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The fundamental crisis in the coal sector is not only the lack of transparency but rather the need for efficient markets for fuel that can keep up wit
The Report of the Comptroller and Auditor General of India (CAG) on "Allocation of Captive Coal Blocks and Augmentation of Coal Production" for the year ending March 2012 has, among other things,
In all the hype and hyperbole about what to do with coal blocks, the plain fact is that the real danger lies in our coal reserves turning valueless for the country, of no benefit to the owner - the people of the land. They will be value less if we don't extract them before they turn un-burnable by climate action a few decades from now.
MoEF, on the one hand, abruptly enforces the 'no-go' rule on 203 coal blocks with a potential output of 660 million tonne of coal per annum, jeopardising power generation, while on the other, it talks about developmental needs taking precedence over environmental and safety concerns when it comes to nuclear power plants.
Coal India Ltd. (CIL) has not been able to supply the committed quantity of coal to the powerproducers, forcing them to source coal from other countries. Apart from this, many coal blockswhich should have been in operation by now are yet to come on-stream.
