Project for Development of Assam

Project for Development of Assam

           The details of projects sanctioned under Non-Lapsable Central Pool of Resources (NLCPR), Social and Infrastructure Development Fund (SIDF) and North Eastern Council (NEC) since the inception of the Ministry of Development of North Eastern Region  are –

Name of the Scheme
Total No. of projects sanctioned
No. of ongoing Projects
No. of projects completed
The Ministry also sanctioned 62 projects under Special packages for the Development of Bodoland Terri
          This was stated by Dr. Jitendra Singh, the Minister of State (Independent Charge) for   Development of North East Region in Rajya Sabha today.
Air India Signs MoU with NBCC for Monetization of Land Assets

Air India signed an MoU with National Buildings Construction Corporation Ltd. (NBCC) here today for monetization of surplus land assets of the national carrier. It will be a non-binding, non-exclusive agreement and each land asset will be individually evaluated for a particular mode of monetization process. This MoU is intended to blend together NBCC’s huge expertise in successful completion of several prestigious projects and Air India’s vast surplus land assets.

Speaking on the occasion the Minister for Civil Aviation, Shri Ashok Gajapathi Raju Pusapati said that team work was the key to success and together, Air India and NBCC should synergise for the growth of the country. He also said that outdated regulations held back further progress of the aviation sector.

The Minister for Urban Development and Parliamentary Affairs, Shri Venkaiah Naidu who was also present on the occasion said that, development of smart cities was one of the important goals of the present government and this agreement was a small step in that direction. Air India should take urgent steps towards profit making and the recent trend of running into losses is not acceptable, he added.

The Minister of State for Civil Aviation, Dr. Mahesh Sharma stated that the Ministry of Civil Aviation would set a target of six months to set the house in order especially the problems facing Air India. The Minister of State for Urban Development, Shri Babul Supriyo was appreciative of Air India’s on-board services.

Air India CMD , Shri Rohit Nandan said that Air India had 106 properties in the country out of which some were on lease basis and many were lying idle .Therefore, this agreement to develop and redevelop some Air India properties is an attempt to monetize to the tune of 5000 crore rupees over a period of 10 years.

The MoU has provided for three models of development of properties. In Model 1, the land value will be the Air India interest in the partnership. Money on development of the project shall be the interest of the NBCC. The sale proceeds will be shared by NBCC and Air India in the ratio of partnership interest. In Model 2, NBCC shall pay Air India a portion of the value of the land as upfront money. NBCC interest in the project would be the project cost and upfront money paid to Air India. The sale proceeds are shared by NBCC and Air India in the ratio of partnership interest. In Model 3, NBCC shall construct the project on behalf of Air India and development cost will be invested by NBCC and will charge fixed internal rate of return (IRR) on the project on its investment on mutually acceptable terms. This will help Air India in realizing full potential of its surplus land assets in partnership with NBCC.
Production of Coal

Coal India Limited (CIL) has been indicated a gross target to produce 1000 Mt. of coal by 2019-20, which is about double the amount of present level of coal production. The expected growth is to come from identified future projects. This was stated by Sh. Piyush Goyal, (Minister of state for Power, Coal & New and Renewable Energy (Independent Charge) in a written reply to a question in the Lok Sabha today.

The Minister further stated that the envisaged growth is possible in the Brown field as well as green field areas and is expected to be achieved through on timely completion of ‘New Railway Infrastructure Projects’, faster environment & forestry clearances, completion of Rehabilitation & Resettlement with the help of State Government, Improvement in Law & Order situation apart from technology improvement in mining and related infrastructure, the Minister added.
Rationalisation of Existing Coal Blocks

            Ministry of Coal (MoC) had constituted an Inter-Ministerial Task Force (IMTF) on 25.06.2010 to review the existing sources and consider feasibility for rationalization of linkages from these sources with a view to reduce the transportation cost for Power Utilities, Cement, Steel & Sponge Iron sector. This was stated by Sh. Piyush Goyal, (Minister of state for Power, Coal & New and Renewable Energy (Independent Charge) in a written reply to a question in the Lok Sabha today.

 The major recommendations of the Task Force were as under:-

(i)                  acceptance of the recommendations of the Functional Directors of Coal India    Limited in respect of rationalization of existing sources in respect of             applications received from Captive Power Plants (8 applications received by     CIL and rationalization recommended for 7 cases), Sponge Iron Plants (21   applications received by CIL and rationalization recommended for 4 cases)        and Cement Plants (2 applications received by CIL and both recommended).

(ii)        Rationalization of coal supplies for Sanjay Gandhi and Satpura Thermal Power Plant of Madhya Pradesh Power Generation Company Limited (MPPGCL).

