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Chidambaram promises to table CAG report on coal blocks | Finance Minister P Chidambaram on Wednesday said that
CAG report on allocation of coal blocks would be tabled in both the Houses of Parliament. He assured that the report would soon be tabled in both the Houses. "This morning, we have issued notice to both Lok Sabha and Rajya Sabha, to request the speaker and the chairman to fix a date to lay the report on the table of both
Houses simultaneously," said Chidambaram. "Once they give us a date, we will lay
all three reports. One on coal, one the dial and one on the UMPP Sasan. All three
will be laid. There is no delay at all and I want you to make it clear that there
has been no delay whatsoever," he added. The Comptroller and Auditor General's
report on allocation of coal blocks between 2004 and 2009 without auction is expected
to peg the value of 'undue benefits' that the government extended to private entities
alone at more than Rs. 1.8 lakh crore. According to the draft CAG report on coal
allocation, undue benefits of Rs 15,849 crore to Reliance Power, by way of surplus
coal allocation for two of its Ultra Mega Power Projects (UMPPs). The draft report
pegs benefit to Reliance Power from surplus allocation for the Sasan UMPP at Rs
4,875 crore.
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