Who involved in Coalgate scam?
Ray has been convicted along with five others: CTL; its director Mahendra Kumar Agarwalla; Castron Mining Ltd; then additional secretary, Coal, and chairman, 14th Screening Committee Pradip Kumar Banerjee; and Nitya Nand Gautam, the then adviser (projects), Coal Ministry, and member-convener, 14th Screening Committee.
What is coal scam case?
It is alleged that the Prakash made gains of Rs 7 crore by selling shares of the company on premium, after the allocation of the coal block. “After investigation, charge sheet was filed on December 22, 2015 against the accused. The trial court found the five accused guilty and convicted them,” Joshi said.
What is natural coal?
Coal is a combustible black or brownish-black sedimentary rock with a high amount of carbon and hydrocarbons. Coal is classified as a nonrenewable energy source because it takes millions of years to form. Coal contains the energy stored by plants that lived hundreds of millions of years ago in swampy forests.
How much coal is left in the world?
What is the amount of world coal reserves? As of December 31, 2020, estimates of total world proved recoverable reserves of coal were about 1,156 billion short tons (or about 1.16 trillion short tons), and five countries had about 75% of the world’s proved coal reserves.
Where is coal found in India?
Coal deposits are primarily found in eastern and south-central India. Jharkhand, Odisha, and Chhattisgarh accounted for almost 70% of the total known coal reserves in India.
Which country is rich in coal?
Coal Reserves by Country
| # | Country | World Share |
|---|---|---|
| 1 | United States | 22.3% |
| 2 | Russia | 15.5% |
| 3 | Australia | 14.0% |
| 4 | China | 13.1% |
How long will coal last India?
Coal Reserves in India India has proven reserves equivalent to 111.5 times its annual consumption. This means it has about 111 years of Coal left (at current consumption levels and excluding unproven reserves).
Who is the owner of Coal India?
Ministry of Coal
Government of India
Coal India/Parent organizations
How many years of coal is left in the world?
In the US: Based on U.S. coal production in 2017 of about 0.78 billion short tons, the recoverable coal reserves would last about 325 years, and recoverable reserves at producing mines would last about 26 years.
Which country burns the most coal?
China
Coal Consumption by Country
| # | Country | Yearly Coal Consumption (MMcf) |
|---|---|---|
| 1 | China | 4,319,921,826,000 |
| 2 | India | 966,288,692,600 |
| 3 | United States | 731,071,000,000 |
| 4 | Germany | 257,488,592,900 |
Who is the owner of coal India?
Does coal India have a future?
Even assuming India doesn’t start building any more coal power plants going forward, it still means that in 2030 about half of India’s electricity will come from coal. Selected findings include: India actually uses a relatively modest amount of coal on a global scale, if we normalize per capita.
Who was involved in the Coalgate case in Madhya Pradesh?
This case dealt with alleged irregular allocation of coal blocks in Madhya Pradesh to Kamal Sponge Steel & Power Ltd. (KSSPL). Coalgate, as it was popularly known snowballed into a huge political scandal which pulled top leaders and bureaucrats from the previous UPA regime into the probe.
When did the CAG report come out on Coal India?
The CAG report, leaked to the press in March as a draft and tabled in Parliament in August, is a performance audit focusing on the allocation of coal blocks and the performance of Coal India in the 2005– 09 period.
What was the draft CAG report on Coalgate?
Draft CAG Report on Coalgate The CAG report, leaked to the press in March as a draft and tabled in Parliament in August, is a performance audit focusing on the allocation of coal blocks and the performance of Coal India in the 2005–09 period.