney General.
IMG took into account the written comments of the Union ministry of environment & forests (MoEF) in connection with the status of environment and forest clearance and the Union ministry of power regarding status of end-use plant.
“After due deliberation and taking into account all material facts including your reply, IMG recommended de-allocation of the coal block allocated to your company,” A Sanjay Sahay, under-secretary, Ministry of Coal wrote to the three developers.
The Radhikapur (west) coal block, allocated in April 2006, is an explored block. Both environment clearance and Stage-I forest clearance for the block are yet to be obtained.
The de-allocation order by the ministry is on the basis of recommendation by the inter-ministerial group (IMG).
The Radhikapur (west) block was jointly allocated to Rungta Mines, OCL India and Ocean Ispat Ltd.
The block is among the 61 coal blocks whose developers were issued notices by the ministry on January 15, requiring them to submit explanation with requisite documents by February 5. IMG had reviewed the status of these 61 coal blocks allocated to private companies that had not come under production in the context of the statement submitted to the Supreme Court by the Attorney General.
IMG took into account the written comments of the Union ministry of environment & forests (MoEF) in connection with the status of environment and forest clearance and the Union ministry of power regarding status of end-use plant.
“After due deliberation and taking into account all material facts including your reply, IMG recommended de-allocation of the coal block allocated to your company,” A Sanjay Sahay, under-secretary, Ministry of Coal wrote to the three developers.
The Radhikapur (west) coal block, allocated in April 2006, is an explored block. Both environment clearance and Stage-I forest clearance for the block are yet to be obtained.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%