How are coal blocks allocated?
Certain coal blocks were allocated by the Ministry of Power for Ultra Mega Power Projects (UMPP) through tariff based competitive bidding (bidding for coal based on the tariff at which power is sold). Between 1993 and 2011, 218 coal blocks were allocated to both public and private companies under the CMN Act.
How is cancellation of coal blocks allocation?
On September 24, the Supreme Court cancelled nearly all the 218 coal blocks the central government had allocated between 1993 and 2010. The court said the allocations were arbitrary, illegal and amounted to unfair distribution of national wealth.
What is MDO in coal?
India’s first private mining company who pioneered the concept of Mine Developer and Operator (MDO) India’s first private mining company who pioneered the concept of Mine Developer and Operator (MDO)
What is coal block auction?
The Central Government promulgated the Coal Mines (Special Provision) Act, 2015 to enable the Government to re-allocate the 204 coal blocks which were cancelled by the Hon’ble Supreme Court of India. The Act permitted auction of coal mines for commercial mining by private entity.
How coal mines are allocated in India?
What are coal blocks?
Coal Block means the length of layer of coal beneath the surface of earth.
How is cancellation of coal blocks allocation by Supreme Court of India likely to affect our current account deficit?
When credit items are less than the debit items, then it shows deficit in current account i.e. net outflow of foreign exchange. Accordingly, the cancellation of coal block by Supreme Court will affect the current account marginally.
What are MDO contracts?
The MDO contract is awarded mostly on the basis of quoted mining cost per tonne, to the lowest bidder. The Prime Minister’s Office (PMO) has written to NITI Aayog, asking it to consult with industry to create a new legal framework and policy regime for private mine operators.
What are MDO projects?
MDO is contractual mining under which the contractor earns revenue from production of coal and mine operations.
How long does a block of coal last?
History
| Java Edition | |
|---|---|
| 1.6.1 | The smelting time for block of coal is 720 seconds. |
| The smelting time for a block of coal has been changed to 800 seconds. | |
| The texture of blocks of coal has been changed. | |
| Blocks of coal are now flammable. |
How many coal blocks are in India?
85.32 million tonnes of coal has been produced in FY 2021-22 from 47 operational coal blocks.
Is coal block better than coal?
Blocks of coal can be used as fuel in a furnace. One block of coal lasts 800 seconds (16000 ticks), which smelts 80 items. This is ten times the duration of a single piece of coal and 11⁄9 times as efficient (+11.11%) as nine individual pieces of coal—which would only smelt 72 items.
What is MDO mode?
Mine Developer and Operator (MDO) is a model of operation of mines adopted in India.
What is MDO full form?
Introduction. Mine Developer and Operator (MDO) is a model of operation of mines adopted in India.
Which is better coal or block of coal?
One block of coal lasts 800 seconds (16000 ticks), which smelts 80 items. This is ten times the duration of a single piece of coal and 11⁄9 times as efficient (+11.11%) as nine individual pieces of coal—which would only smelt 72 items.
How much is a block of coal worth?
In 2020, the national average sales price of coal (excluding anthracite) at coal mines was $28.88 per short ton, and the average delivered price of all coal delivered to the electric power sector was $36.14 per short ton.
Which state is the largest producer of coal in India 2022?
Jharkhand
Jharkhand has the highest coal reserves in India.
Which coal is maximum in India?
Bituminous
Bituminous is the most widely used coal. Bituminous type of coal is mostly found in India. It is mostly found in the states of Jharkhand, Orissa, West Bengal, Chattisgarh and Madhya Pradesh.
How long does a coal block last?
800 seconds
One block of coal lasts 800 seconds (16000 ticks), which smelts 80 items.
What is mine developer and operator?
This is where super specialized services of Mine Developers and Operators (MDO) are required. MDOs are mining specialists who operate on behalf of the mine owner against a fixed charge on a long term basis.
What is TDO full form?
TDO stands for – Training Development Officer.
What is the full form of VRO?
Village Reconstruction Organization, social organization active in the reconstruction of villages after natural calamities (India) Vera C.
How much coal is a stack of coal block?
Blocks of ores and minerals are stored in stacks of up to 64 units. A Block of Coal is crafted using nine mined Coal.
How much is a ton of coal 2022?
Highlights for the first quarter of 2022
The average price of U.S. coal exports during the first quarter of 2022 was $184.49 per short ton.
What is the rank of India in coal production 2021?
India, the second-largest coal-producing country, with the production of 767 million tonnes in 2021.