Joshi said India stood fifth in terms of coal reserves and the Centre was working towards achieving self-sufficiency in coal production
The state-run miner had a target to produce 660 million tonnes of coal in 2019-20 as against 607 million tonnes produced in the last fiscal
The government would do better to create a market for natural gas
"There is a shortfall and that's why we have opened up the sector. About the SHAKTI Policy… my predecessor Piyush Goyal has done well. But why are all these policies needed?", says Pralhad Joshi
Removal of end-use restrictions is a major step forward
The coal ministry has allocated Rohne and Tokisud North coal blocks under Section 5(1) of the Coal Mines (Special Provisions) Act, 2015, for commercial mining, NMDC said in a statement
This move gains significance as the new private entities are now going to form a significant part of the future
The cell will also formulate the future policy framework for environmental mitigation measures, including the Mine closure Fund.
The Coal Ministry on Friday said it is considering allotment of six coal mines that have been marked for end-uses like power, iron and steel and sale of coal. The ministry had started allotment process for 15 coal mines for various specified end-use such as in power and iron & steel sectors. In the allotment process, applications were received in the case of six out of 15 coal mines, the coal ministry said in a release. On the basis of evaluation of applications received in the allotment process, six mines namely Durgapur II Taraimar/Durgapur II Sariya, Mandakini, Utkal C, Sugia Closed Mine and Tokisud North are under consideration for the allotment, the coal ministry said. The mines will add over 5 million tonnes (MT) coal per annum to the country's coal output besides reducing dependence of industries on imported coal, the ministry said. "These mines will add more than 5 MT coal per annum and boost the coal production in the country and reduce the dependence of industries on ...
CMPDI informed the ministry that a model contract document and request for proposal to select CBM developer have been prepared and submitted to coal companies, the official said.
Imports are seen falling to below 150 million tonnes by the year ending March 2024, down from 235.2 million tonnes India got from overseas in the last fiscal year.
The coal block will feed state-owned NTPC's 1600 Mw super thermal power plant at Darlipalli near Sundargarh in Odisha.
Asks Reliance to pay damages for not developing the allotted coal block
The amount is for coal bearing host states of Odisha, Jharkhand, West Bengal, Chhattisgarh & Maharashtra