New Delhi:(Page3 News Network)-The government has decided to de-allocate two coal blocks - one each of Chhattisgarh Mineral Development Corporation and Odisha Mining Corporation - for delaying production from the mines.
The Coal Ministry said in a letter to the PSU, the recommendation of the Inter-Ministerial Group has since been considered and accepted by the government.
Accordingly, Shankarpur (Bhatgaon-II) & Ext coal block allotted to Chhattisgarh Mineral Development Corporation is de-allocated.The letter also said that the Bank Guarantee to the extent of 1.59 crore rupees i.e. 50 per cent of the BG related to development of the coal block be forfeited.
The Coal Ministry in another letter to Odisha Mining Corporation said, Utkal-D coal block allocated to Odisha Mining Corporation is de-allocated. It said, the company shall not be eligible for allocation of coal block in lieu of the de-allocated coal block.
The Coal Ministry said in a letter to the PSU, the recommendation of the Inter-Ministerial Group has since been considered and accepted by the government.
Accordingly, Shankarpur (Bhatgaon-II) & Ext coal block allotted to Chhattisgarh Mineral Development Corporation is de-allocated.The letter also said that the Bank Guarantee to the extent of 1.59 crore rupees i.e. 50 per cent of the BG related to development of the coal block be forfeited.
The Coal Ministry in another letter to Odisha Mining Corporation said, Utkal-D coal block allocated to Odisha Mining Corporation is de-allocated. It said, the company shall not be eligible for allocation of coal block in lieu of the de-allocated coal block.
