fraud allocation of coal process for recovery

Understanding the CoalGate Scam | How India's Coal Allocation Process ...

The CoalGate scam, also known as the Coal Allocation Scam, was a largescale corruption scandal that rocked India's energy industry. The scam involved the il...

Coal Mining and Processing The National Academies Press

Although the United States has the vast coal resource described in the previous chapter, perhaps as much as 4 trillion tons, the key issue for policy makers is the amount of coal that is economically is not a fixed quantity, but depends on the geological resource, the market price, and the cost of mining. The particular characteristics of the coal mining industry create unique ...

EU recovery plan: Provisional agreement reached on REPowerEU

The EU is accelerating the end of its dependence on Russian fossil fuel imports. Negotiators of the Council and the European Parliament have reached a provisional agreement on the REPowerEU proposal which aims to strengthen the strategic autonomy of the Union by diversifying energy supplies and boosting the independence and security of the ...

Departments of Treasury and Energy Release Additional Guidance on ...

WASHINGTON, As part of the BidenHarris Administration's Investing in America agenda, the Department of the Treasury, the Department of Energy, and the Internal Revenue Service (IRS) today released additional information on key provisions in the Inflation Reduction Act to strengthen energy security and drive investment to hardhit coal communities and underserved ...

An Insight On Coalgate Scam | India's Largest Scam : EduMound

The Coalgate scam or the Coal block scam is one of the largest scam in history of India which was uncovered by a draft report of the CAG which revealed irregularities in coal allocation. The allocation was carried out by the UPA government which was arbitrarily done without a competitive bidding process not giving a fair chance to general ...

In pursuit of fairness in the coal scam trials Bar and Bench

It has been a decade since the country was engulfed by the coal allocation scandal. A 2012 report by the Comptroller and Auditor General (CAG) declared that the Coal Ministry's failure to adopt competitive auctions for coal blocks led to gains worth ₹ lakh crore for private actors. The public discourse rapidly degenerated into treating this entire sum as a loss to the exchequer.

PDF Evaluation of emergency rescue ability based on RSIPA ... Springer

ing preparations, timely emergency handling, and scientic postmortem recovery have greatly aected the loss degree and frequency of coal mine emergencies (Tong et al. 2015; Guo et al. 2020). Since the construction of a scientic evaluation index system for coal mine emergency rescue capability is the rst step to reduce coal mine safety acci

Indian Coal Allocation Scam Academic Accelerator

The coal allocation fraud, dubbed 'Call Gate' in the media, is a major political scandal involving the Indian government's allocation of the country's coal reserves to Public Sector Enterprises (PSEs) and private companies. ... However, Gupta has denied any involvement with IST Steel and denies affecting the coal allocation process.

Coalgate: The real scam in India's coal sector has gone unnoticed

ET Bureau. DELHI: With the Supreme Court asking if the Centre even had the authority to allocate coal blocks, CoalGate is back in the news. Last year, when CoalGate was triggering much outrage in newspapers and TV studios, fundamental questions like these had entirely eluded the media's scrutiny. After a draft report by the Comptroller and ...

Coal Scam: India's Controversial Allocation

The process of coal block allocation in India involved the government allocating coal reserves to public sector companies and private firms for coal mining and other commercial purposes. The Comptroller and Auditor General (CAG) of India conducted an audit and found that the process lacked transparency and had been manipulated to favor certain ...

Coal Gasification with Exergy Recuperation and CO2 Recovery

Coal is pivotal in the power generation plant and accounts for about % of the share of the global power mix [].In power generation, compared to the Rankine cyclebased steam turbine, the Brayton cyclebased gas turbine with rapid response shows better performance [].Moreover, the hightemperature exhaust produced from the gas turbine can be fed into a heat recovery steam generator (HRSG ...

