Spectrum, coal alloion process was tampered : CVC
WEBJul 28, 2016 · Chowdary said the tampered processes led to "ineligible people getting the alloion and the more eligible people missing the opportunity".
WEBJul 28, 2016 · Chowdary said the tampered processes led to "ineligible people getting the alloion and the more eligible people missing the opportunity".
WEBNov 10, 2023 · The amendment, aimed at fostering a more transparent coal alloion mechanism, dictates that power generated through such linkages must be sold via power exchanges or through transparent bidding processes on the Discovery of Efficient Energy Price (DEEP) portal.
WEBOct 13, 2020 · The coal blocks alloion cases are among the CBI's longest running probes, with the agency last registering a fresh FIR in the case in January 2020. ... government decided to alloe such coal blocks to private companies that were not part of the production plan of PSUs Coal India Ltd and Singareni Collieries Company Limited .
WEBSep 4, 2013 · In the month of May, the Coal Ministry replied to the CBI request that the files sought were missing from the archives. It is reported that around 157 appliions were submitted requesting for ...
WEBMar 1, 2018 · As of the financial year 201617, 34 of Coal India Limited's mining projects were delayed, mainly due to problems in getting forest clearances and land acquisition. ... What is the alloion ...
WEBThe coal alloion scam, dubbed in the media as Coalgate, is a major political scandal concerning the Indian government's alloion of the nation's coal deposits to public sector enterprise (PSEs) and private companies. In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of India .
WEBSep 26, 2013 · During the investigation process, Indian Police conducted raids across 10 cities to comprehend the misappropriation in the alloion of coalfields. Even government officials and toplevel officials of the involved companies are under scrutiny (Srinivas, 2012; India News Bulletin, 2012).
WEBMar 7, 2014 · Coal scam. The document summarizes the key details of the Indian coal alloion scam that was uncovered in 2012. It discusses that the CAG accused the government of alloing coal blocks between without a transparent and competitive bidding process, resulting in estimated losses of Rs. lakh crore.
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.
WEBFeb 10, 2023 · The government of India in the coal block case was questioned for going beyond their powers as given by the statutes which govern the coal and natural resources mining in India. The government wrongly took initiative of alloion of coal blocks without any auction. ... The whole process of alloion of coal blocks has been a huge .
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 .
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.
WEBThe Indian coal alloion scam is more like the great 2G scam. A senior Minister formulating or following a policy that resulted in three unfortunate and unwarranted impliions: a massive loss to the exchequer; a windfall gain to private entities; and the plundering of a national resource. ... and without following any competitive process ...
WEBAug 21, 2016 · Coal linkage policy is a central government designed guidelines for the alloion of coal among thermal power firms. The central government designated the Central Electricity Authority to design and issue methodology for coal linkage. States who have assigned coal should follow these guidelines while alloing the assigned coal .
WEBCoal Mining Policy and Major Initiatives
WEBThe Government approved the fading away of the existing Letter of Assurance (LoA) Fuel Supply Agreement (FSA) regime and introduced Scheme for Harnessing and Alloing Koyala (Coal) Transparently in India (SHAKTI), 2017, which was issued by the Ministry of Coal on 22 May 2017. The Government also approved amendments to the SHAKTI .
WEBMar 28, 2023 · The coal alloion scam, commonly known as the "Coalgate scam," was a political scam that included the illegitimate alloion of the nation's coal to public sector entities (PSEs) and private sector companies that were not a part of Coal India Ltd. and Singareni Collieries Company Limited's (SCCL) production plans by the then Prime ...
WEBNational Coal Index. Commercial Mining of Coal Blocks has been approved by the Cabinet Committee of Economic Affairs. In the auction process, the National Coal Index (NCI) and Representative Prices (RP) would play very important role. The concept and design of the Index as well as the Representative Prices have been developed by the Indian ...
