De-allocated coal blocks should be given to power projects: Moily

September 14, 2012

Moily

New Delhi, September 14: Coal blocks that are deallocated by the government after review of their status should be given to the upcoming power projects to meet the capacity addition target of 85,000 MW in the 12th Five Year Plan, Power Minister Veerappa Moily said on Friday.

“Yes, definitely. We are going to seek that (the de-allocated coal blocks),” Mr Moily told reporters here after releasing a report “Green Energy Corridors“.

He added, “We are always placing our priority because you know coal (which) is provided...that will contribute more to the power sector. That kind of capacity building (85,000 MW in 12th Plan) is in the offing,” he said.

On Thursday, the Coal Ministry had decided to deallocate 4 coal blocks — Bramhadih Block in Jharkhand, allocated to Castron Mining Ltd in 1996; Chinora and Warora (southern part) blocks in Maharashtra, given to Fieldmining and Ispat Ltd in 2003; Lalgarh (North) block in Jharkhand allotted to DOMCO Smokeless Fuels Pvt Ltd in 2005.

The decision to de-allocate the blocks was taken after recommendation by an Inter-Ministerial Group (IMG), headed by Additional Secretary (Coal) Zohra Chatterji.

The government decision came shortly after IMG’s recommendation to do so following the group’s evaluation of the performance of each of the cases considering factors like approval of mining plan, grant of environment clearance, status of forest clearance and land acquisition.

The IMG also recommended deduction of Bank Guarantee (BG) in case of Marki Mangli-II, III and IV Blocks in Maharashtra allocated to Shri Virangana Steels Ltd.

IMG had last week reviewed the status of 29 coal blocks allocated to private firms and it is likely to submit the final report on it next week.

“We can definitely produce 25,000 MW by the end of this financial year provided that other things are tied up because the capacity has been created. There are also capacities which have not been utilised... It is available around you, only thing is that a decision has to be taken,” Mr Moily said.

The Power Minister also said that he is meeting Finance Minister P Chidambaram later in the day “to ensure there is no blockade to capacity utilisation and also on creating new capacity for the power sector”.

The meeting will be attended by representatives of ministries of coal and environment and forests as well, he added.


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News Network
February 9,2020

Feb 9: The Electronic Voting Machines (EVMs) used in Delhi Assembly polls are kept under tight security, in the 'Strong Room' located at Atal Adarsh Bengali Balika Vidyalaya in Gol Market.

Voting for Delhi Assembly elections took place on Saturday with voters turnout well short of the 2015 election mark.

Counting of the votes will be on February 11.

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Agencies
January 14,2020

Microsoft's Indian-origin CEO Satya Nadella on Monday voiced concern over the contentious Citizenship Amendment Act (CAA), saying what is happening is "sad" and he would love to see a Bangladeshi immigrant create the next unicorn in India.

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In a statement issued by Microsoft India, Nadella said: "Every country will and should define its borders, protect national security and set immigration policy accordingly. And in democracies, that is something that the people and their governments will debate and define within those bounds.

"I’m shaped by my Indian heritage, growing up in a multicultural India and my immigrant experience in the United States. My hope is for an India where an immigrant can aspire to found a prosperous start-up or lead a multinational corporation benefitting Indian society and the economy at large".

The Centre last week issued a gazette notification announcing that the CAA has come into effect from January 10, 2020.

The CAA was passed by Parliament on December 11.

According to the legislation, members of Hindu, Sikh, Buddhist, Jain, Parsi and Christian communities who have come from Pakistan, Bangladesh and Afghanistan till December 31, 2014, due to religious persecution will not be treated as illegal immigrants but given Indian citizenship.

There have been widespread protests against the Act in different parts of the country.

In Uttar Pradesh, at least 19 persons were killed in anti-CAA protests.

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News Network
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Petrol price in Delhi was hiked to Rs 74 per litre from Rs 73.40 while diesel rates were increased to Rs 72.22 a litre from Rs 71.62, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

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