New Delhi: Among the four firms whose coal licenses have been revoked yesterday by the government is Castron Mining.
In 1999 when the BJP-led NDA was in power, Castron Mining was given one coal block in Jharkhand. In India, private firms cannot operate coal mines for commercial use -the coal blocks they get have to feed power, steel or cement plants.
Castron was meant to use its coal block in Jharkhand for an iron and steel project. Because it has yet to begin mining, its coal license is being cancelled.
Castron's office at Nariman Point in Mumbai is shared by businessman Anup Aggarwalla's BLA Group , which has interests in the power sector. Both companies list the same address on their websites. Mr Aggrawala's firm was allotted two coal blocks in Madhya Pradesh in 1996.
Mr Aggarwala is listed as the co-convener of the BJP's Commerce Cell on the party's website. In 2009, he was the BJP's candidate for the Rajya Sabha election from Ranchi, but lost.
In June 2012, the businessman was also part of a business delegation to Tokyo led by Madhya Pradesh Chief Minister Shivraj Singh Chouhan.
In 1999 when the BJP-led NDA was in power, Castron Mining was given one coal block in Jharkhand. In India, private firms cannot operate coal mines for commercial use -the coal blocks they get have to feed power, steel or cement plants.
Castron was meant to use its coal block in Jharkhand for an iron and steel project. Because it has yet to begin mining, its coal license is being cancelled.
Castron's office at Nariman Point in Mumbai is shared by businessman Anup Aggarwalla's BLA Group , which has interests in the power sector. Both companies list the same address on their websites. Mr Aggrawala's firm was allotted two coal blocks in Madhya Pradesh in 1996.
Mr Aggarwala is listed as the co-convener of the BJP's Commerce Cell on the party's website. In 2009, he was the BJP's candidate for the Rajya Sabha election from Ranchi, but lost.
In June 2012, the businessman was also part of a business delegation to Tokyo led by Madhya Pradesh Chief Minister Shivraj Singh Chouhan.
