Centre enables 50 per cent sale of coal from captive mines
01 Nov 2021
The government has amended rules with a view to allowing 50 per cent sale of coal from captive mines. The move is expected to help more than 100 captive coal and lignite blocks with more than 500 mn tonne (mt) per annum peak rated capacity and all coal and lignite bearing states. In a statement, the Ministry of Coal said that it revised Mineral Concession Rules, 1960 with a view to enabling the sale of coal or lignite, on payment of an additional amount, by the lessee of a captive mine up to 50 per cent of the total coal or lignite generated in a financial year, after reaching the requirement of the end use plant associated withÂ
the mine.
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