The CBI Sunday registered a case against two private companies and some unidentified public servants in its ongoing probe in the alleged coal scam case and conducted searches at five places in West Bengal and Jharkhand.
The agency registered the case against Electrosteel Castings Ltd, Electrosteel Steels Ltd and some unknown public servants under sections of cheating, criminal conspiracy and Prevention of Corruption Act in its probe related to Parbatpur coal block - situated in the Jhariya coalfield in Jharkhand.
Central Bureau of Investigation (CBI) teams also conducted searches at the office premises of the companies at five places in Kolkata along with Ranchi and Bokaro in Jharkhand, said a CBI official.
Parbatpur is among the 29 blocks being reviewed by an inter-ministerial group from the Comptroller and Auditor General's (CAG) list of 57, which allegedly translated into a loss of Rs. 1.86 lakh crore to the national exchequer. This block has an estimated reserve of 231 million tonnes.
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 →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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