WEB02/03/2022. Recommendations of Post Budget Webinar by Shri Vinod Kumar Tiwari, Additional Secretary, Ministry of Coal. Download Pdf File Size: 347 KB. 02/03/2022. 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.
WEBJul 8, 2020 · India has been a witness to several national level scams by the public officials. The Coalgate scam was one such scam where the UPA Government was accused of alloing coal blocks without the process of competitive bidding. ... The coal alloion process was a nontransparent process with a lack of competitive bidding to provide a .
WEBThe Coal alloion scam is a major political scandal concerning the Indian government's alloion of the nation's coal deposits to public sector enterprise (PSEs) and private companies. In a draft report...
WEBCoal alloion scam (or Coalgate [1]) is a major political scandal concerning the Indian government's alloion of the nation's coal deposits to public sector entities (PSEs) and private companies. In a draft report issued in March 2014, the Comptroller and Auditor General of India (CAG) office accused the Government of India of alloing coal .
WEBCoal India Limited has set up Regional Sales Offices and SubSales Offices at selected places in the country to er to the needs of the consuming sectors in various regions. ... GoI enables alloion of coal mines through auctions by enacting the Coal Mines (Special Provisions) Act, 2015. ... Alloion process was arbitrary, discretionary ...
WEBAug 22, 2016 · As secretary of coal to the government of India over 200608, a period when several of the questioned alloions took place, he was directly implied in the scandal.
WEBJun 17, 2019 · Alloion process was arbitrary, discretionary and nontransparent. There was no consideration of Merit, no Price discovery mechanism for national resources. Till now, the PSU, Coal India was the only commercial miner in the country for more than four decades which has shown monopolistic tendencies in the sector. Monopoly in mining .
WEBIndian Coal Alloion Scam Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. The document summarizes the Indian coal alloion scam, known as Coalgate. It describes how between the Indian government alloed coal blocks to public and private companies in an inefficient manner without .
WEBJun 19, 2020 · Coal Sector Reforms. This article is based on "Unveiling reforms in India's coal sector" which was published in The Hindustan Times on 17/06/2020. It talks about the intended benefits and challenges associated with the new set of coal reforms. India, being a developing country, coal remains one of the most important indigenous energy ...
WEBApr 14, 2014 · At the same time, the Congress spokesman recalled that the Prime Minister had indied that the CBI lodging the FIR against Parakh in the coal block alloion was not proper. On the issue of alloion, Surjewala claimed that the Prime Minister needed to be given credit for streamlining the process and making it transparent.
WEBAug 25, 2014 · In what is bound to overhaul the entire process of mining of the mineral, which the court described as "black diamond" and "extremely important element in the industrial life of developing India", a threejudge bench ruled that the whimsical and nontransparent procedure of alloion had resulted in "unfair distribution of the national .
WEBNow, the sector has been opened up for commercial coal mining by private players in 2020 and first ever successful auction of commercial mining was launched by the Hon'ble Prime Minister on and concluded with alloion of 19 coal mines. Read More. This is the official website of Coal Ministry, Government of India.
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.
WEBMar 11, 2015 · The coal gate scam is the alloion of coal blocks to corporates of public centre entities (PSE) and companies and the private sector during the UPA rule under Prime Minister Manmohan Singh's mandate. The government alloes coal blocks through a process of competitive bidding.
WEBOct 25, 2014 · Indian coal is classified in 2 egories coking coal and noncoking coal. This is a usage based classifiion, as coking coal is essential for Iron and steel industry. ... Alloion process was arbitrary, discretionary and nontransparent. There was no consideration of Merit, no Price discovery mechanism for national resources (Auction ...
WEBJun 23, 2020 · Coal Alloion Monitoring System (CAMS) was also developed to monitor the alloion of coal by CIL to States, States to State Nominated Agencies (SNA) and SNA to such consumers in a transparent manner. Recently announced Reforms in Coal Sector Easing the process. Commercial mining of coal allowed, with 41 blocks to be .