Coal ministry imposes Rs 150 million fine on Abhijeet Group for not supplying power to Mihan
City-based Abhijeet Group, which is facing criticism for not supplying power to Mihan, has been penalized by the ministry of coal for delay in coal production. The fine imposed is not much and it hurts the company's prestige more than the finances. The delay in coal production, however, has affected the industries in Mihan. Abhijeet Group is not supplying power to Mihan saying that it can't sell power at the rate of Rs 3 per unit as it was buying coal from open market. Had coal production started the situation would have been different. Abhijeet Infrastructure was allocated the Brinda, Sisai and Meral coal blocks in Jharkhand in May 2005. The first two blocks were to start production in May 2008 and the third in November 2008.However, even .....