SC decision on coal block to affect 28000 MW power
capacity
26/08/2014 11:32
It is expected that as much as 28,000 MW of power generation capacity may be affected if the Supreme Court cancels the coal mines that it has declared illegal, said the media report. “As much as 28,000 MW of power generation capacity may be affected if the Supreme Court were to cancel coal mines that it has declared illegally allocated between 1993-2010,” according to Debasish Mishra, Senior Director (Consulting), Deloitte. The Supreme Court has said that all coal block allocations made since 1993 till 2010 before pre-auction era during previous NDA and UPA regimes have been done in an illegal manner by an "ad-hoc and casual" approach "without application of mind". The 28,000 MW capacity includes output from both state-run and private sector projects. Besides, Power and Coal Minister Piyush Goyal hailed the decision of the apex court and said that the government is ready to act quickly once the court delivers its final view on the coal mines allocation. He said that the government is awaiting Supreme Court to deliver its final view on how the mines "illegally" allocated between 1993 and 2010 should be treated.
26/08/2014 11:32
It is expected that as much as 28,000 MW of power generation capacity may be affected if the Supreme Court cancels the coal mines that it has declared illegal, said the media report. “As much as 28,000 MW of power generation capacity may be affected if the Supreme Court were to cancel coal mines that it has declared illegally allocated between 1993-2010,” according to Debasish Mishra, Senior Director (Consulting), Deloitte. The Supreme Court has said that all coal block allocations made since 1993 till 2010 before pre-auction era during previous NDA and UPA regimes have been done in an illegal manner by an "ad-hoc and casual" approach "without application of mind". The 28,000 MW capacity includes output from both state-run and private sector projects. Besides, Power and Coal Minister Piyush Goyal hailed the decision of the apex court and said that the government is ready to act quickly once the court delivers its final view on the coal mines allocation. He said that the government is awaiting Supreme Court to deliver its final view on how the mines "illegally" allocated between 1993 and 2010 should be treated.
