Sat,Oct29, 2011
PTI reported that the coal ministry will display within 15 days the list of 54 coal blocks to be allocated through competitive bidding and government nomination.
A 3 official said that "In another 15 days, we will come out with the list of 54 coal blocks to be given away through competitive bidding and government dispensation route." He added that the list of blocks will be displayed on the ministry's website.
He further said that these 54 blocks will be hopefully allocated in 2011.
Earlier the ministry had indicated that certain blocks out of 54 acreages that were tipped to be put up for competitive bidding will be awarded on a nomination basis. The government had not identified the reserves to be given either through nomination or competitive bidding.
The official said that "The exercise for identifying the blocks is under way."
In September 2011, the ministry had said it would allocate five blocks to NTPC through the dispensation route to help the state run power generating company meet requirement of its four thermal projects.
Mr Sriprakash Jaiswal coal minister had said in May 2011 that the proposed competitive bidding round for coal blocks in the country would be held soon. The proposal for auctioning the blocks through competitive bidding was first mooted for the first time over two years ago.
(Sourced from PTI)
PTI reported that the coal ministry will display within 15 days the list of 54 coal blocks to be allocated through competitive bidding and government nomination.
A 3 official said that "In another 15 days, we will come out with the list of 54 coal blocks to be given away through competitive bidding and government dispensation route." He added that the list of blocks will be displayed on the ministry's website.
He further said that these 54 blocks will be hopefully allocated in 2011.
Earlier the ministry had indicated that certain blocks out of 54 acreages that were tipped to be put up for competitive bidding will be awarded on a nomination basis. The government had not identified the reserves to be given either through nomination or competitive bidding.
The official said that "The exercise for identifying the blocks is under way."
In September 2011, the ministry had said it would allocate five blocks to NTPC through the dispensation route to help the state run power generating company meet requirement of its four thermal projects.
Mr Sriprakash Jaiswal coal minister had said in May 2011 that the proposed competitive bidding round for coal blocks in the country would be held soon. The proposal for auctioning the blocks through competitive bidding was first mooted for the first time over two years ago.
(Sourced from PTI)
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