In order to develop coal liquefaction or coal-to- liquid technology, three coal blocks viz. north of Arkhapal, west of Radhikapur and Ramchandi promotional would be developed.
These blocks, which have about 1,500 million tonne of geological coal reserves each, were identified by the Ministry of coal in consultation with Coal India (CIL) and Central Mine Planning & Design Institute.
This information was given by the Minister of State for Coal, Pratik Prakash Bapu Patil in a written reply in Rajya Sabha.
Patil said according to the guidelines for allocation of coal blocks for coal-to-liquid project, one of the eligibility criteria was that, the applicant company should have minimum net worth of Rs 4,000 crore. Accordingly Ramchandi promotional coal block has been allocated to Jindal Steel & Power for its coal-to-liquid project.
The minister clarified that based on the recommendation of the inter-ministerial group (IMG) set up to review the development of coal block, now the allocattee company has been issued a show cause notice for delay in development of coal block.
Leave a Reply
You must be logged in to post a comment.