Introduction: The Centre launched the auction of 41 coal blocks for commercial mining, with the Prime Minister formally giving the green signal and expressed optimism that it will help in reducing dependency on imports. The move is aimed at reviving the auction process, which has remained in limbo with only 31 coal blocks having . Continue reading "RSTV: THE BIG PICTURE INDIA'S COAL ...
The move is aimed at reviving the auction process, which has remained in limbo with only 31 coal blocks having been auctioned since 2014. ... Coal Mines (Special Provisions) Act, 2015 enabled allocation of coal mines through transparent auctions; ... Click the link below to see the details about the UPSC Civils courses offered by Triumph IAS ...
Reduction in Coal logistics costs is planned to be attained through measures that improve efficiency in transportation, cost optimization. technological upgradation etc. The strategy will involve: a. ROW (Rights of Way) of rail and roads and firstmile evacuation are planned as part of the mine allocation process.
allocation near all coal mines allocated after 1993. GoI enables allocation of coal mines through auctions by enacting the Coal Mines (Special Provisions) Act, 2015. ... The app aims to ensure transparency and efficiency in coal quality monitoring process and bring coal governance closer to people. The Cabinet Committee on Economic Affairs ...
This will bring in predictability in the process and help bidders to plan and eliminate the need of bidding aggressively. It will open the coal economy to its full potentialdespite India having the world's 4th largest coal reserves, it has imported million tonnes (mt) of coal in 201920. This can save 1520 billion in annual foreign ...
1 In this article, Akshita Rishi who is currently pursuing IN BUSINESS LAWS, from NUJS, Kolkata, discusses the rules that govern the allocation of Coal Blocks in India. Introduction We often talk about conservation of our natural resources as they are limited in nature.
India is highly dependent on coal for electricity generation. Nearly 60% of total electricity generated in India is from coal and it is the main source of the nation's greenhouse gas emissions. Nonfossil sources accounts for about 40%. The electricity generation from coalbased power plants in 202223 saw an increase of % over the previous ...
Coal Production and dispatch . the year 2022 (up to November, 22), all India Coal production (CIL, SCCL Captive mines) is MT (Provisional) and Coal off take is MT (Provisional).Coal dispatch to Power Sector is MT (Provisional). the year 2022 (up to November, 22), EAuction by CIL and SCCL is MT.; Production Growth:
Under the draft policy, setting up FMC would be made part of the mine allocation process. So, more such projects are set to come up. The coal ministry has taken up additional 19 FMC projects for Coal India and Singareni Collieries with a capacity of 330 million tonne per annum (MTPA). These projects will be implemented by FY27. Crack Prelims 2023!
The Coal allocation scam, dubbed in media as Coalgate, is a major political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector enterprise (PSEs) and private companies. In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an inefficient ...
All India coal production during AprilFebruary 202122 was MT registering a growth of %. In order to increase more coal production, the focus of the Government is on accelerating domestic production of coal through allocation of more coal blocks, pursuing with State Government for assistance in land acquisition and coordinated efforts with Railways for movement of coal.
A conscious effort has been made to ensure that a clean system can been adopted to allocate coal blocks. As part of this process, on March 25, the Coal Ministry said that it proposes to adopt a ...
Ajay Shan and Subho Roy have this food for thought post on the recent licening of payments banks in India. Interestingly, they think bank licencing process is quite similar to the questionable coal block allocation process. This blog had also raised concerns Obviously given the hype around Indian central bank, this post is likely to be.
Apr 1, 2023 Coal is a naturally occurring Conventional Energy Resource which formed due to compaction and sedimentation during the Carboniferous period about 300 million years ago. It is the most important and abundant fossil fuel in India. It provides 55 percent of the country's energy requirements.
Coal allocation scam or Coalgate, is a political scandal concerning the illegal allocation of the nation's coal deposits to public sector entities (PSEs) and private companies by Prime Minister Manmohan Singh. In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of allocating ...
A list of 143 coal blocks was prepared initially and inflated to 216 later. At that time, there were no concrete guidelines for allocation of coal blocks as coal mining was largely restricted to PSUs and many geographic locations were seen as unsuitable for profitable mining. The guidelines were periodically revised through 1993, 1998 and 2003.
