Previous coal mine allottees have to clear stock by April 8

Posted on 30th Mar 2015 11:58 am by mohit kumar

New Delhi, March 29 (IANS) All the previous allottees of coal mines are required to remove the dry fuel extracted till March 31 by April 8 to ensure their smooth handover to successful bidders at the recent coal auctions.

"It has been decided that the disposal of coal stock extracted till March 31 shall be undertaken. It shall be the obligation of prior allottee to remove such coal stock within a period of seven calendar days by April 8," an official order here said.

The disposal of stock would take place after a "joint inspection and measurement of coal stock till March 31, 2015 shall be undertaken in presence of representatives of Coal Controller's Organisation (CCO), prior allottee and successful bidder/allottee on the appointed day i.e. April 1," it added.

The order said "no inspection" would be required in cases where successful bidders are the previous allottees.

"In the event of failure of prior allottee to remove the coal stock, the successful bidder or allottee shall be entitled to dispose of such stock and appropriate the sale proceeds to recover any cost incurred by the successful bidder or allottee, for the removal of such coal stock," it said.

Earlier this month, the government successfully completed in two tranches the auction of 33 mines, which are among the 204 blocks whose allotments had been cancelled by the Supreme Court last year.

At a meeting with successful bidders, Coal Secretary Anil Swarup had assured them that they would get all possible clearances and permissions so that coal prospecting could start by April 1.

Other news

GST Council Meeting: GST Council meeting on 28-29 June in Srinagar, a big survey on the unemployment rate

The GST Council, headed by Finance Minister Nirmala Sitharaman, will meet on June 28 and 29 in Sr

Praveen Kumar Death: Praveen Kumar, who played Bhima in Mahabharata, died, was troubled by financial constraints

Actor Praveen Kumar Sobti, who played the role of Bheem in BR Chopra's mythological show, 'Mahabh

Monkeypox reached 15 countries in 15 days: Quarantine necessary if symptoms are found in Belgium; Isolation ward for suspected patients in Mumbai

The world battling the corona epidemic is now increasingly vulnerable to monkeypox. The disease h

Post 1 - Contender 6, whose claim is the strongest for the post of Chief Minister in Maharashtra?

Prime Minister Narendra Modi called for the formation of a Mahayuti government in Mumbai, but dur

'Names of shops should be written in the Tamil language', why did Puducherry CM Rangasamy take this decision?

Amid the controversy over the Tamil language, Puducherry Chief Minister N Rangasamy has issued an

Putin said Chinfing will come to Russia, new boundaries will touch relationships; Bilateral trade likely to reach $ 200 billion

Russian President Vladimir Putin has said that soon his counterpart Xi Chinfing of China will com

Jharkhand High Court said- 15-year-old Muslim girl is free to marry of her choice

Jharkhand High Court Justice SK Dwivedi's bench has said that under the Muslim Personal Law, a Mu

CAG: Coastal security is not strong even after 14 years of the 26/11 terror attack, needs of Sagar Prahari are also incomplete

The country's Comptroller and Auditor General (CAG) has criticized the delay in safeguarding all

JEE Main 2022 Result: Devbhoomi Himachal's meritorious, Ryan state topper shines in JEE Main, speech topper among girl students

The meritorious people of Devbhoomi Himachal have also shone in the JEE Main result. Meritorious

High court notice to the makers of Sushant Rajput's biopic, father demands ban

A notice has been issued by the Delhi High Court to the makers who made a biopic on the life of l