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HindustanTimes Thu,17 Apr 2014

13 coal mines’ fate to be decided next week

PTI  New Delhi, October 23, 2012
First Published: 22:07 IST(23/10/2012) | Last Updated: 22:08 IST(23/10/2012)

The Inter-Ministerial Group (IMG) will decide the fate of 13 coal mines allocated to public sector firms on the first day of a two-day meeting likely to be held next week This could include firms such as the Chhattisgarh Mineral Development Corp and the Andhra Pradesh Power Generation Corp.

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“The IMG will make recommendations with regard to 13 coal mines alloted to public sector firms on October 30. On October 31 the panel will make recommendations for 20 mines,” an official in the coal ministry said.

On the second day, the IMG will make recommendations with regards to PSUs like Nalco and MMTC among others, the official said.

The IMG has concluded the scrutiny of 31 coal blocks allotted to 51 private firms.

A total of 58 mines were issued show cause notices for their failure to develop blocks within stipulated timeline.

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