From Coal Shortages to Coal Surpluses, All It Took Was Determination: Minister Piyush Goyal

The Minister said that the Government is fast opening up the coal sector to competition in near future and private miners would be coming into the sector to bring in competition. He also said that we are working towards bring linearity in pricing of coal between lower and higher grades.

From Coal Shortages to Coal Surpluses, All It Took Was Determination: Minister Piyush Goyal

Encouraging stakeholders of power and sectors to work on a Mission Mode to serve the masses and make India self reliant in coal reserves, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal said on Wednesday that the “Difference between the Possible and Impossible lies in a Man’s determination.”

Union Minister Piyush Goyal Updates Parliament On Auctioning of Coal Blocks

No coal mine / block has been auctioned in the last one year under the provisions of the Coal Mines (Special Provisions) Act, 2015. However, 6 coal mines have been allotted to State Government Undertakings for sale of coal in the last one year under the provisions of the said Act.

Union Minister Piyush Goyal Updates Parliament On Auctioning of Coal Blocks

The government has so far allocated 82 coal blocks and mines by way of auction / allotment under the provisions of the Coal Mines (Special Provisions) Act, 2015 and the Rules made thereunder. Of these 82 coal mines, 31 have been allocated through e-auction and 51 by way of allotment.

1 2 3