NTPC, Vedanta among 16 companies issued show cause notices for delays in mines operationalisation

The government on Friday said it has issued show cause notices to 16 companies, including NTPC NSE -2.55 %, JSW Steel NSE -1.91 %, Hindalco NSE -0.77 %, Vedanta NSE -1.51 % and Nalco NSE -0.22 %, for delays in operationalisation of coal blocks. Show cause notices are issued from time to time to companies which do not adhere to the timelines prescribed in their agreements for timely operationalisation of coal blocks or for non-achievement of targeted coal production.