The Coalgate Scam was unearthed by the CAG report on allocations of coal blocks. CAG report alleged that a loss of Rs. lakh crore was caused to the exchequer because of a nontransparent and discretionary allocation process. The beneficiaries of the scam are private players who have made windfall gains and have received highly valuable natural resources at almost free of cost.
WhatsApp: +86 18203695377
The Comptroller and AuditorGeneral's report on the allocation of coal blocks, reviews how it took sevenandhalf years to move the allocation procedure for captive coal blocks from a ...
WhatsApp: +86 18203695377![[Indepth] [Updated] Coal Sector in India IAS EXPRESS](/uh7qyse/189.jpg)
This will standardise the process and address the discretionary nature of the process. Online Coal Clearance System: Developed by the coal ministry to enable easier submission and clearance of applications to the ministry. CAMS: Coal Allocation Monitoring System. It is to monitor the allocation process and improve transparency.
WhatsApp: +86 18203695377
The Coal allocation scam, dubbed in media as Coalgate, is a major political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector enterprise and private companies. In a draft report issued in March 2012, the Comptroller and Auditor General of India office accused the Government of India of allocating coal blocks in an inefficient manner during the ...
WhatsApp: +86 18203695377
In December 2012 the Energy and Resources Minister, Michael O'Brien, stated that an announcement would be made in mid2013 on the next stage in a coal allocation process. Another key target for Exergen is securing funding under the joint state and federal governments 90 million Advanced Lignite Demonstration Program.
WhatsApp: +86 18203695377
Allocation of coal blocks has come with its own set of controversies, tainting the image of the government of the day. ... As part of this process, on March 25, the Coal Ministry said that it ...
WhatsApp: +86 18203695377
In a case involving Vikash Metal Power Ltd, the trial court had acknowledged that the role of other Ministries in the allocation process could not be said to be above board. It noted that various acts of omission and commission could possibly be attributed even to the Coal Ministry's Under Secretary, who was the prosecution's star witness.
WhatsApp: +86 18203695377
The Supreme Court on Monday pulled up the Centre on coal block allocations and declared all >218 allocations made from 1993 to 2011 illegal and arbitrary. A Bench of Chief Justice Lodha and ...
WhatsApp: +86 18203695377
The 100 billion in annual climate aid that rich countries had agreed to shore up by 2020 came through, three years late. Countries approved a new fund to pay poor countries for the losses and ...
WhatsApp: +86 18203695377
This work investigates the effects of carbon allocation on the emission intensities of lowcarbon products cogenerated in facilities that co‐process biogenic and fossil feedstocks and apply the carbon capture utilization and storage technology. Thus, these plants simultaneously sequester CO2 and synthesize fuels or chemicals. We consider an integrated steel mill that injects biomass into the ...
WhatsApp: +86 18203695377
June 2012: Coal ministry forms an interministerial panel to review the process of allocation of blocks and to decide either on deallocations or forfeiture of bank guarantees. The government has ...
WhatsApp: +86 18203695377
Coal ministry amends SHAKTI policy to expand coal linkage and promote market transparency. The amendment, aimed at fostering a more transparent coal allocation mechanism, dictates that power generated through such linkages must be sold via power exchanges or through transparent bidding processes on the Discovery of Efficient Energy Price (DEEP) portal.
WhatsApp: +86 18203695377
Gupta has been embroiled in one of the most highprofile corruption scandals of the past two decades, the coal allocation "scam" or " Coalgate " as it is popularly known. It is centred on ...
WhatsApp: +86 18203695377
At the outset, Vahanvati said deallocation process for the coal block allocation made between has been put on motion and the private parties to whom allocation has been made for 61 ...
WhatsApp: +86 18203695377
The coal blocks allocation cases are among the CBI's longest running probes, with the agency last registering a fresh FIR in the case in January 2020. It has since 2012 filed multiple chargesheets and even closed many cases for lack of evidence or culpability.
WhatsApp: +86 18203695377
A list of 143 coal blocks was prepared initially and inflated to 216 later. At that time, there were no concrete guidelines for allocation of coal blocks as coal mining was largely restricted to PSUs and many geographic locations were seen as unsuitable for profitable mining. The guidelines were periodically revised through 1993, 1998 and 2003.
WhatsApp: +86 18203695377
Case Problem 5 DUKE ENERGY COAL ALLOCATION* Duke Energy manufactures and distributes electricity to customers in the United States and Latin America. Duke recently purchased Cinergy Corporation, which has generating facilities and energy customers in Indiana, Kentucky, and Ohio. For these customers Cin ergy has been spending 725 to 750 million each year for the fuel needed to operate its ...
WhatsApp: +86 18203695377
Coal India Limited Auction of Coal Linkages in the "Others" SubSector Phase IV of Tranche I Pre Bid Presentation This presentation is for ease of understanding of the Auction Process by the Bidders. In case of any discrepancies between this presentation and the Scheme Document, the provisions of the Scheme Document shall prevail.
WhatsApp: +86 18203695377
for facilitate allocation of coal • Earmarking coal sources/blocks to supply right quality of coal • Fixation of Norms by a scientific institute for coal allocation to accommodate support units and considering type of gasifier, washability characteristics of coal, coal specifications grade Reduce dependence on Imports
WhatsApp: +86 18203695377
Also, the Coal allocation process should be simplified, based on important and minimal review of key industry criteria. Refund of royalty paid by mineral processing industries as Royalty is paid by all processing industries when purchasing minerals from Mines or the open market as the Royalty value is factored into the mineral selling price ...
WhatsApp: +86 18203695377
A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
Copyright © 2023 GMC Co., Ltd. SiteMap
