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Web Exclusive | June 2013

JSPL, TVNL get govt notices for not developing coal blocks

Jindal Steel and Power (JSPL) and Tenughat Vidyut Nigam received show-cause notices from the Union Coal Ministry on June 17 for not developing coal blocks allocated to them within the stipulated time-frame. The notices were issued to the companies for not beginning production from RamChandi Promotional CTL Block and Badam coal blocks respectively, according to the Coal Ministry. The crackdown is part of the government's exercise to ensure that the allocated blocks do not remain unproductive.

The development comes close on the heels of the Coal Ministry issuing show-cause notices to 23 firms, including SAIL, Monnet Ispat, NTPC and GVK Power earlier this month for not developing the mines allotted to them for captive use.

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