Indian cabinet approves auctioning of legacy issues non-coal mineral blocks

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The Indian cabinet has approved a proposal to amend the relevant law for auctioning partially or minimally explored mines under current leases, but entangled in legacy issues and litigation through competitive bidding. Over 500 non-coal mineral blocks will be up for grabs now. Further, the employment-intensive, but highly under-invested sector, will get a fillip from […]

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Modi govt’s ‘Aatmanirbhar Bharat’ campaign to substitute imported coal with domestic fuel

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Coal Minister Pralhad Joshi met his counterpart in the power ministry, R K Singh last week to discuss substituting imported coal with domestic fuel as part of initiatives towards the government’s ‘Aatmanirbhar Bharat’ goal. During the meeting, both ministers also deliberated on strategies for removing bottlenecks to augment coal suply in the country. “Had a […]

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Coal ministry rejects Niti Aayog’s proposals on raising mining output

Terming them “completely contrary to principles of transparency”, the Union coal ministry has rejected the recommendations of a high-level committee of Niti Aayog on ramping up coal production. The panel had suggested to put an end to captive coal block allocation and conduct auctions only for commercial mining. “Any sudden change in policy pushing for […]

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India’s Coal Ministry sets production target of 635 million tonnes for CIL

India’s Coal Ministry has set a production target of 655-million tonnes for State-run miner Coal India Limited (CIL) for 2019/20. This compares with production of 607-million tonnes achieved by CIL during 2018/19, which is a shade below the 610-million-tonne target set by the Ministry for the year. The government has fixed the production target for […]

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