Bid to save coal blocks

Ranchi, Nov. 24: Jharkhand government is planning to oppose an inter-ministerial group's recommendations to cancel two coal blocks of Jharkhand State Mineral Development Corporation (JSMDC), which is also under the CBI scanner.

On November 20, the inter-ministerial group on coal recommended de-allocation of two blocks of JSMDC ' Rabodh and Patratu ' cracking its whip on the state-owned PSU for failing to develop the mines.

"We are going to write to the Union coal ministry requesting the authorities not to take any extreme step, as the state government is keen on developing the blocks in question. We have already selected private companies for joint venture on public-private partnership mode to develop Rabodh, Patratu and another (Pindra-Debipur-Khaowatand) block," additional chief secretary A.K. Sarkar said.

Initial reports suggested that only one coal block belonging to JSMDC was de-allocated. However, now its seems another one has been added to the list.

Sarkar, who heads the state mines and geology department, said they had not been officially informed about the recommendations, as the Union coal ministry was yet to take a final decision on the matter.

"Nevertheless, we will be sending a letter to the authorities in a day or two so as to pre-empt any move by the ministry to de-allocate the blocks," he said.

Sources said the state government would approach the Union coal ministry by Monday. Chief minister Arjun Munda, who left for Gujarat today, will return to Ranchi tomorrow evening after formally inaugurating the Jharkhand Pavilion at the India International Trade Fair in Delhi.

Patratu and Rabodh coal blocks in South Karanpura and West Bokaro coalfields respectively were allotted to the state mining entity in 2007. But JSMDC, due to various problems related to lack of manpower and infrastructure, was unable to develop the two mines as well as Pindra-Debipur-Khaowatand that was allotted in 2006.

The PSU was prompted to opt for joint venture to develop the blocks.

During the bidding process, Jindal Steel and Power Limited was shortlisted to develop Patraru that has a deposit of 450 million tonne (MT), while Adhunik Group company Orissa Manganese and Minerals was selected for Rabodh (133MT).

While JSPL quoted a price of Rs 2,160 per tonne of coal, the Orissa Manganese and Minerals pitched for Rs 3,400 per tonne.

Both are opencast mines possessing deposits of high-grade ore.

However, the government's efforts to develop the mines have been jinxed from the beginning.

In August, Raj Bhavan sent back the proposal to involve private partners, asking the government to get a cabinet nod. The government sent the proposal again after gaining cabinet approval, but the governor rejected it.

On November 20, the government was informed by the CBI that its ongoing probe into coal block allocations extends to all eight coal blocks of JSMDC, including Patratu and Rabodh.

  • Ford Ecosport: A closer look
  • Hyosung GV650 Aquila Pro

    Hyosung GV650 Aquila Pro

    Wed 15 May, 2013
    Hyosung GV650 Aquila Pro

    Cruiser motorcycles might not be very popular in India, but there is still a segment of buyers who prefer to buy these body style of bikes. While there is little option at the lower end of the segment, at high price brackets there are quite a few alternatives. Earlier this year, DSK Motowheels launched the Hyosung GV650 Aquila Pro, which offers quite a lot to the cruiser enthusiast. Priced at Rs. 5.46 lakhs (Mumbai), the GV650 is significant value.

  • India's top 10 best selling SUVs

    India's top 10 best selling SUVs

    Wed 15 May, 2013
    India's top 10 best selling SUVs

    SUVs have become the most favoured body style in the world. So which are the hottest SUVs available in India?

  • Narendra Modi

    Narendra Modi

    Yahoo! India News - Fri 23 Nov, 2012
    Narendra Modi

    From shaking up the very foundations of the Indian government to stirring up unseemly controversies, from showing incredible courage in the face of extreme adversities to losing a reputation built over years of hard work in just a blink of an eye, from setting the electoral hustings afire with golden speeches to getting into trouble for not speaking at all, there were many 'newsmakers' in 2012 who caught the common man's imagination. Some made it for stellar reasons, others for all there is wrong with the society. Here are 12 'newsmakers' that deserve a mention.

  • Arvind Kejriwal

    Yahoo! India News - Fri 23 Nov, 2012

    From shaking up the very foundations of the Indian government to stirring up unseemly controversies, from showing incredible courage in the face of extreme adversities to losing a reputation built over years of hard work in just a blink of an eye, from setting the electoral hustings afire with golden speeches to getting into trouble for not speaking at all, there were many 'newsmakers' in 2012 who caught the common man's imagination. Some made it for stellar reasons, others for all there is wrong with the society. Here are 12 'newsmakers' that deserve a mention.

  • Malala Yousafzai

    Malala Yousafzai

    Yahoo! India News - Fri 23 Nov, 2012
    Malala Yousafzai

    From shaking up the very foundations of the Indian government to stirring up unseemly controversies, from showing incredible courage in the face of extreme adversities to losing a reputation built over years of hard work in just a blink of an eye, from setting the electoral hustings afire with golden speeches to getting into trouble for not speaking at all, there were many 'newsmakers' in 2012 who caught the common man's imagination. Some made it for stellar reasons, others for all there is wrong with the society. Here are 12 'newsmakers' that deserve a mention.

  • Road Test and Review: Ford EcoSport

    The Ford EcoSport has been an object of infatuation since it broke cover at the Delhi Auto Expo in 2012. It basked in the limelight for a year and a half for three reasons – an unconventionally attractive design, the … Continue reading →

  • Spot fixing: Three cricketers questioned together

    New Delhi, May 18 (IANS) Three Rajasthan Royal players, S. Sreesanth, Ajit Chandila and Ankit Chavan, arrested for alleged spot fixing in IPL cricket matches, were Saturday questioned in each others presence by Delhi Police, an official said.

  • Rahul Gandhi criticises opposition for 'stalling' Food Bill

    Thiruvananthapuram/New Delhi, May 19 (ANI): Congress Vice President Rahul has criticised the opposition parties for stalling the Food Security Bill in Parliament, and asserted the UPA government was determined to enact the legislation for the benefit of people.

  • Hell in a cell: Tears, regret and no sleep
    Hell in a cell: Tears, regret and no sleep

    New Delhi, May 18 -- In an ironic twist of fate, S Sreesanth's first night in police custody was spent in the confines of the same room where his fate was gradually being sealed over the past month.The Indian pacer, sources told HT, was lodged in the retiring room-cum-office chamber of slain inspector Badrish Dutt, and is sharing the usual 'daal-roti' fare prepared by a Bengali cook at the official mess. ...

  • Manmohan Singh only power centre in UPA Govt.: Digvijay Singh

    New Delhi, May 18 (ANI): Congress general secretary Digvijaya Singh has said that Prime Minister Manmohan Singh is the only power-centre in the UPA Government and calls all shots.

  • Saudi woman creates history by reaching Mount Everest summit

    London, May 19 (ANI): A Saudi woman has become the first female from the country and the youngest Arab to reach the summit of Mount Everest - the world's highest mountain.

  • Development alone is the solutions to problems faced by India, claims Modi

    Rajnandgaon (Chhattisgarh), May 19 (ANI): Gujarat Chief Minister Narendra Modi has said that development in all spheres is the sole key and formula of solutions to the problems faced by India.

Related Videos

Yahoo! Cricket

Loading...