The Apex Court in its last judgment declared that almost 200 Coal blocks allotted since 1993 are illegal and at the same time, it adjourned the hearing on 1 Sep, 2014. In this context, the attorney general and central government had appealed to the court ‘not to cancel 46 allocated Coal blocks’, which are currently operational. In addition, they stated, the court can de-allocate the rest blocks, which are non-operational.
Meanwhile, the central government is also prepared for the prospect of the SC’s verdict to cancel all inappropriate Coal blocks allocated since 1993, which were declared illegal last week. Also, the government is ready to start Coal blocks auction process after the cancellation.
India, which relies on Coal to generate over 65% of electricity, is currently combating with Coal shortage. In this situation, the SC’s verdict for cancellation of Coal blocks is doubtful, as this may shatter power sector, which is already reeling under pressure.