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Government Cancels Coal Block Jointly Allocated to NTPC & JKSPDC

Coal News - Published on Thu, 22 Aug 2019

Image Source: ET
PTI reported that the central government has cancelled the joint allocation of a coal block in Odisha to state-owned NTPC and Jammu & Kashmir State Power Development Corporation. NTPC and Power Development Department, Jammu and Kashmir, had earlier requested the coal ministry for cancellation of the coal block. The coal ministry said in a letter to both the companies "It has been decided, with the approval of competent authority in the Ministry of Coal, to cancel the allocation of Kudanali-Luburi coal block jointly allocated to NTPC Ltd and Jammu & Kashmir State Power Development Corporation Ltd."

The coal block, in the Talcher Coalfield of Odisha, has a reserve of 396.10 million tonne.

The ministry further said there is no provision under the Mines and Minerals (Development and Regulation) Act, 1957, and the rules made thereunder to allocate fresh coal block in lieu of a cancelled coal block.

Source :

Posted By : Sanju Moirangthem on Thu, 22 Aug 2019
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