Allocation process was arbitrary, discretionary and nontransparent. There was no consideration of Merit, no Price discovery mechanism for national resources (Auction is price discovery mechanism). ... Allocation of coal blocks for composite prospecting licensecummining lease; It will help in increasing of the inventory of coal, lignite ...
In a case involving Vikash Metal Power Ltd, the trial court had acknowledged that the role of other Ministries in the allocation process could not be said to be above board. It noted that various acts of omission and commission could possibly be attributed even to the Coal Ministry's Under Secretary, who was the prosecution's star witness.
The Hunter Valley coal export supply chain in New South Wales, Australia, is of great importance to the Australian economy. Effectively managing its logistics, however, is challenging, because it is a complex system, covering a large geographic area and comprising a rail network, three coal terminals, and a port, and has many stakeholders,, mining companies, port authorities, coal ...
In December 2012 the Energy and Resources Minister, Michael O'Brien, stated that an announcement would be made in mid2013 on the next stage in a coal allocation process. Another key target for Exergen is securing funding under the joint state and federal governments 90 million Advanced Lignite Demonstration Program.
The 2015 Bill primarily seeks to allocate the coal mines that were declared illegal by the Supreme Court. It provides details for the auction process, compensation for the prior allottees, the process for transfer of mines and details of authorities that would conduct the auction. In December 2014, the ministry notified the Coal Mines (Special ...
The coal allocation process was a nontransparent process with a lack of competitive bidding to provide a fair chance to every enterprise. The administrative backing through a statute would improve transparency with the committee's obligation to dispense administrative decisions according to the authority stated in the statute. Any action in ...
Though the CBI had filed a closure report in the coal block allocation case, ... of quid pro quo and the case is based upon the process of governmental decisions," Singh had said in his 184page ...
Auction/Allotment. Coal mining in India has been metamorphosed as far as the policy framework is concerned. From an earlier restrictive model, we have moved on to granting coal mining blocks pursuant to a competitive bidding process, and from prescribing specific enduse to permitting commercial sale of coal. The auctionbased regime introduced ...
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 ignored. Worse they call bank licencing similar to the coal allocation process:But it speaks volumes about the so ...
Allocation of coal blocks has come with its own set of controversies, tainting the image of the government of the day. ... As part of this process, on March 25, the Coal Ministry said that it ...
Chapter 2 The eAuction: Design and Process The legal framework for allocation of cancelled coal blocks was provided through the Coal Mines (Special Provisions) Act, 2015 (preceded by the two Ordinances in October 2014 and December 2014), Coal Mines (Special Provisions) Rules, which were followed by issue of Standard Tender Document (STD).
Where the United States gets its coal. In 2021, about 577 million short tons of coal were produced in 21 states. Surface mines were the source of 62% of total coal production and accounted for 65% of the total number of producing mines. About million short tons, or less than % of total coal production, was refuse recovery coal.
The 100 billion in annual climate aid that rich countries had agreed to shore up by 2020 came through, three years late. Countries approved a new fund to pay poor countries for the losses and ...
Flows—Carlyle Coal Company Splitoff point Mining costs 270,000 Higrade coal 15,000 units Sales value 300,000 Lograde coal 30,000 units Sales value 450,000 Allocation of Joint Costs A joint cost is a cost of a manufacturing process with several different outputs. For example, coal of different quality can come from the same mine.
Coal Allocation: The full story. Coal mines in India are being opened for commercial mining for the very first time. While launching the auction process, the Prime Minister said coal mining will pave the way for development in the tribaldominated areas. But many experts believe that it will lead to natural calamities, displacement, and pollution.
Also, the Coal allocation process should be simplified, based on important and minimal review of key industry criteria. Refund of royalty paid by mineral processing industries as Royalty is paid by all processing industries when purchasing minerals from Mines or the open market as the Royalty value is factored into the mineral selling price ...
GoI enables allocation of coal mines through auctions by enacting the Coal Mines (Special Provisions) Act, 2015. In February 2018, CCEA permitted entry of private firms in commercial coal mining in the country. ... The app aims to ensure transparency and efficiency in coal quality monitoring process and bring coal governance closer to people.
The Company has n coalfired thermal power plants (PP1, PP2, PP3 Footnote 3, etc.) of varying generating is allocated to these power plants from m coal sources (CS1, CS2, CS3 Footnote 4, etc.).While the first m1 coal sources represent domestic coal sources, the last,, the mth coal source, represents imported allocation of coal from the domestic coal sources is ...
In surface mining, the ground covering the coal seam (the overburden) is first removed to expose the coal seam for extraction. The elements of a surface mining operation are (1) topsoil removal and storage for later use, (2) drilling and blasting the strata overlying the coal seam, (3) loading and transporting this fragmented overburden material (called spoil), (4) drilling and blasting the ...
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 ...
Coal is a black or brownishblack sedimentary rock that can be burned for fuel and used to generate is composed mostly of carbon and hydrocarbons, which contain energy that can be released through combustion (burning). Coal is the largest source of energy for generating electricity in the world, and the most abundant fossil fuel in the United States.
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