DOMESTIC Govt offers 67 blocks in second tranche of commercial coal mine auction The government offered 67 coal mines for sale, launching the second tranche of commercial coal mining auction and termed it a step towards ‘Aatmanirbhar Bharat’. This is the highest number of mines on offer in a particular tranche after commencement of the auction regime in 2014. “India launched its 2nd tranche of auction for commercial coal mining, offering 67 mines for sale of coal, today. Union Coal Minister Pralhad Joshi launched the auction process in a programme held in New Delhi,” Ministry of Coal said in a statement. NITI Aayog CEO Amitabh Kant and Coal Secretary Anil Kumar Jain were also present in the function. Out of the total 67 mines offered by the ministry, 23 are under Coal Mines (Special Provisions) Act and 44 under Mines and Minerals (Development and Regulation) Act. The blocks on offer are a mix of mines with small and large reserves, coking and non-coking mines and fully and partially explored blocks spread
16 | CCAI Monthly Newsletter March 2021
across 6 states – Chhattisgarh, Jharkhand, Odisha, Madhya Pradesh, Maharashtra and Andhra Pradesh. In many countries including India, second or third COVID wave has led to partial or localised lockdowns delaying the pace of recovery, said D K Srivastava, Chief Policy Advisor, EY India. Lockdown anniversary: Worst behind, Indian economy poised for bounce back but rising virus cases a big risk according to the reply, the Ministry of Statistics and Programme Implementation has issued a circular in this regard on March 17, 2021.Govt to release pending funds of 2019-20 under MPLADS.
To enhance coal output govt identifies 15 new projects: Joshi To enhance coal production and reduce imports, Coal India Ltd (CIL) has identified 15 new projects with a capacity to produce 160 million tonnes per annum, Parliament was informed. Coal India Ltd (CIL) aims to achieve 1 billion tonnes of coal production by 2023-24.
