Pointing to CBI shadow, Coal Ministry plays cautious on changing mining lease norms


Pointing to CBI shadow, Coal Ministry plays cautious on changing mining lease norms

Not just pressure from trade unions, last year’s indictment of former Coal Ministry officials by a special CBI court also cast a shadow on major reforms — including private coal mining for market sale — recommended by the High Power Expert Committee (HPEC).

As The Indian Express reported Wednesday, the Coal Ministry, in a proposal for the approval of Committee of Secretaries, has put on hold the plan to allow private companies to mine coal for commercial sale.

Last July, the HPEC suggested that eligibility of bidders be decided on the basis of “adjusted tangible net worth” as well as “past mining experience expressed in terms of volume handled vis-à-vis the size of mine and/or investment required” while retaining the criteria mentioned in the 2015 coal law. Read More

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