The Minister of Petroleum and Natural Gas S. Jaipal Reddy informed in the Lok Sabha in a written reply that the details oil and gas production from the block KG-DWN-98/3 during the last three years and current year (Upto October, 2011) are given below:

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The Minister of Petroleum and Natural Gas S. Jaipal Reddy informed in the Lok Sabha in a written reply that with the efforts of his Ministry, all-round progress has been made in the petroleum sector.

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FIRs have been registered against theft/pilferage of coal in ECL and BCCL during the last three years and the current year. FIRs registered against persons involved in theft/pilferage of coal in Eastern Coalfields Ltd. (ECL) and Bharat Coking Coal Ltd. (BCCL) during the last three years and the current year are given below:

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Depending upon the availability of indigenous coal, shortage of coal is estimated on a year to year basis. For the year 2011-12, against an estimated coal requirement of 455 Million Tonne(MT), availability of indigenous coal was indicated as 402 MT, thereby resulting in a shortfall of 53 MT coal.

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The Government has prepared a new draft Mines and Minerals (Development and Regulation) Act, 2010 which inter-alia proposes to make it mandatory for all coal mining lease holders including Public Sector Undertakings (PSUs) to share 26 per cent of their profits after tax with the concerned District Development Authority.

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A Report titled “ Safety Evaluation of Indian Nuclear Power Plant post Fukushima Accident” containing the safety review of Indian Nuclear Power Plants has been prepared by the task forces constituted by the Nuclear Power Corporation of India Limited.

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The Government proposes to set up a Coal Regulatory Authority for coal sector. In thisregard, a draft Cabinet Note along with draft Bill, 2010 on setting up of a Coal Regulatory Authority was circulated to various Ministries/Departments for their comments.

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Lenders to the Vijay Mallya-promoted Kingfisher Airlines will meet tomorrow to discuss if additional funding could be provided to the airline which has run into more financial turbulence.

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