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Wednesday, 12 August 09
COAL MINE PLAN SHOT DOWN OVER GREEN CONCERNS
 The Times of India reported that, In a major setback to Adani Powers, the principal chief conservator of forests (PCCF) has rejected its proposal for operating a captive coal
mine in the vicinity of Tadoba-Andhari Tiger Reserve (TATR) for its 1000 MW power plant in Gondia, home town of civil aviation minister Praful Patel.
Additional chief secretary (revenue and forest) J P Dange on Monday confirmed that his office had received a comprehensive report from the PCCF, saying Adani Powers should not be allotted the 1750 hectare coal block. "We have received the report. It will be placed before the forest minister Babanrao Pachpute as well as chief minister Ashok Chavan for their opinion,'' Dange said.
A senior official said the PCCF has made it clear that if Adani Powers is granted permission to operate a captive open-cast coal mine for its proposed thermal plant, it will have an adverse impact on the environment, particularly on the TATR near Chandrapur.
As per the rules, once a proposal for allotment of a coal block is submitted to the Centre, it seeks the PCCF's opinion on its impact on the environment before further processing the application. In its proposal, Adani Powers has submitted a comprehensive mining plan, rehabilitation plan and wildlife conservation plan to the ministry of environment and forest.
A week ago, Pachpute had told TOI that till the PCCF submits the report, it will be premature to comment on the on-going agitation against the multicrore power project, while Praful Patel had taken the view that a right balance should be struck between environment and development. "We expect that the CM and Pachpute will take a decision on the PCCF recommendations within a week and submit the report to the Centre,'' a senior forest official said.
Barring Praful Patel, all MPs from Vidarbha led by Congress MP Vilas Muttemwar have opposed the proposal for allocation of the coal mine block on the ground that its operation would cause colossal damage to the rich biodiversity in and around TATR and seriously endanger the very existence of tigers in the reserve, rated as the best in India in terms of tiger population.
Significantly, even Union minister of state for environment Jairam Ramesh has also stepped in following the agitation. "The ministry of environment and forest has not received any proposal for clearing a coal mining project. As and when the proposal comes, we will take a decision keeping in view the relevant laws and regulations, which are there to protect the environment as well as the tiger reserve. I assure you that protection of the environment and the tiger reserve is my first priority,'' Ramesh said in a letter to environmental activist Bandu Dhotre.
In response to the issues raised, Adani Power submitted that a total 1,598 hectares of forest land will be acquired. On approval of the forest diversion plan, land having equivalent area will be handed over to the forest department for compensatory afforestation. "We will minimise environmental impact by good mining practices and execution of a wildlife conservation plan ,'' an official said.
Source: The times of India
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Tuesday, 28 July 09
BUKIT ASAM ENJOYS STRONG FIRST HALF
The Jakarta Post reported that, state coal miner PT Tambang Batubara Bukit Asam (PTBA) enjoyed a strong first half performance with six-month net pr ...
Tuesday, 28 July 09
NEWCASTLE LOADED 1.943 MILLION TONS OF COAL IN THE WEEK ENDED 27TH JULY 2009
COALspot.com (Singapore) : The volume exported from Australia’s Newcastle port in the week ended - 07:00 hours 27 July 2009 ...
Monday, 27 July 09
INDIA PAYING HIGHEST PRICE FOR S.AFRICA COAL - PRODUCERS
* Spread between South African and Pacific origin coal very wide
* Lack of European buying makes India indicator of value
Reuters reported that, ...
Monday, 27 July 09
TAIWAN'S FORMOSA EYES S.AFRICAN COAL FOR Q4: TRADE
Reuters reported that, Taiwan's Formosa Plastics Group is looking to buy two South African thermal coal cargoes for delivery in the fourth-quarter, ...
Monday, 27 July 09
ADANI POWER'S $625 MILLION IPO TO GENERATE HOT DEMAND
WSJ reported that, Adani Power, the electricity generating unit of India's Adani Enterprises Ltd., is set raise up to US$625 million in wha ...
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