PSUs invited to apply for coal block allocation

Last Updated: Mon, Dec 31, 2012 13:30 hrs

New Delhi, Dec 31 (IANS) The coal ministry Monday invited applications from government firms for allocation of coal blocks.

In the first round, the ministry looks to allocate to government-owned companies 17 coal blocks, of which 14 are for power generation, and three for coal mining.

Detailed information on each of these coal blocks covering area, location and basic infrastructure, including coordinates, status of exploration, sequence of coal seams, quality of coal and estimated reserves, have been placed on the coal ministry website.

The ministry Thursday issued pre-determined evaluation criteria for specified end use and coal mining, along with the details to be furnished by the applicant.

The applications have to be submitted within 30 days, by Jan 30, 2013.

In May, the coal ministry identified 54 mines for allocation, of which 16 were for the power sector, another 16 for the public sector firms and 22 for allocation through the auction route.

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