CBI files 2 cheating cases for import of inferior coal

The CBI alleged that inferior quality coal was brought to India through the sea-route.

Written by Express News Service | New Delhi | Published: January 5, 2014 12:32 am

The CBI has registered two cases of cheating for the alleged import and supply of low quality coal from Indonesia to two PSUs — National Thermal Power Corporation (NTPC) and NTPC-SAIL Power Corporation Ltd (NSPCL) — resulting in a loss of Rs 116.07 crore to the exchequer.

The CBI alleged that inferior quality coal was brought to India through the sea-route. “It is alleged that the accused,during the period 2011-13,entered into criminal conspiracy… Inferior quality non-cooking coal of Indonesian origin,shown to be of good quality on papers,was purchased from Indonesia,” a CBI spokesperson said.

In the first case,which resulted in the loss of Rs 23.16 crore to NTPC,the agency registered an FIR against A K Srivastava,Additional General Manager,Uma Shankar Verma,Deputy Manager,NTPC power plant Lab,and Indore-based Bhatia International.

The agency has also named some international companies for alleged criminal conspiracy to cheat the PSU.

The coal,which should have been rejected,was supplied to NTPC power plant at Unchahar,the CBI alleged. The accused companies used a similar modus operandi with the NSPCL power plant in Bhilai.

In this case,the CBI has registered a case against PC Gupta Senior Manager,Head of NSPCL Power Plant Lab,Bhilai,and A V Ramesh,chemist at the laboratories.

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