Plea in SC for CBI probe on coal allocation to joint ventures | delhi | Hindustan Times
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Plea in SC for CBI probe on coal allocation to joint ventures

delhi Updated: Jun 20, 2013 01:36 IST
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A plea to bring within the ambitof ongoing CBI probe allocation of coal blocks to joint venture companies was on Wednesday moved in the Supreme Court.

Advocate M L Sharma, on whose plea the apex court is monitoring the CBI probe in the multi-crore scam, has filed the application alleging that private players have benefited due to "illegal" allocation of coal blocks to joint venture companies.

"All action for the coal blocks allotment to government companies for coal extraction under joint venture are part of a serious criminal conspiracy. It is indirect route for the allotment to private companies and individuals. It is contrary to the law and is required to be examined by this court for further action," the application said.

Sharma alleged that West Bengal based Eastern Mineral and Trading Agency(EMTA), which controls third largest chunk of coal reserves in India, has a joint venture with West Bengal Power Development Corporation Limited (WBPDCL) but it does not do the mining work and sub-contracts all the work to EMTA Coal, which is fully owned by the group.

"Petitioner is under apprehension that all/ maximum coal block has been allotted indirectly to private agencies like EMTA and others under the garb of a joint venture and allotment to the state government companies which are liable to be called upon for further scrutiny by this court," he said.

CBI is probing alleged irregularities in the allocation of 192 coal blocks between 1993 to 2011.

The agency has registered three preliminary enquiries in this connection - related to allocation between 2006-09, allocation between 1993 to 2004 and allocations given to joint ventures.