Coal min seeks status report on 40 blocks
Following a Supreme Court directive, the coal ministry has sought a report on 40 coal blocks from companies including Hindalco, Usha Martin Ltd, Jindal Power Ltd, Jayaswal Neco, JSPL, SAIL, Monnet Ispat Ltd and NTPC by Wednesday.
The ministry has sent a letter to companies seeking details of the blocks that have come into production as on August 31, 2014.
“I am directed to say that this ministry is required to file an affidavit before the Supreme Court confirming details of coal blocks which have come under production along with status of linked end use plants,” SK Shahi, director, coal ministry, said in a letter to the companies.
The apex court is currently examining the alleged irregularities in allocation of blocks made between 1993 and 2010, which it has declared illegal.
On Monday, the government had requested Supreme Court to exempt 46 coal blocks, which were functional or ready for use. Attorney general Mukul Rohatgi had said that the “government stands by the August 25 judgement. We want re-auction of 218 coal blocks. We will be happy if we save some 40 of them which are functional or operational and ready for end-use plant.”
The ministry has informed the companies that the “any misleading or false information may invite penal action as per law.”
The details sought by the ministry include date of allotment of mines, date of grant of mining lease, coal production in the last fiscal, coal production since commencement of mining, details of linked end use plants and investments made in the coal block.