The Inter-Ministerial Group on coal block allocation will submit its report to Coal Ministry of India today. The IMG has concluded its three-day review of 29 private sector allottees, including Jindal Steel and Power and others in which relatives of politicians held positions. After submitting the report to the Coal Ministry today, it will be forwarded to the Prime Minister's Office before September 15. Sources indicate that nearly 60 companies may lose their license for not starting work on their blocks. The panel is reviewing the progress of coal blocks allocated to private firms without auction. The IMG meeting took place in the backdrop of Comptroller and Auditor General (CAG) estimating undue advantage to private companies to the extent of Rs 1.86 lakh crore in the absence of auction.

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