JSW, Bhushan, Monnet lose coal mines
Agencies: New Delhi , Nov 23 2012, 21:01 IST
block in the state of Jharkhand allocated to Domco Smokeless Fuel(P) Ltd, Ranchi."
With regard to North Dhadu coal block jointly allocated to four firms, including Adhunik Alloys & Power and Electrosteel Castings said, the ministry said, "It has been decided to deallocate the North Dhadu coal block...In addition, it is further recommended by IMG the Bank Guarantee is complete is also forfeited (Rs 56.03 crore).
A total of 58 mines were issued show-cause notices for their failure to develop blocks within stipulated timeline.
The government had formed the IMG in July to review progress of coal blocks allocated to firms for captive use.
Mutual Funds Check for top funds
Stocks More on JSW Steel Ltd
Company INFO More on JSW Steel Ltd
Previous Story Panel axes health regulator bill Next Story CCI approves merger between two iGate group firms
Reader's Comments| Post a Comment
Be the first to comment.
