Introduction: The Centre launched the auction of 41 coal blocks for commercial mining, with the Prime Minister formally giving the green signal and expressed optimism that it will help in reducing dependency on imports. The move is aimed at reviving the auction process, which has remained in limbo with only 31 coal blocks having . Continue reading "RSTV: THE BIG PICTURE INDIA'S COAL ...
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Gupta has been embroiled in one of the most highprofile corruption scandals of the past two decades, the coal allocation "scam" or " Coalgate " as it is popularly known. It is centred on ...
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Allocation of coal blocks for composite prospecting licensecummining lease; ... Simplified the process of the mining plan approval process from 90 days to 30 days. ... revolutionised and simplified the way aspirants prepare for UPSC Civil Services Exam. Today it's India's top website and an institution when it comes to imparting quality ...
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Apr 1, 2023 Coal is a naturally occurring Conventional Energy Resource which formed due to compaction and sedimentation during the Carboniferous period about 300 million years ago. It is the most important and abundant fossil fuel in India. It provides 55 percent of the country's energy requirements.
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To increase coal production, the focus of the Government is on accelerating domestic production of coal through the allocation of more coal blocks, pursuing with the State Government for assistance in land acquisition, and coordinated efforts with Railways for the movement of coal.
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What's new about the recent auction of 41 coal blocks is that this is the first time private players have been allowed to mine coal for commercial mining purposes, without any enduse ...
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The Tariff Commission is being involved in pricing of coal for the Power Sector and to suggest modalities for pricing of coal for other sectors. · Import of Coal has been liberalized and has been placed under the Open General License (OGL). Import duty has also been reduced to 5%. · Allocation process for captive coal blocks has been streamlined.
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A conscious effort has been made to ensure that a clean system can been adopted to allocate coal blocks. As part of this process, on March 25, the Coal Ministry said that it proposes to adopt a ...
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This will bring in predictability in the process and help bidders to plan and eliminate the need of bidding aggressively. It will open the coal economy to its full potentialdespite India having the world's 4th largest coal reserves, it has imported million tonnes (mt) of coal in 201920. This can save 1520 billion in annual foreign ...
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Advertisement. The CAG in its final report earlier this week said private firms are likely to rake in Rs lakh crore from allocation of 57 coal blocks without competitive bidding between 2005 and 2009. Coal minister Sriprakash Jaiswal in his statements to the press purported gains accruing to the companies was unviable: We do not agree with ...
WhatsApp: +86 18203695377![[Indepth] [Updated] Coal Sector in India IAS EXPRESS](/7b5ydht/313.jpg)
The coal reserves in India are some of the largest in the world (5th biggest reserve). Most of the coal deposits in India is of the bituminous type. These are mostly noncoking coal. This is the reason for our import dependence in the sector. Most of the coal deposits in India is of the Gondwana type (about 99%).
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India is highly dependent on coal for electricity generation. Nearly 60% of total electricity generated in India is from coal and it is the main source of the nation's greenhouse gas emissions. Nonfossil sources accounts for about 40%. The electricity generation from coalbased power plants in 202223 saw an increase of % over the previous ...
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Coal Production and dispatch . the year 2022 (up to November, 22), all India Coal production (CIL, SCCL Captive mines) is MT (Provisional) and Coal off take is MT (Provisional).Coal dispatch to Power Sector is MT (Provisional). the year 2022 (up to November, 22), EAuction by CIL and SCCL is MT.; Production Growth:
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Statement 1: India is the largest producer of coal in the is indeed the largest producer of coal in the world. As of 2020, India's coal production accounted for approximately % of the global coal production. The country has abundant coal reserves, which have been a significant factor in its energy production and industrial 2: Jharkhand, Odisha, and ...
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Note:. Coal India Ltd (CIL) is a public sector undertaking that is the largest coal producer and supplier in India.; It operates under the Coal Mines (Nationalisation) Act, of 1973, which gives it a monopoly over coal mining and distribution in the country.; CIL was a fully governmentowned entity until it's disinvestment in 2010. Currently, the government holds a majority shareholding with a ...
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Coal allocation scam or Coalgate, is a political scandal concerning the illegal allocation of the nation's coal deposits to public sector entities (PSEs) and private companies by Prime Minister Manmohan Singh. In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of allocating ...
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The aim of the app is ensuring efficiency and transparency in the process of coal quality monitoring and at the same time, bringing the governance of coal, closer to the people. ... TopicWise UPSC Prelims Question Papers and Solution PDFs ... As a result greater calls for accountability in coal allocation management began to grow, hence ...