Fraud recovery law and practice from a Hong Kong legal perspective

Insights. Fraud recovery law and practice from a Hong Kong legal perspective. 16 July 2021. With more employees working from home amid the coronavirus pandemic, the rise in email and cyber fraud scams has been appalling. Civil court proceedings can often assist victims in tracing and recovering their wrongfully stolen funds.

Coal scam: FIR against industrialist Kumar Mangalam Birla, former coal ...

New Delhi, UPDATED: Oct 15, 2013 19:24 IST. The CBI on Tuesday lodged a case against industrialist Kumar Mangalam Birla, as a representative of Aditya Birla Group company Hindalco, and former Coal Secretary Parekh on charges of conspiracy and corruption in connection with alleged irregularities in allocation of coal blocks eight years back.

Indian coal allocation scam Wikipedia

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 ...

The EU's expenditure | Fact Sheets on the European Union | European ...

The annual budgets must respect the limits set out in the multiannual framework. EU expenditure for totals EUR 1 billion, consisting of EUR 1 billion for the MFF and EUR 750 billion for the NGEU. The MFF budget will be increased by a further EUR 11 billion thanks to the programmespecific adjustment set out in Article 5 of ...

Coal Scam Case: In Detailed Judgment, Huge Relief For Manmohan Singh

A judgment which convicted three former coal ministry officials for corruption in one of the cases related to the coal scam on Friday has also given a huge relief to former Prime Minister Manmohan ...

Explained: What coal blocks cases are ED, CBI investigating, and what ...

The Supreme Court last week asked the Enforcement Directorate to file by July 15 a status report on the over 50 cases of money laundering it is probing in connection with the coal blocks allocation directions came in a case where the ED had pleaded that four officers be relieved since their tenure in the agency was complete.

What is the Genesis of Coal Block Scam in India? Unacademy

One such fraud was the Coalgate scandal, in which the UPA government was accused of assigning coal blocks without a competitive bidding procedure. ... Act of 1973 would allow domestic and international enterprises to participate in the coal block allocation case process. The revised legislation, which would make auctions mandatory for the ...

Fraud Detection Prevention: How To Do It Solutions | SEON

Detecting fraud is the first step in identifying where the risk lies. You can then prevent it automatically or manually using fraud detection software, RiskOps tools, and other risk management strategies. Beyond the technological tools put in place for prevention and detection, a holistic fraud program includes:

Twostage robust stochastic scheduling for energy recovery in coal mine ...

1. Introduction. Many countries have signed the Paris Agreement to achieve the goal of global CO 2 emission decline by 2050 [1].In China, energy consumption highly depends on coal which accounts for 64% of total energy generation [2].In the process of coal mining and production, a considerable amount of greenhouse gas is emitted due to the low energy utilization efficiency.

High Risk of Fraud in the Coal Industry

According to the International Energy Agency (IEA), the coal industry accounted for almost 40% of electricity generation and more than 40% of energyrelated carbon dioxide emissions in 2019. Even as the coal industry struggles in the United States and Europe, it remains powerful globally, and, while the pandemic drove a drop in coal demand in 2020, IEA forecasts a rebound for coal demand in ...

7 things you wanted to know about 'Coalgate' Business Standard

In a nutshell, the coal allocation scam, or 'Coalgate' as it is popularly referred to in the media, is a political scandal that engulfed the UPA government in 2012. The scam came to light after the Comptroller and Auditor General of India (CAG) accused the government of India for allocating 194 coal blocks to public and private enterprises ...

The IRA's transformative tax incentives for solar energy projects and ...

To be eligible for the credit, a taxpayer must apply for and be awarded a tax credit allocation by the Department of the Treasury 4 billion is set aside for qualifying projects in census tracts in which a coal mine or coal power plant has closed and in which no project received a 48C credit allocation in prior years.

Sorting the tax consequences of settlements and judgments

The receipt or payment of amounts as a result of a settlement or judgment has tax consequences. The taxability, deductibility, and character of the payments generally depend on the origin of the claim and the identity of the responsible or harmed party, as reflected in the litigation documents. Certain deduction disallowances may apply.