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CAG REPORT ON MINING
Coal block allocation matter: Vinod Rai faulted in his advice as CAG, says former coal secretaryHad the CAG taken care to go into details, the result on decision-making process wouldn't have been devastating.
CAG pulls up SAIL for huge coking coal import despite 3 captive minesState-run SAIL requires about 15 million tonne (MT) coking coal annually, of which 12-13 MT is imported, Comptroller and Auditor General (C...
OMC lost opportunity to earn Rs 1838.98 cr revenue: CAGThe OMC had to fix its production target on the lower side due to non-availability of the required statutory clearances in time, the Comptr...
98.87 lakh MT minerals illegally mined in 5 Rajasthan districts in 5 yrs: CAGThe CAG report claims that apex court directions regarding Aravali hills were not followed by the state's department of mines as mining lea...
Iron ore worth Rs 1,900 crore illegally extracted in Goa: CAGThe performance audit on systems and controls in collection of minerals receipts has revealed a number of system and compliance deficiencie...
- CAG says OMC-Sainik joint venture irregular
The report said that originally it was decided that the OMC would offer 51 per cent stake to the private partner and retain 49 per cent in ...
- Coal block allocation: Act against Chhattisgarh CM Raman Singh, Congress tells BJP
Congress today asked the BJP to act against Raman Singh for alleged irregularities in mining coal from a block alloted to the state by the ...
Coalgate may further delay mining approvals: Report"We are concerned about further delays in mining approvals due to policy freeze and/or imposition of conditions which could dilute returns ...
- CAG calculations unrealistic, JSPL and NTPC top picks: Macquarie
The CAG report on coal block allocation pegged the loss caused due to allocation at Rs 1.86 lakh crore to the national exchequer.
CAG reports, instead of shedding light, increasingly spread confusionThe 3 reports of the CAG on coal, UMPPs and airports, serve only to spread confusion and convert infrastructure building into a political b...
- Allocation of coal mines for Reliance Power transparent: Veerappa Moily
Power Minister Veerappa Moily today said the process of allocation of coal mines for Reliance Power for its Madhya Pradesh project was tran...
Government readies defence for CAG reportsThe government will strongly defend itself against claims of enormous losses likely to be made by the CAG in three reports due to be tabled...
- We have not received CAG report on coal mines: Sriprakash Jaiswal
Coal blocks allocated between 2004-2009 without auction led to undue benefits of 1.8 lakh crore to private firms, said the report, quoting ...
CAG has no remit over policy, but the coal sector needs reformsHypothetical loss is based on a calculation of what an auction might have fetched based on estimated profits from mines allotted to private...
- CAG anguished over leakage of draft report on coal block allocation
CAG of India Vinod Rai expressed deep anguish over leakage of an audit report on coal block allocation and sought from PM a probe into the ...
- CAG Report: We have not reaped windfall profit, says NTPC chief
According to him, the mines were allocated to meet some portion of its coal requirement since Coal India is not able to meet the company's ...
- CAG: Coal India laggs in corporate social responsibility, effluent treatment
Coal India is running 191 mines without any environmental clearance, the CAG said in a report on the company