Narendra Modi's Washington test

Narendra Modi's Washington test

If Modi gets the world’s biggest power right, his pursuit of larger global goals...
Small banks or banks for ‘small’ people?

Small banks or banks for ‘small’ people?

Unless appropriate sub-limits are imposed on loans, there is a serious...

CoalMin knocks Cabinet’s door over green clearances

Feb 01 2013, 08:46 IST
Comments 0
There are 19 projects awaiting clearance from the environment ministry belonging to different subsidiaries of Coal India. (Reuters) There are 19 projects awaiting clearance from the environment ministry belonging to different subsidiaries of Coal India. (Reuters)
SummaryCoal ministry said delayed environment clearances may wreak havoc on its production plans.

With delays plaguing 39 coal mining projects, the coal ministry has decided to approach the Cabinet Committee on Investment (CCI) for clearing the hurdles.

The newly-formed CCI is expected to take up these projects in its next meeting likely within a fortnight.

In a note to the CCI on December 27, the coal ministry said while delayed environment clearances may wreak havoc on its production plans, there are other bottlenecks which have hampered operations of its planned power projects entailing an investment of nearly Rs 14,000 crore.

There are 19 projects awaiting clearance from the environment ministry belonging to different subsidiaries of Coal India.

These stranded projects have reserves worth 144 Million Tonne annually and can potentially feed around 35 power turbines on a sustained basis for the next five years.

CIL has set a target of producing 464 MT coal this financial year against a production level of 435 MT during the last one.

Although the system of ‘go’ and ‘no-go’ have been dismantled, the CCI is expected to deliberate on the continuing bottlenecks impeding implementation.

The coal ministry says that the ground situation has not changed much and fresh applications for green clearances are being treated on the same parameters.

The ministry said that average pendency of for processing renewal cases in the environment ministry has been more than three years for Stage-I clearance and four years for the next stage.

It has asked for the introduction of e-filing of applications for environment and forest clearances without further delay. The Cabinet committee is likely to examine the suggestion to cut down delays and ensuring transparency from at all levels.

Ads by Google

More from Business

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...