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Six coal mines under allotment process: Govt

Saturday, December 14, 2019, 8:31 AM

The Coal Ministry on December 13 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 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.
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India readies policy to attract foreign investment in coal mining

Wednesday, October 16, 2019, 8:35 AM

India expects to have formulated a policy within the next two-weeks to attract foreign-investment to its coal mining industry, the country's Coal Minister Pralhad Joshi said. Sources told Reuters last-month that the country planned to invite bids for coal-mining blocks by the end of 2019. It is also creating a coal price index as part of plans to open the sector to outside investment.

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