(PTI)
The government said it has issued show cause notices to 16 companies, including NTPC, JSW Steel, Hindalco, Vedanta and Nalco, for delays in operationalisation of coal blocks. Show cause notices are issued from time to time to companies which do not adhere to the timelines prescribed in their agreements for timely operationalisation of coal blocks or for non-achievement of targeted coal production.
“The Scrutiny Committee, in its 17th meeting held… recently has reviewed cases of 24 coal mines…Subsequent to the meeting of the Scrutiny Committee, further show cause notices were issued to 16 companies for 22 coal blocks,” the coal ministry said in a statement. While Vedanta and NTPC were issued notices for delays in production of three blocks each, Birla Corp Ltd and Karnataka Power Corporation Ltd were given show cause notices for two blocks each.
