Fri,July01, 2011
Considering NTPC's request to have a relook at the decision to cancel coal blocks, Indian coal minister Mr Sriprakash Jaiswal has asked the power major to come up with a fresh representation detailing steps taken to develop these blocks.
A ministry official told PTI that "NTPC chairman was asked by the coal minister to make a fresh representation of its five coal blocks which were recently deallocated by the ministry.”
The official said that the minister has asked NTPC to provide details of steps taken to develop these blocks and investments entailed in the process.
Citing NTPC's failure to develop the fields as a reason, the coal ministry had cancelled NTPC's five coal blocks Chhati Bariatu (South), Chatti Bariatu, Kerandari, Brahmini and Chichro Pastimal in May.
Earlier this month, the power ministry had requested the coal ministry to review the decision, saying that NTPC's plans to add 15,000 MW generation capacity were likely to be hit. Mr Arup Roy Choudhury CMD of NTPC had met coal minister Mr Sriprakash Jaiswal and requested him to have a re look at the decision to cancel the allotment of five coal blocks to the company.
(sourced from ET)
Considering NTPC's request to have a relook at the decision to cancel coal blocks, Indian coal minister Mr Sriprakash Jaiswal has asked the power major to come up with a fresh representation detailing steps taken to develop these blocks.
A ministry official told PTI that "NTPC chairman was asked by the coal minister to make a fresh representation of its five coal blocks which were recently deallocated by the ministry.”
The official said that the minister has asked NTPC to provide details of steps taken to develop these blocks and investments entailed in the process.
Citing NTPC's failure to develop the fields as a reason, the coal ministry had cancelled NTPC's five coal blocks Chhati Bariatu (South), Chatti Bariatu, Kerandari, Brahmini and Chichro Pastimal in May.
Earlier this month, the power ministry had requested the coal ministry to review the decision, saying that NTPC's plans to add 15,000 MW generation capacity were likely to be hit. Mr Arup Roy Choudhury CMD of NTPC had met coal minister Mr Sriprakash Jaiswal and requested him to have a re look at the decision to cancel the allotment of five coal blocks to the company.
(sourced from ET)
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