Re-Allotment of 67 Coal Mines Through Auction & Allotment

SONY DSC
SONY DSC

Out of 204 coal blocks cancelled by the Supreme Court, Government has so far allocated 67 coal mines through auction and allotment in the year 2015 in accordance with the provisions of Coal Mines (Special Provisions) Act, 2015 and the Rules made thereunder. This was stated by Sh. Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy in a written reply to a question in the Lok Sabha.  State-wise details are as under:

S.No. State No. of Coal Mines/Blocks
1. Chhattisgarh 14
2. Jharkhand 20
3. Madhya Pradesh 5
4. Maharashtra 9
5. Odisha 7
6. Telangana 1
7. West Bengal 11*
  Total 67

 

*One coal block namely, Ardhagram, where the successful bidder was declared, has been handed over to Designated Custodian in view of a Court Case.

The Minister further stated that no time limit has been fixed for completing the allocation process of these 204 coal blocks.

 

The estimated amount of revenue likely to be generated from the Auction/Allotment of these 67 Coal Mines/Blocks is Rs. 3,35,370 Crore approximately. In addition, the benefit to consumers in terms of reduction of electricity tariffs is likely to be about Rs. 69310.97 Crores, the Minister added

Be the first to comment

Leave a Reply

Your email address will not be published.


*