Ø The Union Cabinet recommended the promulgation
of an Ordinance to acquire the land of 214 coal blocks mines whose allocations
were quashed by the Supreme Court last month. It also approved a plan for
e-auctioning the cancelled blocks to end-user private players of coal from the
power, steel and cement sectors. Government entities, including public sector
units such as NTPC and State Electricity Boards, however, will not have to go
through the auction route as a pool of coal mines will be reserved for
allocation to them from the cancelled blocks.
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