The coal ministry on Friday sought explanation from six companies including state-owned NTPC, Damodar Valley Corporation and private player Tata Steel for the allegedly slow progress in development of their allocated captive coal blocks.
These companies have been asked to reply within 20 days, explaining why the delay should not be held as a violation of the terms of allocation and why the block should not be deallocated.
Chhattisgarh Mineral Development Corporation, Utkal Coal and Gujarat Mineral Development have also been issued similar show-cause notices by the ministry.
The coal blocks in question are Utkal C, Tara, Kerandari, Khagra Joydev, Ganeshpur and Morga-II. The ministry issued notices to the companies following recommendations of an inter-ministerial group constituted to review development status of captive coal blocks.
No comments:
Post a Comment