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Luxury Beyond Salary: CBI Raids WCL’s ASM, Finds Cash and Assets worth crores

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List of Alleged Assets A bungalow in Mohali 900 grams of gold jewellery 3 agri land in Dhanbad A plot of Rs 80 lakh in Ngp A Ford Endeavour SUV Lavish interior work Rs. 17 lakh cash By Dheeraj Fartode Living large in just three years of service, an Area Sales Manager (ASM) of Western Coalfields Limited (WCL) has landed in serious trouble. The CBI alleges that the officer amassed crores in illegal wealth, buying a bungalow in Mohali (Punjab), 900 grams of gold jewellery, three agricultural lands in Dhanbad (Jharkhad), a residential plot worth Rs 80 lakh in Nagpur and a luxury Ford Endeavour SUV. He also spent lakhs on lavish interiors of his houses. The CBI’s Anti-Corruption Branch (ACB), Nagpur, registered a disproportionate assets case and carried out raids, during which Rs 17 lakh cash was recovered from his residence.  The accused have been identified as Sandeep Singh, ASM, Nagpur Area, WCL, and his wife Sweta Singh, residents of Pioneer Regency, Katol Road, Nagpur. The CBI furt...
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Coal supply to Power Utility sector to be monitored regularly

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Coal supplies to Power Utility sector is monitored regularly by an Inter-Ministerial Sub-Group comprising representatives of Ministry of Power, Ministry of Coal and Ministry of Railways constituted by the Infrastructure Review Committee of Cabinet Secretariat. This Sub-Group takes various operational
decisions for smooth coal supplies to power utilities and for meeting any contingent situations relating to Power sector including critical coal stock position. Further, as reported by Central Electricity Authority (CEA), none of the TPPs of Rajasthan are presently carrying critical coal stock position (coal stock of less than 7 days).

Coal is supplied by Coal India Limited (CIL) as per the terms of Fuel Supply Agreement (FSA) for power stations in the country including those in Rajasthan. CIL has guaranteed to supply 90% of Annual Contract Quantity (ACQ) for TPPs commissioned prior to 31.03.2009 and 80% of ACQ for Thermal Power Plants (TPPs) commissioned after 31.3.2009. Supply of coal from CIL sources in the current financial year (till January 2014), has been 87% of the committed quantity under FSA, with supply of 11.66 Million Tonnes against the commitment of 13.47 Million Tonnes. Supplies could have been better but for regulation of supplies by Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) power stations. 
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