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Notice to Centre on irregularities in coal block allocations | | The Supreme Court on Friday issued a notice to the Govt on alleged irregularities in coal block allocations. The apex court's action comes in response to a PIL filed by lawyer Manohar Lal Sharma demanding cancellation of coal blocks
allotted by the UPA government. The apex court has given the government eight
weeks to respond to the notice. On Thursday, the Inter-Ministerial Group (IMG)
on coal blocks allocation had recommended de-allocation of four mines allotted
to private firms and encashment of bank guarantee of three others on the ground
of non-development of mines within a prescribed time. The IMG, in its meeting,
deliberated upon the cases of five companies which were allocated eight coal blocks
and recommended four blocks, namely - Bramhadih Block allocated to M/s Castron
Mining Limited, Chinora and Warora (Southern Part) Blocks allocated to M/s Fieldmining
and Ispat Limited, Lalgarh (North) Block allotted to M/s DOMCO Smokeless Fuels
Pvt. Limited, for de-allocation and deduction of Bank Guarantee in case of Marki
Mangli-II, III and IV Blocks allocated to M/s Shri Virangana Steels Limited. It
also recommended that in the case of Utkal B2 Block allocated to M/s Monnet Ispat
and Energy Limited, where there was substantial progress but no provision for
BG, the allocattee may be asked to submit BG amounting to three years royalty
within a period of one month from date of letter in this regard failing which
the block may be deallocated. IMG has been reviewing progress of coal blocks deliberated
upon the action to be recommended in individual cases. The IMG had earlier heard
the coal block allocattees who were invited to make presentations from 6th to
8th September 2012, and also obtained a status paper from Coal Controller/Ministry
of Coal. The IMG deliberated upon the broad parameters, which may constitute substantial
progress of coal block and decided that purchase of GR, Approval of Mining Plan,
Grant of Environment Clearance, status of Forest Clearance and progress made in
land acquisition shall constitute a basic requirement for evaluating progress.
Physical status of End Use Plant (EUP), investment made and expected date of opening
of mine and commissioning of EUP shall also be a material consideration. Where
there is no provision for Bank Guarantee (BG) and the block is not found fit for
de-allocation and there is substantial progress, the IMG may recommend that the
allocattee may be asked to submit a Bank Guarantee. The amount of Bank Guarantee
that may be asked for would be fixed factoring in the time elapsed since the date
of allotment.
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