State Govt engages aXYKno to survey Mahajanwadi coal block

Source: The Hitavada      Date: 25 Sep 2016 12:13:13

Special Correspondent,

Maharashtra Government has engaged aXYKno Capital Services, Nagpur for detailed survey and preparation of the feasibility report pertaining to Mahajanwadi Coal Field in Hingna tehsil. Mahagenco has urged Stamps and Registrar Department to stop land dealing transactions in Hingna area with immediate effect. This has created flutter among investors as this area is favourite destination after Wardha road for the investment in property market. The decision had affected property deals worth whopping Rs 2,000 crore in the market. The decision has evoked sharp reaction from residents and many
educational institutions located in this area.
Chief Engineer, Mahagenco in a response to Vidarbha Taxpayers Association (VTA) informed that Mahagenco has selected aXYKno company for the detailed survey of the land.
Chief Minister Devendra Fadnavis and Energy Minister Chandrashekhar Bawankule have directed Mahagenco to undertake the survey of land so as to ascertain the feasibility of the coal block development and submit report to Government of Maharashtra.
It may be mentioned that Chandrashekhar Bawankule had directed Mahagenco officials to first conduct a feasibility test of the coal block for the excavation of the coal in Mahajanwadi coal block in Hingna tehsil before putting a blanket ban on property transactions in this area. The Mahagenco will excavate coal and conduct techno-economic studies to determine whether coal will be affordable for the generation of power.
Coal Ministry had allotted Mahajanwadi coal block to Mahagenco near Hingna tehsil. Mahagenco had instructed Deputy Inspector General of Registration to stop property transactions in Hingna Tehsil of Nagpur district.
Mahajanwadi Coal field is situated in Kamptee Coal Field and it covers the villages Wanadongri (part of town), Raipur, Hingna, Dhangarpura, Sukali, Takali, Kharka, Sumthana, Mondha and Panjari of Hingna Tehsil. All these areas witnessed huge property transactions in last several years. Around an estimated 340 million metric tonnes coal deposit was ound in this area.
Coal mine is spread over 25,000 hectares land in Hingna tehsil. The coal from this block will be provided to nearest thermal power stations. It is necessary to conduct an in-depth study that excavation from this coal block is feasible or not. As per new land acquisition act, the Mahagenco will have to pay four times compensation to the land holders. The ready reckoner rates are also high in this area.
Nagpur Improvement Trust (NIT) has also launched an improvement scheme in Sumthana, Kharka villages. The feasibility report will cover all the aspects of the coal bearing area. If the Mahagenco goes for underground mining then it has to find out load bearing capacity of the coal block area.
The company will involve mining and geological engineers for the survey. Recently, Mahagenco signed an agreement with Ministry of Coal for excavation of coal in this block on April 19, 2016. Mahagenco has deposited bank guarantee of Rs 120 crore to coal Ministry for this coal block. This is one of the biggest coal blocks of the Coal India.