New Delhi: The Central government is all set to prioritize power and steel plants of state-run entities like NTPC and Steel Authority of India, which are ready for operations and are being established in coal-starved states. “The companies will be rated on a scale of 30 points based on criteria like their financials, past record in developing a coal block and proximity of the end use project to the coal block,” informed a senior government official.
The evaluation criteria have been determined by a 14 member inter-ministerial panel constituting representatives from ministries of power, steel and law and Planning Commission. The official further disclosed that, “The ministry would soon start allocating coal blocks to state-run power, steel companies and commercial mining corporations; wherein the state-run companies would be evaluated on a scale of 20 points.” The criteria points outlined for evaluation involves – demand, supply gap for coal in the state, past record of development of blocks, financial credibility and capability to mine coal.”
EPC News Bureau
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