Jul 17, 2017· 5th round of captive coal block auctions deferred indefinitely. You are here: Home / Blog / News / Top News / 5th round of captive coal block auctions deferred indefinitely. 5th round of captive coal block auctions deferred indefinitely .
Coal Mining Block | Ministry of Coal, Government of Indiawhat is captive coal block,Home » Coal Mining » Coal Mining Block, in Ministry of Coal for allotment of coal blocks to, IV/5 coal block allocated for captive mining for .Will winners curse the coal block auctions,LivemintUsually, companies are rational beings with profit as their guiding motive In the first phase of the coal block
Captive Coal Blocks was cancelled on September 24, 2014 Allocation of 204 The honorable Supreme Court's verdict of deallocating the captive coal blocks is likely to change the fate of fuel supply in the country with at large impacting the coal consumption of power and steel sector
Aug 06, 2015· Let's try to understand this with NTPC context. NTPC use coal for its thermal power projects to produce electricity. NTPC has contracts with many companies like Coal India which produces coal and sell it to NTPC and takes huge money in return. Now
Captive coal mining means that the coal mined could be used only in the said industry for which the allocation/auction of the block has been can't be used Get Price What is a Captive coal block
The Coal Ministry has invited tenders for 18 coal blocks for captive mining by 'non-power' companies with six blocks exclusively reserved for the iron and steel industry, while cement, captive
Coal Mining Block | Ministry of Coal, Government of Indiawhat is captive coal block,Home » Coal Mining » Coal Mining Block, in Ministry of Coal for allotment of coal blocks to, IV/5 coal block allocated for captive mining for .Will winners curse the coal block auctions,LivemintUsually, companies are rational beings with profit as their guiding motive In the first phase of the coal block auctions, however, that …
Apr 02, 2018· Forty-two months after the Supreme Court cancelled 204 captive coal block licences saying these had been allocated in an illegal and arbitrary manner, production from these blocks are …
Of the 170 captive coal blocks allotted (with reserves 39.3 billion tonnes), 76 coal blocks with reserves of about 23.6 billion tonnes have been allotted to power sector (with 24 coal blocks allotted in 2007)6.
Nov 24, 2016· Underground Coal Block Mining and the Associated Sensitivity (Risks) There are three parameters namely operating cost, rate of production and capital expenditure which would govern the output cost of the coal at large and hence are considered most prone to the risks. These factors are put to variance using the discount factor of 12% . For an open cast mine we have considered an example …
Dec 10, 2018· Retrieved 31 May The Comptroller and Auditor General of India CAG in its report on 'Allocation of Coal Blocks and Augmentation of Coal Production' dated 11 May CAG Report has alleged that captive coal blocks were allocated to private and state-run entities by the government in an irregular and arbitrary manner resulting in a loss of approximately Rs.
of equivalent grade coal charged by CIL serving as the ceiling price. If no coal block auction had been held, CIL's price would define the coal cost taken into account when pricing electricity, irrespective of the actual cost of extracting coal from the captive coal block that supports electricity production. Under the reverse auction scheme the
Jan 31, 2013· Answers. A block is an area from which the government has granted permission in the form of a mining license to mine coal. The term "captive" infers being locked up. In the sense of a policy, it is a mandatory allocation of resources. The intent of the captive coal mining policy is to allocate a specific block to a specific need for the country.:
Re-auction coal blocks but save 46: Government to … They could also be told to enter into fresh power purchase agreements with utilities so that the power produced from these blocks are sold at sub-market prices, factoring in the benefit captive coal, attorney general Mukul Rohatgi told the bench headed by Chief Justice RM Lodha.
Oct 17, 2014· Allotment of 218 captive coal blocks has brought about newer problems and issues for the government to resolve, instead of increasing the coal production for the country.
IMG for scrapping 30 captive coal blocks In its two-day meeting, IMG considered status of 61 coal blocks and finally zeroed on mines de-allocation.
I will rephrase the question by answering what is captive coal mining. It is a policy used to develop coal resources in India. A block is an area from which the government has granted permission
Ruling out any fresh land valuation of the recently-auctioned coal blocks, the coal ministry has held that the existing character of the land is sacrosanct and needs no fresh assessment.
Apr 12, 2017· The coal production for the captive coal blocks shall commence within 36 months(in case of forest land, it is 42 months) for the allocation in OC mine and 48 months from the date of allocation in UG mine (54 months in case of area which fall under forest land) Any modification in the end use project and regarding the development in coal mine shall be submitted to the ministry within 3 months from …
Mar 07, 2015· In 1993, a Screening Committee was set up by the Ministry of Coal to provide recommendations on allocations for captive coal mines. All allocations to private companies were made through the Screening Committee. For government companies, allocations for captive mining were made directly by the ministry. Certain coal blocks were allocated by the Ministry of Power for Ultra Mega …
| After the Supreme Court cancelled the allocations of 204 captive coal blocks in September 2014, the government responded swiftly. It issued an ordinance, later passed as the Coal Mines
The report is a comprehensive compilation of coal and lignite blocks allocated for captive use in India. It will provide detailed information on 175 coal and lignite blocks allocated for captive use covering the following information but not restricted to: Allocation dates Geological/Extractable reserves Grade Area under lease End use project Linkages Clearances
Dec 18, 2013· "You (captive coal block allocattees) are requested to kindly attend the meeting alongwith the latest production data and the assessment of production likely to be achieved during the current financial year 2013-14," it said. The ministry further said 38 coal blocks of firms like SAIL, Hindalco and Prakash Industries have begun production.
Aug 02, 2012· something doesn't add up here. over the last few months, the country has been awash in news reports about the sudden coal shortage being faced by power projects and others across india. these assertions are somewhat puzzling. for instance, india needs 731 million tons of coal every year. however, the total coal allocated to companies as captive blocks stands at 44,000 million tons — …