Its entire 12 million tone-coal production come from mines allocated since 1993. The de-allocation would further delay the process of securing mining rights for its much awaited Utkal B-1 mine, critical for its Angul steel-cum-power project, a brokerage firm said. A JSPL company official declined to comment immediately.
Hindalco was allocated Talabira-I block in Odisha in 1994, Talabira-II in 2005 in a JV with Coal India/Neyveli Lignite and Mahan in Madhya Pradesh in 2006. Hindalco’s Talabira-I mine supplies 2.5
mtpa coal to meet around one-third of its coal requirement.
The de-allocation of block would also put a question mark on its greenfield 3.59 lakh tonnes per annum smelter at Mahan which were allocated captive mine in joint venture with Essar power. A Hindalco company official declined to comment on the development. Balco was given a block in 2007 and Sterlite Energy was jointly allocated coal blocks in Rampia and Dip Side Rampia in Orissa in 2008. Hindustan Zinc’s Madanpur coal block in Chhattisgarh also satres at being cancelled in 2006.
PSU aluminium maker Nalco’s Utkal-E block in Odisha, allocated in 2004, also faces de-allocation.
Tata Steel’s Kotre-Basantpur and Pachmo mines (Jharkhand) were allotted in 2005 but not in operation now and hence, it would not have any immediate impact. SAIL has been spared of de-allocation of its Tasra coal (Jharia) mine, allotted in 1996 but Sitanala (Jharia), allocated in 2007, has been de-allocated. JSW Steel has a 49 per cent stake in Rohne Coal Company and 69 per cent off-take agreement. The mine was allocated to the company in 2008.
Hindalco was allocated Talabira-I block in Odisha in 1994, Talabira-II in 2005 in a JV with Coal India/Neyveli Lignite and Mahan in Madhya Pradesh in 2006. Hindalco’s Talabira-I mine supplies 2.5
mtpa coal to meet around one-third of its coal requirement.
The de-allocation of block would also put a question mark on its greenfield 3.59 lakh tonnes per annum smelter at Mahan which were allocated captive mine in joint venture with Essar power. A Hindalco company official declined to comment on the development. Balco was given a block in 2007 and Sterlite Energy was jointly allocated coal blocks in Rampia and Dip Side Rampia in Orissa in 2008. Hindustan Zinc’s Madanpur coal block in Chhattisgarh also satres at being cancelled in 2006.
PSU aluminium maker Nalco’s Utkal-E block in Odisha, allocated in 2004, also faces de-allocation.
Tata Steel’s Kotre-Basantpur and Pachmo mines (Jharkhand) were allotted in 2005 but not in operation now and hence, it would not have any immediate impact. SAIL has been spared of de-allocation of its Tasra coal (Jharia) mine, allotted in 1996 but Sitanala (Jharia), allocated in 2007, has been de-allocated. JSW Steel has a 49 per cent stake in Rohne Coal Company and 69 per cent off-take agreement. The mine was allocated to the company in 2008.