November 19, 2012 5:37 PM

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Coal Ministry to resolve differences on bidding norms of coal blocks

The Coal Ministry has said it hopes to resolve differences within next 15 days with ministries like environment and power on the proposed bidding norms for auctioning of captive coal blocks.

Coal Secretary S K Srivastava said this today at a conference in New Delhi.

The Coal Secretary further said that some ministries are in favour of putting up the blocks for auction with certain clearances like environment but it may not be feasible due to procedural reasons.

He said the IMG, which consists of various ministries including Steel, Coal, Power, Industries, Petroleum and Planning Commission, has so far met 3-4 times .

While environment clearance is given by Ministry of Environment and Forests (MoEF), forest clearance are provided by respective state governments.

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