West Bengal government looks to sell 30% of coal output in open market


West Bengal government looks to sell 30% of coal output in open market

The West Bengalgovernment is keen on entering commercial coal mining and intends to sell 25% to 30% of its output in the open market from the world’s second largest block allotted to the state earlier this year.

Commercial sale is expected to provide economies of scale to the operation bringing down costs which, otherwise, are expected to be high due to difficult geological build of the block.

“All mining activities are associated with some difficulties but with larger scale of operations and advanced technologies these issues can be resolved,” state finance minister Amit Mitra told reporter at the Global Mining Summit organised by Confederation of Indian Industry in Kolkata on Wednesday.  Read more

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