Business Standard
Thursday, Feb 09, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Govt may allot some coal blocks in 'no-go' areas for UMPP
Press Trust of India / New Delhi Sep 03, 2010, 14:53 IST

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.

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," Shankar said.

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.

Power Ministry plans to add a substantial amount of electricity generation capacity from these projects in the XIIth 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.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Wall Street edges up on Greece, Disney earnings
- Indirect tax collection up 15% during Apr-Jan
- Mahindra to launch compact Xylo by Diwali
- Sahara renews 5-yr sponsorship deal with Indian hockey
- Mauritius hopeful of addressing DTAA issue with India
  Read Business news in 
- Get 5% cashback on telephone bills with Citi
- Earn fuel worth Rs.2400 with Citi
- Now property search gets more exciting than ever before!
- Office 365 for professionals and small businesses.
- Be part of it The World's Largest Aircraft.
- Only Developer to give a guarantee on time space & rate.
- Financial Learning now made easier and more convenient.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Are You Serious About Your Future? Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- UP clocks record 62% polling in Phase -I
- Re-rated too early
- Bharti: Profitability under stress
- Thomas Cook?s India exit triggers industry frenzy
- How to talk more & spend less
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
Ambassador car |  Uttarakhand |  TCS |  Sarfaesi Act |  Vodafone |  DZire |  Aakash tablet |  Sodexo |  NHAI |  Companies Bill 2011 |  Playbook |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  FDI in retail |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  TCS |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us