The axe continues to fall on companies who have been allotted coal blocks, but have till now failed to operationalise them.
New Delhi: The axe continues to fall on companies who have been allotted coal blocks, but have till now failed to operationalise them. The Inter-Ministerial Group (IMG) in its meeting on Thursday recommended de-allocation of two coal blocks - Dahegaon Makardhokra and Bhaskarpara.
While Dhaegaon Makardhokra block has been allotted to IST Steel & Power, Gujarat Ambuja Cements and Lafarge, the Bhaskarpara block is with Electrotherm and Ultratech.
Till now 13 coal blocks out of the 29 discussed by the IMG have been de-allocated. The IMG has finished discussing of coal blocks allotted to private companies. Now the IMG will take up the coal blocks allotted to public sector units.
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