Previous allottees of mines asked to give claims by Mar 26

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Press Trust of India New Delhi
Last Updated : Mar 13 2015 | 9:57 PM IST
The government has asked previous allottees of 33 coal blocks that went under the hammer to submit any claims, if any, in respect of the mines before March 26.
The previous allottees include Hinadalco, JSPL and Monnet.
The previous allocattess should "submit their claims, if any, along with proof of their respective claims in relation to the Schedule II & III Coal Mines", the Nominated Authority has said in a letter to all previous allocatees warning that any claim after the due date would not be entertained.
The government has so far auctioned 33 coal blocks to fetch over Rs two lakh crore -- the amount exceeds CAG's estimate of Rs 1.86 lakh crore loss due to allocating mines without auction during the previous regimes.
The government has also asked its departments and ministries to furnish all claims for revenues, taxes, cess, additional levy and rates due from the prior allottee by March 31 besides seeking details from creditors.
Nineteen mines under Schedule II (already in production) were auctioned in the first tranche between February 14 and February 22.
Reliance Cement, GMR Chhattisgarh, Hindalco, Sunflag Iron and Steel, Jaiprakash Associates, Jaiprakash Power Ventures, OCL Iron and Steel, Bharat Aluminium, Essar Power MP, Jindal Power and UltraTech Cement bagged these mines.
Another lot of 14 mines under Schedule III (ready for production) were sold during the second tranche from March 4 to March 9 to firms such as Usha Martin, Adani Power, JSW Steel, Mandakini Exploration adn Mining, Trimula Industries, Hinadalco, Indrajit Power Private Ltd, Jindal Power, GMR Chhattisgarh Energy, Ambuja Cements, Japyee Cement, Araanya Mines Private Ltd, and Monnet Power.
The government announced auction of blocks after the Supreme Court cancelled allotment of 204 coal mines.
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First Published: Mar 13 2015 | 9:57 PM IST

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