Government has de-allocated 21 coal mines on the recommendations of an Inter-Ministerial Group (IMG) for delaying production, while for another 19 blocks, bank guarantees were forfeited or deducted.
The de-allocated blocks were allotted to firms like Bhushan Steel, Rungta Mines, Bihar Sponge Iron, Maharashtra Seamless, Gujarat Ambuja Cement, Lafarge India, Himachal EMTA Power and SKS Ispat and Power.
Earlier, total of 58 mines were issued show-cause notices by the IMG for their failure to develop blocks within stipulated timeline. In June 2012 the group assessed 31 coal blocks allotted to 51 different companies and found that 58 mines were to be violating production agreements and forwarded the list to the government for initiating action.
