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.

Created On: Feb 19, 2014 15:00 ISTModified On: Feb 19, 2014 15:03 IST

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.

image
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

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

एग्जाम की तैयारी के लिए ऐप पर वीकली टेस्ट लें और दूसरों के साथ प्रतिस्पर्धा करें। डाउनलोड करें करेंट अफेयर्स ऐप

AndroidIOS
Comment ()

Post Comment

2 + 7 =
Post

Comments