The Ministry of Coal had invited bids for coal mines for commercial coal mining. Technical evaluation of bids has been completed and forward e-auction of 10 coal mines will be started today.
Eight coal mines will be e-auctioned on September 13 and two coal mines on September 14, 2022. The total Peak Rate Capacity (PRC) of the mines being put up for e-auction is 39.31 million tonnes per annum. According to a statement from the Ministry of Coal.
The Nominating Authority, Ministry of Coal has so far successfully auctioned 43 coal mines with a PRC of 85.54 million tonnes per annum.
Earlier, the Central Government has said that it has taken the following steps to further increase the production of coal in the country.
Commercial Auction of Coal on Revenue Sharing Mechanism: Since the commencement of auction of coal mines for commercial mining in June 2020, a total of 4 rounds of auction have been conducted in which a total of 292 coal mines were offered. 42 coal mines have been successfully auctioned in 3 rounds. Further, in respect of 4th round of auction, bids were opened on 02.03.2022 and 2 or more bids have been received in respect of 5 coal mines and 6 coal mines have received single bids.
Sale of additional coal production allowed: The Ministry of Coal has amended the Mineral Concession Rules, 1960, allowing the sale of coal or lignite by the lessee of a captive mine on payment of an additional amount of up to 50 per cent to the State Government. Is. Of the total coal or lignite produced in a financial year, after meeting the requirement of the end use plant attached to the mine. Earlier this year, the Mines and Minerals (Development and Regulation) Act was amended to this effect. This is applicable for both private and public sector captive mines. With this amendment, the government has paved the way for releasing excess coal into the market by utilizing the mining capabilities of captive coal and lignite blocks, which is partly due to limited production of coal only to meet their captive needs. was being used from.
Ongoing Auctions: In order to expedite the process of auctioning and to have more rounds of auctions in a year, a mechanism has been planned to make the coal mines auctions operational. Under this mechanism, on completion of the electronic auction process of one tranche, the next tranche of auction will be initiated for the following mines:
Mines where no bid or only single bid was received in the previous installment of auction (except mines where Ministry of Coal decides to go for second auction attempt)
New mines, if any, identified by the Ministry of Coal
Single Window Clearance: In order to expedite the operation of coal mines, the Central Government has launched Single Window Clearance Portal for Coal Sector on 11.01.2021. It is an integrated platform that facilitates the approvals and approvals required to start coal mines in India. Now, the entire process will be facilitated through the Single Window Clearance Portal, which will not only map the respective application formats but also process flow for approval or clearance.
Coal India Limited (CIL) has envisaged a one billion tonne coal production program from CIL mines. CIL has taken the following steps to achieve the target of increasing coal production capacity.
15 projects with a capacity of about 160 MTPA (Million Tonnes Per Annum) will be identified through Mine Developer cum Operator mode.
Capacity Augmentation through Special Exemption in Environment Clearance under Clause 7(ii) of Environmental Impact Assessment (EIA) 2006
CIL has taken steps to upgrade the Mechanized Coal Transportation and Loading System under the ‘First Mile Connectivity’ projects.
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