Govt reviews status of coal, lignite blocks

The Union government has reviewed the progress of over 100 coal and lignite blocks allocated to companies. The firms which came under scrutiny includes Hindalco, Essar Power, Jaiprakash Associates, Adani and Power Finance Corporation for captive use.

A Coal Ministry was quoted as saying, “On the second day of the two-day meeting, the government reviewed the development of coal blocks in various states like 0rissa, West Bengal and Madhya Pradesh among others, where blocks have been allocated to Hindalco, Essar Power, Adani Jaiprakash Associates and Power Finance Corporation and others.”

The Coal Ministry also reviewed the progress of lignite blocks in the state of Rajasthan and Gujarat allocated to companies, including Binani Cement and DCM Shriram Consolidated.

Cracking down on those who were sitting idle on blocks allocated for captive use, the Coal Ministry had last year cancelled the allotment to DVC, Andhra Pradesh Power Generation Corporation, Tenughat Vidyut Nigam, Bihar State Mineral Development Corporation and Jharkhand State Electricity Board.

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