India News | All Coal Mines Allocation Are Through Open Auction, Says Kishan Reddy

Hyderabad (Telangana) [India], December 11 (ANI): Union Minister G Kishan Reddy on Saturday refuted Telangana Chief Minister K Chandrashekar Rao's allegations of alloting coal mines only to Gujarat, and said that the Centre has given coal mines not as per its wish but through an open auction.

Speaking to ANI, Reddy said that the government had given the allotment to Singareni Collieries Company Ltd. (SCCL) in Telangana before 2020, however, it decided thereafter that the coal mining allocation through an open auction.

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"KCR is making a false accusation that the central government is alloting coal mines to government companies in Gujarat and not giving it to the Singareni Collieries Company Ltd. (SCCL) in Telangana. Before 2020, the allotment has been given to Singareni and also to Telangana GENCO for power generation. The same has been given to Gujarat. After 2020, the central government decided that the coal mining allocation will be through an open auction," he said.

"The country is facing a huge problem because of coal shortage as government companies that are allocated the mines are not mining coal. Power generation and employment generation have decreased," Reddy added.

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Stating that coal should be made based on demand and supply, the Minister said that the private sector should also be made a part of this.

"The coal should be made based on demand and supply. The private sector should also be a part in this. The central government has not given any coal mines as per their wish, but through open auction to private or government companies. KCR is making the false accusation that there is a different justice to Gujarat and a different justice to Telangana by the central government. The centre has given mines to Telangana also when it gave to Gujarat," he said. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)