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Ministry of Coal 2020 government schemes for UPSC 2020 exams. Ministry of Coal scheme 2020 launched by the Government of India with the aim of addressing the socioeconomic welfare of the citizens of this nation. ... The objective is to bring transparency in the coal allocation ... collectively developed the UTTAM application for all citizens ...
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The Union Cabinet took two important decisions aimed at streamlining coal allocation to the power sector and making it more transparent and objective. ... This would go 'against the grain' of making the allocations transparent, unless the entire process is fully transparent. Thus, it appears, rather than powering the future of the ...
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coal allocation scam. Another scam in a history of Indian. Coal mining controversy is major fraud in 2012, which involved Rs 1,86,000 Cr loss to exchequer . This is serious allegation against Prime Minister of India Dr Manmohan Singh who is in a serious scrutiny of the CAG which leads to protest against the leading political party NCP and Prime ...
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Aim Ensure the availability and supply of coal to thermal power plants (TPPs) in in India in a transparent way. The scheme also aims to reduce the dependence on imported coal and promote rationalization of coal linkages. For the first time bidding of coal is being carried out under B (v) of Shakti scheme. Under the scheme, Ministry of Power ...
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Brookings India scholars' comments on specific sections of the Coal Vision Document 2030. 1. Strong growth in domestic coal production albeit lower than the demand growth (Section ) CIL ...
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Coal sector in India: Despite having the world's fourth largest coal reserves, India imported 235 million tonnes (mt) of coal last year, of which 135mt valued at,000 crore could have been met from domestic reserves.; India's staterun coal giant has been unable to meet growing demand despite abundant resources.; The South Asian nation depends on Coal India for more than 80 per cent ...
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Ministry of Power (MoP) in 2017 cleared the Coal Linkage Policy known as SHAKTI (Scheme to Harness and Allocate Koyla Transparently in India). The Policy provides coal linkages to power plants which lack fuel supply agreements (FSAs) through coal auctions. The aim of the Shakti scheme is to ensure the availability of coal to all the Thermal ...
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Date. 1. Directions of the Central Government for auction of coal mines under the CM (SP) Act, 2015. Downloads. File size : KB. File type: PDF. . 2. Minutes of 4th meeting held on under chairmanship of Additional Secretary (Coal) to identify additional coal / lignite blocks for allocation under rule 3 (2) of the Coal ...
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Mineral Laws (Amendment) Act, 2020 It Amends the Coal Mines (Special Provisions) Act, 2015 [CMSP Act] Mines and Minerals (Development and Regulation) Act, 1957 [MMDR Act]. Provisions Allocation of coal blocks for composite prospecting licensecummining lease It will help in increasing of the inventory of coal, lignite blocks for allocation.
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History of Coal Mining in India. India has a long history of commercial coal mining covering nearly 220 years starting from 1774 by M/s Sumner and Heatly of East India Company in the Raniganj Coalfield along the Western bank of river Damodar.; However, for about a century the growth of Indian coal mining remained sluggish for want of demand but the introduction of steam locomotives in 1853 ...
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And if the electricity used for this process comes from a renewable source like wind or solar then the hydrogen thus produced is referred to as green hydrogen. Colors attached to hydrogen indicate the source of electricity used to derive the hydrogen molecule. For instance, if coal is used, it is referred to as brown hydrogen. Current Production:
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Continued expansion of India's economy is expected during, with annual average GDP growth of %, fuelled partially by coal. India's push to domestic coal mining through both Coal India and auction of coal blocks to private companies, coal usage in India will increase as it plateaus in other parts of the world, including China.
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UPSC mains relevance: ... Under the draft policy, setting up FMC would be made part of the mine allocation process. So, more such projects are set to come up. ... SHAKTI is a policy designated by the government for the allocation of coal among thermal power plants in a transparent and objective manner.
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India imports around 240 million tonnes (mt) of coal a year valued at about ₹ lakh crore. The 41 mines opened for auction now can hit a peak production of 225 mt in 202526, saving foreign exchange. A High Powered Expert Committee (2017) recommended a shift from the allocation of coal blocks for own consumption to commercial mining.
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A list of 143 coal blocks was prepared initially and inflated to 216 later. At that time, there were no concrete guidelines for allocation of coal blocks as coal mining was largely restricted to PSUs and many geographic locations were seen as unsuitable for profitable mining. The guidelines were periodically revised through 1993, 1998 and 2003.
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The Coal allocation scam, dubbed in media as Coalgate, is a major political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector enterprise (PSEs) and private companies. In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an inefficient ...
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