Satna: The mining department found 40,000 metric tonnes of coal worth Rs 12 crore stored illegally in a cement factory during a raid in Madhya Pradesh's Satna district last Friday.
Cement factories require a license to store coal. But the Prism cement factory owned by a Raheja group had not even applied for one.
The mining department, as per rules, fined the company 10 times the worth of the stored coal at a whopping Rs 120 crore.
"The cement factory has been found guilty of illegally storing 40,000 metric tonnes of coal whose market value is estimated to be Rs 12 crore. So we have fined the factory 10 times of its worth which is Rs 120 crore. The case is now in the District Magistrate's court," said mining officer SN Pandey.
Cement factories require a license to store coal. But the Prism cement factory owned by a Raheja group had not even applied for one.
The mining department, as per rules, fined the company 10 times the worth of the stored coal at a whopping Rs 120 crore.
Advertisement
COMMENTS
Advertisement
Stripped Of His Ministry, Madhya Pradesh MLA Threatens To Quit Along With Wife Amid Row Over Kanwar Yatra Eateries Order, Madhya Pradesh's Clarification Truck Dumps Gravel On 2 Women, Tries To Bury Them Alive In Madhya Pradesh IAS Officer's Wife Who "Eloped" With Gangster Returns Home, Dies By Suicide INS Brahmaputra Severely Damaged In Fire, Lying On Its Side; Sailor Missing Kuwait Couple Divorces Within 3 Minutes Of Getting Married Due To This Reason Infiltration Attempt Foiled In J&K's Battal, Soldier Injured In Firing UGC Notifies Universities To Fill Up Vacant Posts At Their Campus Kamala Harris Draws On Prosecutorial Skills Against Trump In Election Bid Track Latest News Live on NDTV.com and get news updates from India and around the world.