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15 new projects identified with 160 mtpa capacity to boost coal output: Minister
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NEW DELHI :
The government on Wednesday informed the Parliament that Coal India has identified 15 new projects with a capacity to produce 160 million tonnes per annum to increase domestic coal production and reduce dependence on imports.
Coal and mines minister Pralhad Joshi told Lok Sabha that the focus of the government is on increasing domestic production of coal and to achieve these targets through the allocation of more coal blocks, pursuing with the state government for assistance in land acquisition and co-ordinated efforts with railways for movement of coal. 15 greenfield projects identified with a capacity of about 160 MTPA (Million Tonnes per Annum) to be operated by mine developer cum operator mode
The Centre plans to permit sale of 50 per cent of coal/lignite produced by captive blocks, a move aimed at augmenting the production and increasing the availability of dry fuel. The government plans to do so through incorporation of a provision in the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR). In the note for consultation of Ministry of Mines, it is proposed to incorporate a provision in the Act to allow sale of 50 per cent of coal/lignite produced by captive mines on an annual basis. Further, an additional amount will be charged on the merchant sales of coal/lignite by the captive miners, the coal ministry said in brief note.
Centre plans to permit sale of 50% coal from captive blocks, invites comments
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Centre plans to permit sale of 50% coal from captive blocks, invites comments
PTI / Feb 21, 2021, 11:41 IST
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NEW DELHI: The Centre plans to permit sale of 50 per cent of coal/lignite produced by captive blocks, a move aimed at augmenting the production and increasing the availability of dry fuel.
The government plans to do so through incorporation of a provision in the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR). In the note for consultation of Ministry of Mines, it is proposed to incorporate a provision in the Act to allow sale of 50 per cent of coal/lignite produced by captive mines on an annual basis. Further, an additional amount will be charged on the merchant sales of coal/lignite by the captive miners, the coal ministry said in brief note.
State-owned Steel Authority of India (SAIL) neither applied technical due diligence nor conducted techno-commercial study to assess viability before the allotment of its captive coal blocks at Parbatpur and Sitanala, audit report no 18 of 2020 of Comptroller and Auditor General of India (C&AG) said today. These two blocks, which had to be subsequently surrendered, hence resulted in the amount spent on development of the same infructuous, examined the audit. The audit released today examined records of all captive mines of SAIL for the period 2014-19 to assess the management of captive mines and compliance with safety and environmental laws. The report pointed out that since the company’s iron ore production level, at Dalli, Rajhara and Barsua mines were lower than planned, it resulted in transfer of the key raw material from distantly located mines by the Bhilai Steel Plant and Rourkela Steel Plant leading to extra expenditure on freight differential.