New Delhi (ANTARA News/Asia Pulse) - An Indian parliamentary panel has said it is "shocked" to find that inordinate delays in forest and environmental clearancesbesides land acquisition are hurting the country's coal production target and about 100 coal projects have failed to take off. "...there has been considerable delay in land acquisitionfor 34 projects of Coal India subsidiaries which has resulted in shortfall of coal production," the standing committee on coal and steel said in the report.

The parliamentary committee expressed dissatisfaction over coal major's efforts to boost production saying "it should be more serious" in addressing bottlenecks.


Source:
Business in Asia Today - Dec 24, 2009
published by Asia Pulse
 

Editor: Ricka

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