Ahead of coal block auctions, Centre releases labour & anti-graft norms
24 Jan 2015 12:52 AM GMT
Ahead of the coal blocks auctions, the government on Friday came out with terms and conditions for operation of the mines which include features like safety and welfare of workers and anti-corruption provisions. The government will put on offer 46 coal blocks during the auction to begin next month.
“The Coal Mine Development and Production Agreement (CMPDA) specifies the terms and conditions of operation of the mines by the successful bidder in the auction,” Coal Joint Secretary and the Nominated Authority for the coal auctions Vivek Bharadwaj said. Bharadwaj further said the features of the agreement include “a clause mandating the successful bidder to comply with all the applicable laws in relation to health, safety, welfare, social security and minimum wages for the workers.”
He further said that the successful bidder will conduct mining operations at the coal mine in accordance with the milestones or “efficiency parameters”. Failure to comply with the efficiency parameters would result in appropriation of the performance security, he added.
“The Coal Mine Development and Production Agreement (CMPDA) specifies the terms and conditions of operation of the mines by the successful bidder in the auction,” Coal Joint Secretary and the Nominated Authority for the coal auctions Vivek Bharadwaj said. Bharadwaj further said the features of the agreement include “a clause mandating the successful bidder to comply with all the applicable laws in relation to health, safety, welfare, social security and minimum wages for the workers.”
He further said that the successful bidder will conduct mining operations at the coal mine in accordance with the milestones or “efficiency parameters”. Failure to comply with the efficiency parameters would result in appropriation of the performance security, he added.
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