As many as 27 mines of Coal India having geological reserves of 1,200 million tonnes are yet to begin production, Parliament has been informed.
"As regards the non-producing mines of Coal India Ltd (CIL), there are 27 such coal mines," coal minister Piyush Goyal said in written reply to Lok Sabha.
The reasons for non production of CIL's mines are delays in obtaining statutory clearances, land acquisition, finalisation of contract, difficult geo-mining conditions and development of infrastructure facilities.
However, the minister said these coal mines are in different stages of implementation. Of these mines, five are in West Bengal, three in Jharkhand, seven in Chhattisgarh, four in Odisha and eight in Maharashtra, he said.
He further said that as per the information provided by the Coal Controller, Kolkata, coal production has not started in 178 captive coal blocks allocated to various companies. The reasons for non-production of the mines are pending statutory clearances at various levels.
However, he said the Supreme Court had cancelled the allocation of 204 mines out of 218 coal blocks.
Replying to another question, he said, that as on date, there are six ongoing projects of Coal India costing Rs 100 crore and above which are pending/yet to start contribution and implementation. The projects includes Jhanjra PSLW (R-VI) under ground mine and Narainkuri underground mine.
Of these, three projects are likely to start production next fiscal, one is likely to start in 2016-17 and one in 2018-19.
Private entity cannot hold more than 26% in coal venture
A private sector entity cannot own more than 26 per cent stake in public-private joint ventures for coal block allocations. However, if it is more than one private sector entity, the structure should be such that its stake does not exceed 49 per cent.
“This will ensure that the private party cannot veto board decisions,” a senior Coal Ministry official said. This will also enable Government entities to retain the majority stake. In seeking the Cabinet’s nod for the Coal Mines (Special Provisions) Bill, 2014 to replace the ordinance, the Government has proposed this change. A total of 92 blocks are being offered under the first round.
Bidding for blocks
While private companies would need to bid for the blocks, Central and State Government entities will receive allocations as per their requirement. Public sector enterprises can also enter joint ventures for the purpose.
The Bill, which replaces the ordinance, was cleared earlier this week with some changes.
"As regards the non-producing mines of Coal India Ltd (CIL), there are 27 such coal mines," coal minister Piyush Goyal said in written reply to Lok Sabha.
The reasons for non production of CIL's mines are delays in obtaining statutory clearances, land acquisition, finalisation of contract, difficult geo-mining conditions and development of infrastructure facilities.
However, the minister said these coal mines are in different stages of implementation. Of these mines, five are in West Bengal, three in Jharkhand, seven in Chhattisgarh, four in Odisha and eight in Maharashtra, he said.
He further said that as per the information provided by the Coal Controller, Kolkata, coal production has not started in 178 captive coal blocks allocated to various companies. The reasons for non-production of the mines are pending statutory clearances at various levels.
However, he said the Supreme Court had cancelled the allocation of 204 mines out of 218 coal blocks.
Replying to another question, he said, that as on date, there are six ongoing projects of Coal India costing Rs 100 crore and above which are pending/yet to start contribution and implementation. The projects includes Jhanjra PSLW (R-VI) under ground mine and Narainkuri underground mine.
Of these, three projects are likely to start production next fiscal, one is likely to start in 2016-17 and one in 2018-19.
Private entity cannot hold more than 26% in coal venture
A private sector entity cannot own more than 26 per cent stake in public-private joint ventures for coal block allocations. However, if it is more than one private sector entity, the structure should be such that its stake does not exceed 49 per cent.
“This will ensure that the private party cannot veto board decisions,” a senior Coal Ministry official said. This will also enable Government entities to retain the majority stake. In seeking the Cabinet’s nod for the Coal Mines (Special Provisions) Bill, 2014 to replace the ordinance, the Government has proposed this change. A total of 92 blocks are being offered under the first round.
Bidding for blocks
While private companies would need to bid for the blocks, Central and State Government entities will receive allocations as per their requirement. Public sector enterprises can also enter joint ventures for the purpose.
The Bill, which replaces the ordinance, was cleared earlier this week with some changes.
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