Announced Reforms In Coal Sector. Commercial mining of coal allowed, with 50 blocks to be offered to the private sector. Entry norms will be liberalised as it has done away with the regulation requiring power plants to use "washed" coal. Coal blocks to be offered to private companies on revenue sharing basis in place of fixed cost.
New Delhi: A Delhi court Wednesday sentenced former coal secretary Gupta to three years in prison, days after he was convicted in a case stemming from irregularities in the allocation of coal blocks in West Bengal under UPAII. Two other IAS officers — Kropha and Samria — convicted in the case were also awarded three years in ...
allocation to coal production, advance submission of development schedule by the allocate and cancellation of allocation for nonadherence. Sectorwise allocation of coal blocks So far 208 coal blocks have been allocated to various public/private sector companies including Ultra Mega Power Projects of 4000 MW each being set up in Madhya
Gupta has been embroiled in one of the most highprofile corruption scandals of the past two decades, the coal allocation "scam" or " Coalgate " as it is popularly known. It is centred on ...
India imports around 240 million tonnes (mt) of coal a year valued at about ₹ lakh crore. The 41 mines opened for auction now can hit a peak production of 225 mt in 202526, saving foreign exchange. A High Powered Expert Committee (2017) recommended a shift from the allocation of coal blocks for own consumption to commercial mining.
The Government approved the fading away of the existing Letter of Assurance (LoA) Fuel Supply Agreement (FSA) regime and introduced Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India (SHAKTI), 2017, which was issued by the Ministry of Coal on 22 May 2017. The Government also approved amendments to the SHAKTI Policy ...
Ministry of Coal 2020 government schemes for UPSC 2020 exams. Ministry of Coal scheme 2020 launched by the Government of India with the aim of addressing the socioeconomic welfare of the citizens of this nation. ... The objective is to bring transparency in the coal allocation ... collectively developed the UTTAM application for all citizens ...
![[Indepth] [Updated] Coal Sector in India IAS EXPRESS](/pmulwvg/97.jpg)
The coal reserves in India are some of the largest in the world (5th biggest reserve). Most of the coal deposits in India is of the bituminous type. These are mostly noncoking coal. This is the reason for our import dependence in the sector. Most of the coal deposits in India is of the Gondwana type (about 99%).
Energy security in India revolves around coal sector, which has dominant use in three core sectors power, steel, cement. Coal Industry itself too is part of core sector. Apart from this there is inconsistent demand from small scale industry involved in brick manufacturing or ceramics. There is increased impetus on moving away . Continue reading "India's Energy Security: Coal Sector"
Introduction. India has the fourth largest coal reserves in the world. It is estimated to be around billion tonnes of which not even 1 billion tonnes is extracted in a year. The majority of extracted coal is used for electricity production. The remaining coal is used for cement, steel and other industries.
Statement 1: India is the largest producer of coal in the is indeed the largest producer of coal in the world. As of 2020, India's coal production accounted for approximately % of the global coal production. The country has abundant coal reserves, which have been a significant factor in its energy production and industrial 2: Jharkhand, Odisha, and ...
It is a process in which coal is partially oxidised with air, oxygen, steam or carbon dioxide to form a fuel gas. This gas is then used instead of piped natural gas, methane and others for deriving energy. India has a reserve of 307 Billion tonnes of thermal coal and about 80% of coal produced is used in thermal power plants.
Thermal Power Plants (part of 78000 MW) that could not be commissioned by Financial Year 2015 would be eligible for coal drawl if the plants have been commissioned before Financial Year 2022. The allocation of linkages for the power sector would be auctionbased or through Power Purchase Agreement (PPA) based on competitive bidding of tariffs.
What the coal blocks cases are about? In the early 1990s, the government decided to allocate to private companies coal blocks and a list of companies was prepared. In March 2012, a leaked draft report of the Comptroller and Auditor General (CAG) revealed irregularities in the allocation and pegged the loss to the exchequer at Rs lakh crore.
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