Express News Service reported that expressing concern over the delay in commissioning production of the auctioned coal blocks, the Federation of Indian Chambers of Commerce and Industry has urged the State government to set up a dedicated cell to monitor the progress and sort out issues relating to land acquisition and expeditious approval of statutory clearances. FICCI Secretary General Mr Dilip Chenoy wrote to Odisha’s Chief Secretary Mr Suresh Mahapatra “I would take this opportunity to bring to your kind notice that 12 coal mines have been allocated and auctioned in Odisha since 2015 having production capacity of 97 million tonne per annum which will generate revenue of over INR 7,000 crore every year for the State exchequer, creating over 1 lakh direct and indirect local jobs.”Odisha government is losing out on a huge amount of revenue from royalty with just three of the 12 coal blocks, auctioned since 2015, in operation now. NTPC’s DulangaOCPL’s ManoharpurNeyveli Lignite Corporation’s Talabira II and IIIHowever, the Utkal-D block of NALCO, Baitarani West of OMC and Naini block of Singareni Collieries Company Ltd have remained idle in the last six years. Two other coal blocks allotted to Karnataka Power Corporation (Mandakini) and Gujarat Electricity Corporation Utkal-C are also lying idle. Though Vedanta had successfully bid for two blocks and GMR and Essel Mining one each, none of them have started the ground works.The cumulative reserve of coal in the 12 blocks is over 3,376 million tonne with a production capacity of 97 million tonne per year.
Express News Service reported that expressing concern over the delay in commissioning production of the auctioned coal blocks, the Federation of Indian Chambers of Commerce and Industry has urged the State government to set up a dedicated cell to monitor the progress and sort out issues relating to land acquisition and expeditious approval of statutory clearances. FICCI Secretary General Mr Dilip Chenoy wrote to Odisha’s Chief Secretary Mr Suresh Mahapatra “I would take this opportunity to bring to your kind notice that 12 coal mines have been allocated and auctioned in Odisha since 2015 having production capacity of 97 million tonne per annum which will generate revenue of over INR 7,000 crore every year for the State exchequer, creating over 1 lakh direct and indirect local jobs.”Odisha government is losing out on a huge amount of revenue from royalty with just three of the 12 coal blocks, auctioned since 2015, in operation now. NTPC’s DulangaOCPL’s ManoharpurNeyveli Lignite Corporation’s Talabira II and IIIHowever, the Utkal-D block of NALCO, Baitarani West of OMC and Naini block of Singareni Collieries Company Ltd have remained idle in the last six years. Two other coal blocks allotted to Karnataka Power Corporation (Mandakini) and Gujarat Electricity Corporation Utkal-C are also lying idle. Though Vedanta had successfully bid for two blocks and GMR and Essel Mining one each, none of them have started the ground works.The cumulative reserve of coal in the 12 blocks is over 3,376 million tonne with a production capacity of 97 million tonne per year.
