September 09,
The Government has decided to issue notices to Coal companies for delaying the development of allotted blocks.
The Coal Ministry said on Wednesday that show cause notices will be issued to various coal companies to de-allocate 93 Coal and four Lignite blocks for not making sincere efforts to start mining in these blocks for past several years.
These companies were issued several reminders in the past, the Ministry said in a statement.
Of the 93 Coal blocks, 45 belong to public sector companies while 48 belong to the private sector companies. All the 4 Lignite blocks belong to the private sector companies.
The decision to issue notices was taken at a high-level meeting in the Ministry recently as the Government plans to enhance production through fast track development of Coal blocks to meet the increasing demand.
The Government has so far allocated some 207 coal blocks to various public and private sector companies.
Source: The Business Line
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