The Supreme Court, which had adjourned its hearing for 09 Sep, 2014, has reserved the order on Coal blocks allocation yesterday.
The Supreme Court in its hearing on 09 Sep, 2014 has reserved the order on Coal blocks allocation. The court has not given the next hearing date to pass the order. In the last hearing on 1 Sep, 2014, the government has left the future prospect of 218 Coal blocks – declared as illegal, by the Apex Court.
Steel & Power producers are seeking appointment for judicial commission. The panel will meet with producers to find facts on the Coal block allocation case. The central government yesterday again requested the court to save 46 allocated Coal blocks, out of which 40 blocks are currently operating and another 6 blocks are ready to produce 50 MnT Coal in 2014. They also suggested cancellation of non-operational blocks. Out of 40 functional mines, two mines are allocated to Ultra Mega Power Project (UMPP), which have not been declared as illegal in judgment on 25 Aug, 2014.
India relies on Coal to generate over 65% of electricity, is currently combating with Coal shortage. The central government fears that shutting down of these 40 Coal blocks could intensify the country’s power crisis caused by Coal shortage.