Govt may allot some coal blocks in 'no-go' areas for UMPPs

New Delhi: The government today said that some of the coal blocks lying in the "no-go" areas, which could not be used for mining, may be shifted to the go-areas, a move to expedite clearance for ultra mega power projects (UMPPs), reports PTI.

Ministry of environment and forests has classified certain coal blocks as no-go areas i.e. the areas, where there is a dense cover of forests and mining cannot be done.

"We are working on them...some (coal blocks) could be accommodated through boundary adjustment... some could go from no-go to go areas," power secretary P Uma Shankar told reporters here.

"We will keep environment concerns in mind and manage both (capacity addition and environment) for the development of the power sector," Mr Shankar said.

The ministry of power has further extended the date of submission of initials bids for the Chhattisgarh ultra mega power project, as the coal mines allotted for the project fall under the no-go area and await environment clearance.

Coal block allocated for a similar project in Orissa is also awaiting environment clearance.

The power ministry plans to add a substantial amount of electricity generation capacity from these projects in the Twelfth Five Year Plan Period (2012-17).

Delay in the bidding process of these projects could derail the ministry's mega capacity addition plans.

He added, not only power projects, captive projects for steel...they could also have difficulty.

As many as 18 coal blocks are awaiting environment clearance.

Meanwhile, coal minister Sriprakash Jaiswal had earlier said that the companies, which have made significant investments in blocks, which were declared in no-go areas could be given priority.

User

A looming crisis

China’s property market is in a very big bubble that may last until the government increases interest rates and introduces a real-estate tax to curb prices.

Read Article...

User

The chip that drives Apple’s gizmos

The A4 silicon is behind most of the tech giant’s latest offerings.

Read Article...

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)