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.
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.