Essar Power, 5 others showcaused for coal mine development delay
19 Dec 2013 5:00 AM IST
'You are hereby called upon to show cause, on each milestone separately to this Ministry within a period of 20 days...(as) to why the (delays in) development of the coal block(s) should not be held as violation of the term and conditions...and why the block (s) should not be deallocated,' the coal ministry said in the letters dated 16 December to the the companies. The ministry further that the progress of the mines were reviewed by the Inter-Ministerial Group (IMG) which recommended issue of show cause notice for delaying the development of the mines. 'The recommendation of the IMG has since been considered and accepted by the government,' the ministry said.
Six firms which have been slapped notices are Jharkhand State Mineral Development Corp for Jogeswar and Khasjogeshwar coal blocks, Yamuna Coal Company for Mara II Mahan coal block, Essar Power Ltd for Chakla and Ashok Karkata Central coal blocks, Jharkhand Integrated Power Ltd in respect of Kerandari 'B' and 'C' coal blocks, Rungta Mines Ltd for Bundu coal block and Madhya Pradesh State Mining Corp for Dongri Tal-II coal block.
The government had formed the IMG last year to review the progress of coal blocks allocated to firms for captive use and recommend action, including de-allocation for delays in development of mines.
The panel under the chairmanship of additional secretary in the Coal Ministry comprises members from other ministries, including steel and power.
India buys 5.82 mt Iran oil from April to November
New Delhi: India imported 5.82 million tons of crude oil from Iran during the first eight months of current fiscal, the Rajya Sabha was informed on Tuesday.
The imports during April-November are just over half of the 11 million tons target set for current fiscal.
In a written reply to a question in Rajya Sabha, Minister of State for Petroleum and Natural Gas Panabaaka Lakshmi said India imported 13.14 million tons of crude oil from Iran in 2012-13, down from 18.11 million tons in the previous year.
India has been since last year cutting import of crude oil from Iran after the US and European nations’ sanctions made shipments and payments difficult.
Last month, the US extended six-month Iran sanctions waiver to India in exchange for it reducing purchases of Iranian crude oil this year.
Six firms which have been slapped notices are Jharkhand State Mineral Development Corp for Jogeswar and Khasjogeshwar coal blocks, Yamuna Coal Company for Mara II Mahan coal block, Essar Power Ltd for Chakla and Ashok Karkata Central coal blocks, Jharkhand Integrated Power Ltd in respect of Kerandari 'B' and 'C' coal blocks, Rungta Mines Ltd for Bundu coal block and Madhya Pradesh State Mining Corp for Dongri Tal-II coal block.
The government had formed the IMG last year to review the progress of coal blocks allocated to firms for captive use and recommend action, including de-allocation for delays in development of mines.
The panel under the chairmanship of additional secretary in the Coal Ministry comprises members from other ministries, including steel and power.
India buys 5.82 mt Iran oil from April to November
New Delhi: India imported 5.82 million tons of crude oil from Iran during the first eight months of current fiscal, the Rajya Sabha was informed on Tuesday.
The imports during April-November are just over half of the 11 million tons target set for current fiscal.
In a written reply to a question in Rajya Sabha, Minister of State for Petroleum and Natural Gas Panabaaka Lakshmi said India imported 13.14 million tons of crude oil from Iran in 2012-13, down from 18.11 million tons in the previous year.
India has been since last year cutting import of crude oil from Iran after the US and European nations’ sanctions made shipments and payments difficult.
Last month, the US extended six-month Iran sanctions waiver to India in exchange for it reducing purchases of Iranian crude oil this year.
Next Story
