April 12, 2026 04:39 pm (IST)
Follow us:
Supreme Court to pass verdict on coal scam petitions
New Delhi, Aug 25 (IBNS) The Supreme Court on Monday is likely to rule on petitions seeking the scrapping of coal block allocations during the previous UPA regime.
According to media reports, Chief Justice of India RM Lodha has examined the allegations of corruption in coal block allocations in various states.
The Central Bureau of Investigation (CBI) is probing the scam.
The coal scam had sprung into headlines after the Comptroller and Auditor General's (CAG) report on coal block allocation estimated a loss of Rs 1.86 lakh crore to the national exchequer owing to irregular allocations.
The CAG named 25 private companies as beneficiaries of coal block allocations in various states. They included companies like Essar Power, Hindalco, Tata Power, Tata Steel and Jindal Steel and Power Ltd.
The allocations date back to the time when Prime Minister Manmohan Singh was holding the portfolio.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
India eyes deeper Europe ties as Foreign Secretary Vikram Misri heads to Paris, Berlin
Sun, Apr 12 2026
Opposition slams govt over women’s quota push, Mallikarjun Kharge questions ‘haste’
Sun, Apr 12 2026
Veteran singer Asha Bhosle hospitalised in Mumbai with 'extreme exhaustion, chest infection'
Sat, Apr 11 2026