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No final view in CCEA meet on coal mines allocation

The Cabinet Committee on Economic Affairs (CCEA) on Monday did not a take final view after meeting here to discuss the course of strategy in connection with coal blocks allocation to companies, which have not been able to commence production.

The CCEA meeting, sources said, was convened in the wake of the Supreme Court observing last week that huge investment made by companies in coal blocks without getting clearance cannot be a ground for not cancelling licences.

The apex court had sought Centre’s response whether it intended to de-allocate such mines.

Sources in the Coal Ministry said that the meeting to discuss the fate of coal blocks, which were alloted to various private companies and where production could not be commenced as per timeline, could not be concluded.
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