The coal ministry has asked five firms, including Jindal Steel and Power and GVK Power, sitting idle on the coal blocks allocated to them for captive use, to either begin production or it would cancel their licences.
“The allocatee is hereby warned and directed to develop the block without any delay. Any further failure in the development of the block would lead to necessary action... including de-allocation of the coal block,” according to the warning letter sent by the ministry to the five firms.
JSPL was warned for delaying the development of Utkal-B-1 block, which the coal ministry had allocated to it in 2003 for supply of coal to the proposed two million tonnes per annum (MTPA) sponge iron plant, 8,000 tonnes capacity ferro alloys plants in Orissa, and proposed power plants in Orissa.
GVK Power (Govindwal Sahib) was issued letter for significant delay in developing Tokisud North coal block.The other companies which were issued warning letters are Damodar Valley Corporation for Khagra Joydev coal block, Jharkhand State Mineral Development Corporation for Latehar coal block and Bihar Sponge Iron for Macherkunda coal block.
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