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 and private companies. In a draft report issued in March 2012, the Comptroller and Auditor General of India office accused the Government of India of allocating coal blocks in an inefficient manner during the ...
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2. Problem 1: Cost and Coal Allocation Prior to allocating the coal to the producing units, we must decide how much to buy from each mining company while taking into account the fixedtonnage as well as variabletonnage contracts. To accomplish this, we can use Excel's Solver and linear programming (Hauenstein Holz, 2021). Solution The discovered ideal coal allocation as follows by using ...
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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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Coal ministry amends SHAKTI policy to expand coal linkage and promote market transparency. The amendment, aimed at fostering a more transparent coal allocation mechanism, dictates that power generated through such linkages must be sold via power exchanges or through transparent bidding processes on the Discovery of Efficient Energy Price (DEEP) portal.
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Though the CBI had filed a closure report in the coal block allocation case, ... of quid pro quo and the case is based upon the process of governmental decisions," Singh had said in his 184page ...
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Allocation process was arbitrary, discretionary and nontransparent. There was no consideration of Merit, no Price discovery mechanism for national resources (Auction is price discovery mechanism). ... Allocation of coal blocks for composite prospecting licensecummining lease; It will help in increasing of the inventory of coal, lignite ...
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This study investigates multiple types of water resources in the western mining area in China, their supplydemand balance by using the same dimension gray recurrence dynamic model GM (1, 1), and ...
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Chapter 2 The eAuction: Design and Process The legal framework for allocation of cancelled coal blocks was provided through the Coal Mines (Special Provisions) Act, 2015 (preceded by the two Ordinances in October 2014 and December 2014), Coal Mines (Special Provisions) Rules, which were followed by issue of Standard Tender Document (STD).
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Based on the mine water produced by mining, to improve the ecological environment, the optimal allocation of mine water resources is studied. To reduce the uncertainty of the calculation results of ecological water demand, the wolf colony algorithm neural network model is used for longterm rainfall forecast. Combined with the forecast annual rainfall, the ecological water demand is classified ...
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Coal allocation scam (or Coalgate) is a major political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector entities (PSEs) and private a draft report issued in March 2014, the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an inefficient manner during the period ...
WhatsApp: +86 18037808511![[Indepth] [Updated] Coal Sector in India IAS EXPRESS](/xpvza9k/82.jpg)
This will standardise the process and address the discretionary nature of the process. Online Coal Clearance System: Developed by the coal ministry to enable easier submission and clearance of applications to the ministry. CAMS: Coal Allocation Monitoring System. It is to monitor the allocation process and improve transparency.
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The 100 billion in annual climate aid that rich countries had agreed to shore up by 2020 came through, three years late. Countries approved a new fund to pay poor countries for the losses and ...
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allocation of the nation's coal deposits to public sector entities (PSEs) and private companies. Draft report by Comptroller Auditor General of India. CAGs argument The Government had the authority to allocate coal blocks by a process of competitive bidding, but chose not to. Windfall gain of rupees 185,591 crores (US Billion)
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Also, the Coal allocation process should be simplified, based on important and minimal review of key industry criteria. Refund of royalty paid by mineral processing industries as Royalty is paid by all processing industries when purchasing minerals from Mines or the open market as the Royalty value is factored into the mineral selling price ...
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Vietnam October 4 2021. "Vietnam has a successful track record in developing coalfired power plants sponsored by international investors who would have assumed that the risk allocation that has ...
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In the process of capacity management, how to formulate a reasonable allocation plan for coal overcapacity quota allocation at the provincial level is the key to realizing the smooth exit of coal excess capacity. ... In the process of calculating the Gini coefficient, to ensure the fairness of personnel placement, that is, the workload of each ...
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The whole process of allocation of coal blocks has been a huge example of arbitrary action from the governments' side. Arbitrariness is defined as the practice of decision taking without any reasonability and exclusively on personal pleasure. The doctrine of arbitrariness as stated under Article 14 of the Constitution of India has been ...
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15. THE COAL ALLOCATION PROCESS • In July 1992, Ministry of Coal, issued the instructions for constitution of a Screening Committee for screening proposals received for captive mining by private power generation companies. • The Committee was composed of government officials from the Ministry of Coal, the Ministry of Railways, and the relevant state government.
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The Supreme Court on Monday pulled up the Centre on coal block allocations and declared all >218 allocations made from 1993 to 2011 illegal and arbitrary. A Bench of Chief Justice Lodha and ...
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The coal allocation process was a nontransparent process with a lack of competitive bidding to provide a fair chance to every enterprise. The administrative backing through a statute would improve transparency with the committee's obligation to dispense administrative decisions according to the authority stated in the statute. Any action in ...
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Coalification is a geological process of formation of materials with increasing content of the element carbon from organic materials that occurs in a first, biological stage into peats, followed by a gradual transformation into coal by action of moderate temperature (about 500 K) and high pressure in a geochemical stage.
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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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Case Problem 5 DUKE ENERGY COAL ALLOCATION* Duke Energy manufactures and distributes electricity to customers in the United States and Latin America. Duke recently purchased Cinergy Corporation, which has generating facilities and energy customers in Indiana, Kentucky, and Ohio. For these customers Cin ergy has been spending 725 to 750 million each year for the fuel needed to operate its ...
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The draft Coal Blocks Allocation Rules is hereby placed in the website of the Ministry of coal (). The members of the public and stakeholders concerned are requested to submit their comments and suggestions on the draft Rules to the email id: upto 15:0O hours of Encl.: Draft Coal Blocks Allocation Rules.
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The Coalgate Scam was unearthed by the CAG report on allocations of coal blocks. CAG report alleged that a loss of Rs. lakh crore was caused to the exchequer because of a nontransparent and discretionary allocation process. The beneficiaries of the scam are private players who have made windfall gains and have received highly valuable natural resources at almost free of cost.
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A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
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