News Brief | October 2014
15 coal blocks missed govt list for exemption
Though the government made a case in the Supreme Court for exempting 46 coal blocks from de-allocation, another 15 blocks have ready projects but did not make it to the list. Among companies that could have seen the government pleading on their behalf were Hindalco, Essar and Jindal Steel & Power. The Supreme Court had ruled on August 25 the allocation of captive coal mining rights in 194 blocks illegal. The government in an affidavit filed on September 8 had said it was not insisting on an exemption. Under the coal block allocation policy followed since 1993, captive mining rights were given out to companies in the steel, power, cement, coal-to-liquid and coal-to-gas sectors. Commercial mining of coal is still not allowed.