Coal ministry finalising robust mine closure framework
COAL & MINING

Coal ministry finalising robust mine closure framework

The Ministry of Coal is in the process of reaching a robust mine closure framework with a focus on three major features of institutional governance, people and communities and environmental reclamation and land repurposing on the principles of just transition.

The Ministry is in discussion with the World Bank for getting assistance and support in this program. Broad experience of the World Bank in managing mine closure cases in many nations will be extremely advantageous and promote the adoption of the best practices and measures in the handling of mine closure cases.

A Preliminary Project Report (PPR) for the aimed engagement with the World Bank has been submitted to the Finance Ministry for required permissions.

The process of repurposing of closed mines sites has already begun by the Sustainable Development cell of the Ministry of Coal. Many rounds of meetings have been conducted with coal firms and the Coal Controller Office to address different features relating to the envisioned program. Inter-Ministerial consultations have also been done with ministries related and NITI Aayog to get their opinions and suggestions.

As of now, the Indian Coal sector is doing its best to meet the country’s energy demand by expanding coal generation and taking many initiatives at the same time towards choosing a path of sustainable development with importance on care for the environment and the host community.

The Indian coal sector is relatively new to the idea of systematic mine closure. Mine closure guidelines were first issued in 2009, re-issued in 2013 and are still evolving. Since coal mining in India had begun long back, the coalfields are replete with many legacy mines remaining unused for long.

Additionally, mines are closing and will close in future also because of reasons like reserves exhaustion, adverse geo-mining conditions, safety concerns. These mine sites must not only be made safe and environmentally stable but, the continuity of livelihood should be guaranteed for those who were directly or indirectly reliant on the mines.

Additionally, reclaimed lands will be repurposed for the economic advantage of the community and state involving tourism, sports, forestry, agriculture, horticulture, townships.

The Ministry of Coal has envisioned building an all-inclusive comprehensive India-wide mine closure framework to include legacy mines, recently closed mines and mine closures scheduled to happen in the short term.

Image Source


Also read: Centre enables 50% sale of coal from captive mines

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Ministry of Coal is in the process of reaching a robust mine closure framework with a focus on three major features of institutional governance, people and communities and environmental reclamation and land repurposing on the principles of just transition. The Ministry is in discussion with the World Bank for getting assistance and support in this program. Broad experience of the World Bank in managing mine closure cases in many nations will be extremely advantageous and promote the adoption of the best practices and measures in the handling of mine closure cases. A Preliminary Project Report (PPR) for the aimed engagement with the World Bank has been submitted to the Finance Ministry for required permissions. The process of repurposing of closed mines sites has already begun by the Sustainable Development cell of the Ministry of Coal. Many rounds of meetings have been conducted with coal firms and the Coal Controller Office to address different features relating to the envisioned program. Inter-Ministerial consultations have also been done with ministries related and NITI Aayog to get their opinions and suggestions. As of now, the Indian Coal sector is doing its best to meet the country’s energy demand by expanding coal generation and taking many initiatives at the same time towards choosing a path of sustainable development with importance on care for the environment and the host community. The Indian coal sector is relatively new to the idea of systematic mine closure. Mine closure guidelines were first issued in 2009, re-issued in 2013 and are still evolving. Since coal mining in India had begun long back, the coalfields are replete with many legacy mines remaining unused for long. Additionally, mines are closing and will close in future also because of reasons like reserves exhaustion, adverse geo-mining conditions, safety concerns. These mine sites must not only be made safe and environmentally stable but, the continuity of livelihood should be guaranteed for those who were directly or indirectly reliant on the mines. Additionally, reclaimed lands will be repurposed for the economic advantage of the community and state involving tourism, sports, forestry, agriculture, horticulture, townships. The Ministry of Coal has envisioned building an all-inclusive comprehensive India-wide mine closure framework to include legacy mines, recently closed mines and mine closures scheduled to happen in the short term. Image SourceAlso read: Centre enables 50% sale of coal from captive mines

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement