Search: Look for:   Last 1 Month   Last 6 Months   All time

Most de-allocated coal blocks could come to us: Coal India

West Bengal,Business/Economy, Tue, 18 Sep 2012 IANS

Kolkata, Sep 18 (IANS) State-run Coal India Ltd (CIL) Tuesday said the government could allot some or most of the de-allocated coal blocks to it for mining.

"We are not anticipating anything but, yes, if the government is going to de-allocate blocks, some or most of them could come to us," Coal India chairman S. Narsing Rao told reporters on the sidelines of the company's 38th Annual General Meeting here.

Asked further, Rao said he was just anticipating and there was no assurance by or understanding with the government.

The government has de-allocated five coal blocks as recommended by the Inter Ministerial group (IMG).

Rao ruled out any immediate hike in coal prices, although the increase in diesel prices, he said, would impact the miner's annual production cost by around Rs.600 crore.

A decision on this would be taken at an "appropriate time", he added.


LATEST IMAGES
Manohar Lal being presented with a memento
Manoj Tiwari BJP Relief meets the family members of late Ankit Sharma
Haryana CM Manohar Lal congratulate former Deputy PM Lal Krishna Advani on his 92nd birthday
King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image
 
 

Comments:


 

OTHER TOP STORIES


Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.