scorecardresearch
Follow Us:
Thursday, December 02, 2021

Coal ministry blames CBI probe for delays in signing of FSAs

The coal ministry has blamed the ongoing CBI investigations for delays in signing of fuel supply agreements with power companies.

Written by Priyadarshi Siddhanta | New Delhi |
August 24, 2013 2:41:42 am

The coal ministry has blamed the ongoing CBI investigations for delays in signing of fuel supply agreements with power companies.

The ministry has told Cabinet Secretary Ajit Seth that Coal India should not be compelled to execute the Presidential Directive of signing the fuel supply agreements without verifying afresh the investment plans of the companies applying for coal linkages.

The ministry was ticked off by the Cabinet Secretariat last week for the slow progress made by Coal India (CIL) in signing the agreements. But the coal ministry has said hurrying the decisions could create an opportunity for officials to bypass procedures. “As you are aware we are dealing with a sensitive sector and hence all issues need to be thoroughly examined and scrutinised before final decisions are taken”,the letter notes.

The Central Vigilance Commission,too,had recently held the CIL management responsible for improper scrutiny of milestones,following which the firm was asked to ensure a thorough check on the progress made by the aspirant companies before proceeding to provide them coal. But this has put the ministry in difficulty as the government on July 18 has imposed a Presidential directive on CIL to sign coal supply pacts to bring 78,000 MW capacity of power to life,within two years.

The coal ministry is in the middle of a controversy in Parliament as the Opposition has alleged crucial files related to the probe in the allocation of coal mines has been misplaced by the ministry. Prime Minister Manmohan Singh was in charge of the ministry in the period being investigated.

In this context coal secretary Sanjay Kumar Srivastava has noted that his officers are over burdened and that too is partially holding up the signing of the coal supply agreements.

“Needless to say that ours is a small ministry and the officers are quite over-burdened with lot of issues connected with the Supreme Court,CBI investigation,CAG reports,public accounts committee,parliamentary standing committees,etc,” Srivastava pointed out.

He has,however,held out a hope that the progress made in this connection would be reviewed by August 30 and a detailed status note sent to the cabinet secretariat,thereafter.

The ministry argued that CIL as a responsible corporate entity cannot be compelled to execute FSAs as under the laws of the land it is governed by a board,although the company has asked all its subsidiaries on August 3 to expedite inking of FSAs.

Power point

* The ministry was ticked off by the Cabinet Secretariat last week for the slow progress made by Coal India in signing the agreements

* The coal ministry has said hurrying the decisions could create an opportunity for officials to bypass procedures

* The Central Vigilance Commission too had recently held the CIL management responsible for improper scrutiny of milestones.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest News Archive News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard
Advertisement
Advertisement
Advertisement
Advertisement