Thursday, May 05,
The Coal Ministry has decided to de-allocate 14 coal blocks and 1 lignite block awarded to public sector companies like NTPC and DVC as they were unable to develop the same for captive use.*
“The ministry is going to de-allocate in total 15 blocks, including five allotted to National Thermal Power Corporation (NTPC). These firms were allotted 14 coal blocks and one lignite block in 2007, but failed to explore and develop the same despite show cause notices,” a senior Coal Ministry official said.
Apart from NTPC, the ministry has decided to cancel the licenses for blocks awarded to Damodar Valley Corporation, Andhra Pradesh Power Generation Corporation, Tenughat Vidyut Nigam Ltd and the Electricity Boards of Bihar and Jharkhand, among others, for non-adherence to norms, the official said.
The private firms to which de-allocation notices were issued include VS Lignite and Baidyanath Ayurved Bhawan.
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