Government de-allocated six Coal Blocks due to delay in production

Government de-allocated 6 coal-blocks given to different companies following delay in production following a recommendation of IMG.

Feb 19, 2014 15:00 IST
facebook IconTwitter IconWhatsapp Icon

The Union Government of India on 18 February 2014 de-allocated six coal blocks given to firms following delay in production. This de-allocation has been done on the recommendation made in this regard by an Inter-Ministerial Group (IMG) that was headed by Additional Secretary, Coal as its Chairman.

The IMG was set-up to review the progress of development of captive coal blocks that were allotted to private companies.

Firms whose blocks has been de-allocation includes
• Hindalco Industries
• Tata Power
• Century Textiles and Industries
• J K Cement

The decision made by Coal Ministry to de-allocate the coal blocks given to JSPL and Sterlite has been put on hold in view of cases pending in courts.

Earlier on 17 February 2014, the Ministry de-allocated 10 coal blocks allocated to firms like
• Adani Power
• Jindal Steel and Power Ltd
• Uttam Galva Steels
• ACC Cement

Download our Current Affairs & GK app For exam preparation

डाउनलोड करें करेंट अफेयर्स ऐप एग्जाम की तैयारी के लिए