CoalMin identifies 54 blocks for allocation through auction

16 have been earmarked for power sector, 12 for steel, 12 for government firms, 7 for cement

Amid controversies over allegations of irregularities in allocation of coal mines, the Coal Ministry has identified 54 blocks to be allocated to various sectors, including power, steel and cement, through auction route.

Of 54 coal mines, a maximum of 16 have been earmarked for the power sector, 12 for the steel sector, 12 for government firms and seven for the cement sector five for sponge iron and two for surface gasification.

"The coal blocks earmarked for power sector are meant both for tariff-based bidding and central government companies engaged in production of power. The further earmarking would be done in consultation with the Ministry of Power and Central Mine Planning and Design Institute (CMPDIL)," an official document dated May 30 said.

The official document further said the reserves meant for government companies would be allocated for commercial mining. Applications will be invited for allotment of blocks after finalising the detailed terms and conditions.

"Applications for the blocks reserved for integrated steel for government companies shall be separately circulated after finalisation of terms and conditions. The remaining blocks meant for allocation through competitive bidding would be advertised once the bidding documents are ready," it said.

A few days ago, Team Anna citing portions of a draft CAG report had alleged corruption in coal block allocations. The civil society group had clubbed Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee with 13 other Cabinet Ministers whom they accused of corruption

The anti-graft group had picked up portions of a draft CAG report to make charges against Singh when Coal Ministry was with him.

Last month, Coal Minister Sriprakash Jaiswal had said the government was ready with the list of coal blocks to be bid and the auction process will begin by June.