The Supreme Court ruled on August 25 that all coal block allocations made by the government between 1993 and 2009 were illegal. Here is a look at the key events in the sector ahead of the SC ruling on Wednesday.
1972-76
- Coal India Limited (CIL) set up as a state-owned company
- Coal Mines (Nationalisation) Amendment Act, 1976 enacted
- Mining leases to all private firms, except iron steel producers, terminated
- Iron and steel producers allowed to carry on coal mining for captive use
1992
- Coal ministry sets up Screening Committee to consider coal mining applications from private companies
1993
- Coal Mines (Nationalisation) Act, 1976 amended to allow power, in addition to iron and steel, companies to carry out captive coal mining
- Screening committee guidelines give preference to large projects of power and steel companies
- Blocks allocated on a first-come-first-served basis
1996
- Cement sector allowed carry out captive coal mining
2005
- Expert committee under TL Sankar, chairman, Energy Group Administrative Staff College, submits coal sector reform roadmap to Prime Minister
2006
- Government allows 100% foreign direct investment (FDI) in captive coal mining in power, iron and steel, and cement sectors
August 2012
- Comptroller and Auditor General (CAG) report tabled in Parliament estimating that by not auctioning coal blocks, the government may have handed out a windfall of about Rs. 1.86 lakh crore to private power companies
- BJP steps up pressure on the government demanding the PM’s resignation
- PM Manmohan Singh states CAG’s observations are clearly disputable.
September 2012
- As an inter-ministerial group (IMG) begins review of coal blocks hit by delays
- CBI carries out raids across 10 cities and books five firms
- SC begins monitoring the CBI probe into the coal field allocations
March 2013
- SC asks CBI director Ranjit Sinha not to share details of its investigation with the government.
April 2013
- Parliamentary standing committee says allocations between 1993 and 2008 done arbitrarily
- CBI director Ranjit Sinha admits that the investigation report was shared with the then law minister Ashwani Kumar
May 2013
- Ashwani Kumar resigns
April 2014
- Former Coal Secretary PC Parakh says in his book that the authority of PM Manmohan Singh was undermined by former coal ministers Sibu Soren and Dasari Narayan Rao
July 2014
- SC sets up a special CBI court to try all coal field allocation cases.
August 2014
- SC says all coal blocks since have been allocated illegally and arbitrarily since 1993
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