NEW DELHI, September 25 (RAPSI) – India’s Supreme Court on Wednesday revoked 214 of the 218 coal licenses issued to various private companies since 1993, India Today writes on Thursday.

Back in August, the court called the process of license allocation “fatally flawed, non-transparent and arbitrary.”

Only four blocks, three related to Ultra Mega Power Projects of the government and one of Steel Authority of India Limited, were spared. According to India Today, the producers have six months to wind up operations, by March 31, 2015.

Moreover, the companies that have lost their licenses will also have to pay within three months an additional levy of 295 rupees (about $5) per metric ton of coal extracted to “compensate financial loss caused to the exchequer by the illegal and arbitrary allotments.