(iii)       reduction in quantity allocated to Gujarat State Electricity Corporation Limited   (GSECL) from Korea Rewa fields of C/D grade coal and proportionate     increase in Korba fields of South Eastern Coalfields Limited (SECL) by             swapping quantities of MPPGCL

(iv)       rationalization of sources for Panipat and Rajiv Gandhi Thermal Power Station   of Haryana Power Generation Company Limited, Mejia and Koderma Thermal           power Stations of Damodar Valley Corporation and Santhaldih, Kolaghat,         Sagardighi and Bakreshwar Thermal Power Stations of West Bengal Power      Development Corporation Limited.

(v)        Reduction in coal allocation from Mahanadi Coalfields Limited (MCL) and        enhancement in coal allocation from Eastern Coalfields Limited (ECL) for the           power plants of Tamil Nadu Electricity Board.

            The Minister further stated that the approved recommendations of the task force were sent to Coal India Limited (CIL).  CIL/coal companies have implemented the recommendations pertaining to rationalization of sources of consumers of Captive Power Plants, Sponge Iron and Cement Plants. As regards rationalization of sources of power utilities, the Task Force’s recommendations are all inter-linked and could be implemented only with the consent of all the consumers.  The same could not be implemented as the consumers concerned did not agree to the revised arrangement.

To undertake an optimization exercise again, Ministry of Coal has constituted a new “Inter-Ministerial Task Force” (IMTF) on 13.06.2014 to undertake a comprehensive review of existing sources of coal and consider the feasibility for rationalization of these sources with a view to optimize transportation cost and materialization, the Minister added.
Mining Operations in Coal Blocks

A total of 218 coal blocks were allocated to eligible public and private sector companies in pursuance of Section 3 of the Coal Mines (Nationalisation) Act, 1973, during the period 1993 to 2011. Out of 218 blocks, 40 coal blocks have come under production as on date. This was stated by Sh. Piyush Goyal, (Minister of state for Power, Coal & New and Renewable Energy (Independent Charge) in a written reply to a question in the Lok Sabha today.

The Minister further stated that , Coal blocks for generation of power were allocated for the end use projects (EUPs) to be set up as well as for the existing EUPs. The production from the coal block was expected to be synchronized with the commissioning of the EUP where the same was allocated for proposed projects.

Allocation of coal blocks was challenged before Hon’ble Supreme Court. Hon’ble Supreme Court of India in its judgment dated 25.08.2014 and order dated 24.09.2014 passed in Writ Petition (Criminal) No.120 of 2012 and other connected matters has declared all allocations of the coal blocks made through Screening Committee and through Government Dispensation route since 1993 as arbitrary & illegal and has cancelled the allocation of 204 coal blocks out of 218 coal blocks (i.e. except Tasra coal block allocated to Steel Authority of India Ltd. and Pakri Barwadih coal block allocated to National Thermal Power Corporation and 12 coal blocks allocated for Ultra Mega Power Projects). In case of 42 coal blocks (37 producing and 05 likely to come under production), cancellation shall take effect from 31.03.2015.

For management and reallocation of cancelled coal blocks, Government has promulgated ‘the Coal Mines (Special Provisions) Ordinance, 2014’ on 21.10.2014 to ensure smooth transfer of rights, title and interests in the mines/blocks along with its land and other associated mining infrastructure to the new allottees to be selected through an auction or allotment to government company, as the case may be. The allocation of coal blocks would now be made in pursuance of the provisions of Ordinance and Rules made there under in a time bound manner, the Minister added.
Investment in Coal Sector
The overall plan outlay for 2014-15 for the coal and lignite sector including the plan outlay of the PSUs works out to Rs 12561 crores. The outlay of Coal India Limited (CIL) is Rs 5225 Crores and of Singareni Collieries Co. Limited (SCCL) and Neyveli Lignite Corporation (NLC) are Rs 3850 crores and 2936 crores respectively. This was stated by Sh. Piyush Goyal, (Minister of state for Power, Coal & New and Renewable Energy (Independent Charge) in a written reply to a question in the Lok Sabha today.

The Minister further stated that the Outlay for the plan schemes of the Ministry of Coal is Rs 550 crores. There is, however, no foreign assistance in budget of the Ministry of Coal.

The all India Coal Production targets for 2014-15 have been fixed at 630.25 Mte. During the period (April-Oct. 2014), the total production achieved was 314 Mte., the Minister added.
Project for Development of Assam Project for Development of Assam Reviewed by Ajit Kumar on 9:31 AM Rating: 5

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