Financial Daily from THE HINDU group of publications
Thursday, Feb 09, 2006


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Industry & Economy - Coal


Hurdles to Bharat Coking tapping Jharia fields cleared

Badal Sanyal

The Jharkhand government has formed a rehabilitation and development authority with a plan to set up townships where all residents and business establishments located on the fire-prone area would be shifted.

Dhanbad , Feb. 8

THE stiff resistance for the implementation of Jharia Action Plan (JAP) which aims at shifting about 65,000 houses from as many as 532 endangered mine sites has been countered thus paving the way for Bharat Coking Coal Ltd (BCCL) to access about 4.6 billion tonnes of untapped coking coal reserve in the Jharia coalfields.

Approving the Rs 5,792-crore action plan, the Planning Commission has advised BCCL to implement it within 10 years instead of a 20-year timeframe formulated earlier in response to the directive by the Supreme Court in 2003.

The JAP has components such as fire control at 34 projects in 40 mines and stabilisation of 121 fire bearing mine sites.

The entire money earmarked for JAP would be organised from the sale of coal.

Coal India Ltd (CIL) has thus decided to increase Stowing Exercise duty from Rs 5.5 to Rs 10 per tonne of coal produced by all its production subsidiaries, while a levy at the rate of Rs 6 per tonne will be charged on all CIL's profit making companies. These two measures would help generate about Rs 350 crore per annum, the entire money being spent on implementation of JAP.

The first mine fire at Jharia Coalfields was detected in 1916. In subsequent years the fire spread due to unscientific mining practices employed during the pre-nationalisation period.

BCCL, when it was incorporated in 1972, inherited 70 mine fires (covering 17 sq kms). About 37 million tonnes of coal have been lost in the fire.

A committee constituted by the Directorate General of Mine Safety (DGMS) has said stabilisation of fire-bearing mines was not a permanent solution as lives of people living in coal bearing areas would be endangered in the long run. Rehabilitation of people in the affected area would require building 15,000 houses.

Meanwhile, the Jharkhand government has formed a Jharia Rehabilitation and Development Authority (JRDA) with a plan to set up townships on the northern and eastern sides of Jharia Coalfields. All residents and business establishments located on the fire-prone area would be shifted to the new townships.

Already, construction of houses is in full swing by the JRDA.

Senior executives of BCCL felt that JAP, once implemented, would provide scope for large scale opencast mining at the Jharia coalfields, provide scope for deploying larger heavy earth-moving machines, revive local hard coke manufacturing units, and boost the local economy. The successful implementation of the plan would also generate substantive surplus for BCCL.

More Stories on : Coal

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
MK varsity plans to establish windmill


Farm workers' pension puts strain on Kerala's finances
Industry foundation award for Exim Bank chief
`Economy on a roll, but common man's concerns remain'
Maharashtra Plan outlay pegged at Rs 14,829 crore
Services sector fuels 9.2 pc growth in Kerala
`Manufacturing sector posts moderate growth'
CII, Govt of Victoria tie up for jt research
Australia moots jt ventures with Indian companies — Energy, IT, oil favoured areas
India, Serbia sign double tax avoidance treaty
Courtyard hotel opens in Chennai
Rangarajan panel may propose changes in petro-pricing mechanism
India committed to Iran pipeline project: Deora
Oil bonds to carry 7 per cent interest
Vulture decline: Pressure builds to ban Diclofenac
Maharashtra for restarting Dabhol plant with naphtha as feedstock — Willing to pay more for power
Maharashtra to hike power capacity
Indirect tax collections up 16.2 pc in April-Jan
Citi eyes 20 pc growth in SME business
Hurdles to Bharat Coking tapping Jharia fields cleared
Osmania varsity plans global foray, Rs 9-cr hub
Kotak India Real Estate Fund-I raises $100 m
`Reality 2006' from Feb 11 in Bangalore
TN chamber opposes compulsory use of Hindi
Space sciences seminar in Andhra varsity from today
Russia to plough back India's debt payments as investment
Dakshina Kannada NGO to take up projects in Rajasthan
Goa Chief Minister to inaugurate meet on urban space
Tread carefully!
Raw materials expo to be held in Coimbatore
Oilmeal exports increase 36 pc
Forex loans — Exporters first: RBI



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line