(a) whether the on-going coal block auction seems to have run into rough weather;
(b) if so, the reaction of the Government thereto;
(c) whether the Government is planning to review nine of the 33 allocated coal blocks for their low bidding amount;
(d) if so, whether the industry is satisfied with this move; and
(e) if so, the details thereof?
MINISTER OF STATE (I/C) FOR COAL, POWER, NEW & RENEWABLE ENERGY
(SHRI PIYUSH GOYAL)
(a): No, Sir.
(b): Does not arise in view of the reply to part (a) above.
(c): Government had directed re-examination of the recommendations of the Nominated Authority (NA) in respect of 8 tenders for auction of 10 coal mines viz. Gare Palma IV/1, Gare Palma IV/2 & IV/3, Marki Mangli-III, Dumri, Mandla-South, Brinda & Sasai, Meral and Tara as bids in Final Price Offer in these cases were not found to be in line with other cases. Upon re-examination by NA, Government has not approved the declaration of preferred bidder as successful bidder in case of 4 coal mines namely Gare Palma IV/1, Gare Palma IV/2 & IV/3 and Tara as final closing bid price was not found to be reflecting fair value.
(d) & (e): Auction of coal blocks have been successful and appreciated by and large by the industry.
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