Companies to meet IMG on delays in coal blocks’ development

The Coal Ministry has asked firms including JSPL, NTPC, SAIL and Tata Power to make presentation before the IMG on Thursday and Friday on the achievement of milestones prescribed for developing 30 mines that were allotted to them and their reasons for delays.

“The reply submitted by your company (companies) is under consideration of the Inter-Ministerial Group (IMG)…and it has been decided to provide an opportunity to you to present your explanation/version before the IMG on the current status of development of allocated coal block,” according to a coal ministry document.

“You are requested to make a presentation with respect to the achievement of different milestones prescribed for the development of coal block and reasons for delay, if any, with respect to achievement of the same,” it said.

The coal block allocatees were earlier issued show-cause notices for delaying the production from their mines.

Jindal Steel and Power Ltd has been asked to make presentation with regard to delaying the production from its four coal blocks — Amarkunda Murgadangal in Jharkhand, Utkal B1 and Ramchandi Promotional block in Odisha and Urtan North in Madhya Pradesh.

SAIL has been asked to make presentation for Sitanala mine in Jharkhand, and NTPC for Parki Barwadih mine in Jharkhand and Talaipalli mine in Chhattisgarh.


Source: The Hindu



Executive at India Electron Exchange

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