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Coal-Gate: Cost of De-Allocation?

Published on Mon, Sep 08,2014 | 22:55, Updated at Tue, Sep 09 at 10:33Source : CNBC-TV18 |   Watch Video :

Tomorrow the Supreme Court will resume hearings on what to do about the 218 illegally granted coal blocks. Companies will argue that large scale de-allocation will be disastrous. The petitioners will argue the impact is not that big and worth the clean up effort. Will de-allocation hurt power generation? Would costs go up if de-allocation & re-allocation takes place? Would consumers have to pay more for power? What about the possible increase in bank NPAs if de-allocation leads to break in coal linkage for end use plant? To answer these questions. ‘The Firm’ spoke to the petitioner in the coal block allocation case- Sudiep Srivastava.


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