Ordinance tweaked to help coal PSUs avoid penalty of ...
NEW DELHI: The government has quietly altered a clause in the second coal ordinance that has helped stateowned utilities in West Bengal, Karnataka and Punjab avoid payment of almost Rs 4,000 crore in penalties imposed by the Supreme Court and yet become eligible for fresh coal block allotments. The alteration in the ordinance dated December 26, 2014, makes EMTA, a mining contractor that ...