Time runs out for Goa’s coal block plans

The Centre has all but terminated the allotment of the Dongri Tal-II coal block to Goa Industrial Development Corporation (GIDC) after the state government failed to develop the coal mine and pay the Rs 163.95 cr performance guarantee. The Union coal ministry had granted GIDC a “final” deadline of September 30 to appoint a mine developer and operator (MDO) and commence extraction of coal.

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Sep 23, 2021 - 10:38
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Time runs out for Goa’s coal block plans
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The Centre has all but terminated the allotment of the Dongri Tal-II coal block to Goa Industrial Development Corporation (GIDC) after the state government failed to develop the coal mine and pay the Rs 163.95 cr performance guarantee. The Union coal ministry had granted GIDC a “final” deadline of September 30 to appoint a mine developer and operator (MDO) and commence extraction of coal.
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