Don’t miss the latest developments in business and finance.

Govt to review status of 72 coal mines

Earlier, three rounds of mines auction were held after the SC in 2014 cancelled the allotment of 204 coal blocks

A worker carries a container filled with drinking water at a railway coal yard on the outskirts of Ahmedabad. Photo: Reuters
A worker carries a container filled with drinking water at a railway coal yard on the outskirts of Ahmedabad. <b>Photo: Reuters</b>
Press Trust of India New Delhi
Last Updated : Dec 19 2016 | 2:51 PM IST
The government over the next few days will examine the status of 72 coal blocks allocated either through allotment or auction route to companies like NTPC, JSW Steel, Hindalco and Steel Authority of India Ltd (SAIL).

"...It has been been decided to hold a meeting under the Chairmanship of Joint Secretary and Nominated Authority, Ministry of Coal to review the status of 72 coal mines," an official said.

The meeting is scheduled to be held on December 21 and December 26, the official added.

The status 35 coal blocks in the states of Jharkhand and Chhattisgarh allocated to the companies like Hindalco Industries, Bharat Aluminium Company Ltd, NTPC, SAIL, JSW Steel will be reviewed on December 21, the official said.

While the status of remaining coal blocks in states like Madhya Pradesh, Maharashtra and Odisha allocated to companies like Reliance Cement, UltraTech Cement and GMR Chhattisgarh Energy Ltd will be examined on December 26, the official added.

The government had informed Parliament last month that it has so far generated a revenue of approximately Rs 2,779 crore from the auction and allotment of 83 coal blocks.

More From This Section


The amount, it had said, is being transferred to the state governments where the coal mines are located.

Earlier, three rounds of mines auction were held after the Supreme Court in 2014 cancelled the allotment of 204 coal blocks.

Also Read

First Published: Dec 19 2016 | 2:40 PM IST

Next Story