Coal news and updates

Coal Minister Launches Projects Monitoring Portal to Enhance Efficiency, Transparency & Improve Communication Between B2G, G2G & G2B

With the view to putting in place an institutional mechanism to track stalled investment projects, both in the public and private sectors and to remove implementation bottlenecks in these projects on a fast-track basis, Shri Piyush Goyal, Union Minister of State ( IC) for Power, Coal , New & Renewable Energy has launched online Coal Projects Monitoring Portal (e-CPMP) for all large projects, both public and private in the Ministry of coal.

Speaking on the occasion , Shri Goyal said that the new system will bring in more transparency and responsiveness in the Ministry. Shri Goyal expressed his confidence that each of 30 allottees will successfully mine each piece of coal that is expected from them. The Government will encourage everyone to do more mining so that each one of allottee will not only meet their targets but exceed their targets, Shri Goyal added.

Shri Anil Swarup , Secretary Coal said that this marks a new beginning in making system transparent in the coal ministry.

e-CPMP (Online Coal Project Monitoring Portal) has been developed for tracking projects that entail an investment related to coal. IT automates the entire tracking of projects in the context of the bottlenecks. This system has been designed in such a way that it will enhance the efficiency, bring transparency, boost the investor confidence, revive the investment cycle, eliminate the human interaction, and improve the communication between industries to Government (B2G), Government to Government (G2G), or vice versa (G2B). It automates the entire tracking of issues resolution mechanism from submission to commission on time. This would include submission of a new project, editing/updating the projects, reviewing the projects, submission of details relating to bottlenecks and the decisions taken to remove the implementation bottlenecks in the stalled coal related projects. It also includes preparation of Agenda that can be generated online and circulated with auto mailer to all the Nodal officers. System also provides various Graphical Analysis and Reporting functionalities. The system also provides general issues module through which agencies, states and coal administrator can discuss other issues apart from projects.

Investors (Private Entrepreneur) can create their login credential with this platform and the same credential can be used to submit projects with issues. When any project with issues is being added by an Investors (Private Entrepreneur) to the e-CPMP, the portal shall automatically push the data to the respective agencies/Subsidiaries for their comment or action. Once the project is being endorsed by Nodal Officer of e-CPMP, Investors get the immediate response through automatic mailer and they can see the current status of concerned projects through this platform immediately after the subgroup meeting is over, if the decision is being entered online.

source: http://www.business-standard.com