JSPL chief denies violation of coal-allocation norms

CNBC-TV18 reports that Congress MP and JSPL chairman-and-managing director Naveen Jindal rubbished allegations that the company had violated norms in order to acquire coal blocks.

September 10, 2012 / 20:36 IST
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In another development in the ruckus over coal block allocations, Congress MP and JSPL chairman-and-managing director Naveen Jindal rubbished allegations that the company had violated norms in order to acquire coal blocks. Jindal added that the charges levied by the Opposition were baseless.


Jindal told CNBC-TV18 that his company had the best credentials and was one of the only two companies that had the technology to convert coal into liquid fuel. He added that it was not possible to wait for auction process to start as the country needs coal at the earliest.
"These coal blocks have not been given to a Member of Parliament. These blocks have been given to a company which has an excellent track record of implementing projects," retorted Jindal.
first published: Sep 10, 2012 08:24 pm

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