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CPM: Scrap allocations of 90 coal blocks

Last Updated 03 September 2012, 19:45 IST

The CPM on Monday demanded that in order to run Parliament, the UPA government should scrap 90 coal blocks allocated to private companies and order probe into allocations.

The party demanded probe into CAG findings about alleged diversion of coal by Reliance Power to non-power industries leading to a windfall gain of Rs 20,000 crores to the company. 

Claiming that the BJP has come round CPM’s demand of scrapping of coal blocks, senior CPM leader Sitaram Yechury said that by accepting opposition’s demand, “the government can save the little time that is left”.

He accused the BJP and the Congress of “match-fixing” on the coal scam.  “The government itself says that allocations of 90 coal blocks are irregular. So, there is no problem in scrapping them as it is not going to affect power supply; the allocated mines are not being mined,” said Yechury.

He, however, said that coal blocks allocated to pubic sector companies should not be scrapped as they are generating power.

Yechury alleged that companies who have been allocated coal blocks have already made gains by raising huge amount of money from banks on the basis of licenses of mining they have obtained.

He said, “Companies are using coal block licenses as if blocks their property; in fact, they have only been given mining licenses.”

CPM leader Basudeo Acharia demanded enquiry into diversion of “substantial  per cent of coal from captive mines by Reliance Power project at Sasan”, and asked for probe into whether the company violated guidelines of the Act for the allocation of the captive mines for ultra mega power projects.

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(Published 03 September 2012, 11:02 IST)

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