Coal sector: Journey begins from monopoly to competition


Coal sector: Journey begins from monopoly to competition

By opening the door to private players for commercial mining, the coal sector this year witnessed its biggest reform in over four decades.

However, it may still take some five-seven years before coal blocks are auctioned and results become visible as exploration and mine development for actual production of private commercial mines begin, say people associated with the coal sector.

But, this has not deterred the management of Coal India to sensitise its employees about the looming threat that the private sector poses in the long run.

The world’s biggest coal miner has asked its staff to pull up their socks and embrace the new challenges facing them. Read More

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