City
Epaper

Govt putting up 26 coal mines for commercial auction

By IANS | Updated: December 18, 2023 20:25 IST

New Delhi, Dec 18 The government is putting up another 26 coal mines for commercial auction in the ...

Open in App

New Delhi, Dec 18 The government is putting up another 26 coal mines for commercial auction in the next round on December 20, the Ministry of Coal announced on Monday.

While 12 of the mines are in Madhya Pradesh, eight are in Chhattisgarh, five in Jharkhand, and one in Telangana.

The Ministry also said that seven mines are fully explored, while 19 are partially explored.

Three of these mines will be offered under the Coal Mines (Special Provisions) Act 2015 (CMSP), while the other 23 mines will come under the Mines and Minerals (Development and Regulation) (MMDR) Act 1957, according to an official statement.

Unlike previous commercial coal mine auctions, there are no restrictions on the sale or utilisation of coal this time around.

For ease of doing business, the Ministry of Coal said it has conceptualised a single window clearance system portal to create a platform to obtain various clearances for the early operationalisation of coal mines, ultimately resulting in the augmentation of coal production in the country through a single gateway.

The government has undertaken several initiatives to scale up domestic coal production to meet the increased demand for the fuel in the fast-growing economy. In the current financial year, till November 2023, the country has produced about 591.40 MT of coal as compared to 524.72 MT during the same period of last year, with a growth of about 13 per cent.

As a result of increase in domestic production, coal import declined by 5 per cent during April to September 2023, as compared to the same period of the last financial year.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

EntertainmentBigg Boss 19 contestant Abhishek Bajaj calls ex-wife Akanksha Jindal ‘fame digger’

AurangabadLecture on Gandhi Jayanti held at MCE

TechnologyPeople’s Plan Campaign paves the way for more responsive, empowered Panchayats

BusinessPeople’s Plan Campaign paves the way for more responsive, empowered Panchayats

Other SportsIndia goes down 11-19 against Thailand in Water Polo at 11th Asian Aquatics Championships

National Realted Stories

NationalPeople’s Plan Campaign paves the way for more responsive, empowered Panchayats

NationalItalian tourist drowns at Visakhapatnam beach

NationalMadhya Pradesh eyes strategic trade partnership with Assam: CM Mohan Yadav

NationalBJP takes out procession in Kolkata, slams Mamata govt over electrocution deaths

NationalBihar: Bagaha's Reema Devi becomes self-reliant under Jeevika Didi scheme