+
Commercial Coal Mining Reforms Boost Competition And Efficiency
COAL & MINING

Commercial Coal Mining Reforms Boost Competition And Efficiency

The Consultative Committee of Members of Parliament attached to the Ministry of Coal reviewed progress on commercial coal mining reforms and measures to enhance private sector participation. The meeting was chaired by Union Minister for Coal and Mines G. Kishan Reddy and was attended by Coal Secretary Vikram Dev Dutt, senior ministry officials and representatives of coal public sector undertakings and committee members. The session focused on the theme Commercial Coal Mining Reforms and Leveraging Private Sector Participation.

Reddy said commercial coal mining has been a key reform introduced under the leadership of Prime Minister Narendra Modi over the past 12 years and has rendered the sector more competitive and efficient through a transparent auction process. He noted that 14 rounds of commercial coal mine auctions have been completed, while the 15th round is currently underway. The ministry is engaging with industry bodies and private companies through roadshows and stakeholder consultations to increase awareness and encourage wider participation.

Coal Secretary Vikram Dev Dutt stated that captive and commercial coal mines played a significant role in helping India achieve one billion (bn) tonnes (t) of coal production in each of the last two financial years. He added that these mines contributed around 20 per cent of the country’s total coal production during the previous financial year. Dutt highlighted that the time required to operationalise fully explored coal blocks has been reduced from 51 months to 40 months and that timelines for partially explored blocks have fallen from 66 months to 52 months.

Additional Secretary Rupinder Brar provided a presentation outlining reforms and measures to strengthen private sector participation and improve project delivery. Officials discussed steps to streamline approvals and support early mine development to accelerate capacity additions. The ministry emphasised continued outreach to prospective bidders to broaden the investor base.

Committee members said transparent auctions, shorter operationalisation timelines and stakeholder engagement are aimed at boosting competition and investment in the coal sector. The ministry will continue to monitor auction rounds and policy implementation.

The Consultative Committee of Members of Parliament attached to the Ministry of Coal reviewed progress on commercial coal mining reforms and measures to enhance private sector participation. The meeting was chaired by Union Minister for Coal and Mines G. Kishan Reddy and was attended by Coal Secretary Vikram Dev Dutt, senior ministry officials and representatives of coal public sector undertakings and committee members. The session focused on the theme Commercial Coal Mining Reforms and Leveraging Private Sector Participation. Reddy said commercial coal mining has been a key reform introduced under the leadership of Prime Minister Narendra Modi over the past 12 years and has rendered the sector more competitive and efficient through a transparent auction process. He noted that 14 rounds of commercial coal mine auctions have been completed, while the 15th round is currently underway. The ministry is engaging with industry bodies and private companies through roadshows and stakeholder consultations to increase awareness and encourage wider participation. Coal Secretary Vikram Dev Dutt stated that captive and commercial coal mines played a significant role in helping India achieve one billion (bn) tonnes (t) of coal production in each of the last two financial years. He added that these mines contributed around 20 per cent of the country’s total coal production during the previous financial year. Dutt highlighted that the time required to operationalise fully explored coal blocks has been reduced from 51 months to 40 months and that timelines for partially explored blocks have fallen from 66 months to 52 months. Additional Secretary Rupinder Brar provided a presentation outlining reforms and measures to strengthen private sector participation and improve project delivery. Officials discussed steps to streamline approvals and support early mine development to accelerate capacity additions. The ministry emphasised continued outreach to prospective bidders to broaden the investor base. Committee members said transparent auctions, shorter operationalisation timelines and stakeholder engagement are aimed at boosting competition and investment in the coal sector. The ministry will continue to monitor auction rounds and policy implementation.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

L&T Delivers 110 Modules for Australia’s Largest Urea Plant

Larsen & Toubro (L&T) has completed the fabrication and delivery of 110 modules for Project CERES, Australia’s largest urea manufacturing plant, marking a significant milestone in the execution of the 2.3 MTPA facility. The project is being developed by Perdaman Chemicals & Fertilisers in Karratha, Western Australia, under the Saipem-Clough Joint Venture. L&T’s scope comprised 47 Pre-assembled Units and 63 Pre-assembled Racks, with the modules weighing approximately 64,000 metric tonnes. Fabricated at the company’s Modular Fabrication Facility at Kattupalli near Chennai, the modules wer..

Next Story
Infrastructure Urban

EPFO Wage Ceiling Raised to Rs 25,000 per Month

The Union Cabinet has approved the proposal to increase the wage ceiling for mandatory coverage under the Employees’ Provident Fund Organisation (EPFO) from Rs 15,000 to Rs 25,000 per month. The move is expected to bring over 51 lakh additional employees under the EPFO social security framework.The revised ceiling will extend access to provident fund savings, pension benefits under the Employees’ Pension Scheme (EPS) and insurance coverage under the Employees’ Deposit Linked Insurance Scheme (EDLI) to a wider section of employees earning between Rs 15,000 and Rs 25,000 per month.The EPFO..

Next Story
Infrastructure Transport

Maharashtra to Get Rs 270 Billion Shipbuilding Cluster

Mazagon Dock Shipbuilders Ltd (MDL) will invest around Rs 27,000 crore to develop a greenfield shipbuilding cluster at Dighi Port in Maharashtra’s Raigad district. The project is expected to create nearly 90,000 employment opportunities, according to the state government.MDL has signed a memorandum of understanding (MoU) with National Shipbuilding and Heavy Industries Park Maharashtra Ltd (NSHIPML) for the development of the project in the presence of Maharashtra Chief Minister Devendra Fadnavis.Under the agreement, MDL aims to establish an annual shipbuilding capacity of at least 2 million ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code