Govt to permit sale of 50% coal from captive blocks
COAL & MINING

Govt to permit sale of 50% coal from captive blocks

The central government plans to permit the sale of 50% of coal and lignite produced by captive blocks on an annual basis, a move aimed at augmenting the production and increasing the availability of dry fuel.

The government plans to do so by incorporating a provision in the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR). An additional amount will be charged on the merchant sales of coal or lignite by the captive miners.

The Ministry of Mines (MoM) has invited comments from the state governments of coal bearing states and the general public or stakeholders on the said proposals. Click here to view.

The MoM has also invited comments of the state governments, among others, on the proposals for additional amendments being considered in the MMDR Act.


Make in Steel 2021

24 February 

Click for event info


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


Coal import is increasing on a year-on-year basis in India. In 2015-16, the country imported 203.95 million tonne (mn t) of coal, which was increased to 248.54 mn t in 2019-20, and consequent spending of around Rs 1.58 lakh crore in foreign exchange.

Coal is an important input for various core sector industries. Increased availability of coal will lead to an "Atmanirbhar Bharat".

Allowing the sale of coal from captive mines will increase fossil fuel production from captive mines and increase the availability of dry fuel in the market, leading to a reduction in the import of coal.

In the note for consultation of the ministry, it has been proposed to charge an additional amount on grant and extension of mining leases (ML) of both coal and non-coal government companies.

Image: Recently India’s Home Minister  announced that the coal sector of India will see an investment of Rs 4 trillion from state-run and private firms.


Also read: Neelanchal Ispat can sell captive mine ore

Also read: Amendments to mining laws get cabinet nod

"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 central government plans to permit the sale of 50% of coal and lignite produced by captive blocks on an annual basis, a move aimed at augmenting the production and increasing the availability of dry fuel. The government plans to do so by incorporating a provision in the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR). An additional amount will be charged on the merchant sales of coal or lignite by the captive miners. The Ministry of Mines (MoM) has invited comments from the state governments of coal bearing states and the general public or stakeholders on the said proposals. Click here to view. The MoM has also invited comments of the state governments, among others, on the proposals for additional amendments being considered in the MMDR Act.Make in Steel 202124 February Click for event info4th Indian Cement Review Conference 202117-18 March Click for event info Coal import is increasing on a year-on-year basis in India. In 2015-16, the country imported 203.95 million tonne (mn t) of coal, which was increased to 248.54 mn t in 2019-20, and consequent spending of around Rs 1.58 lakh crore in foreign exchange. Coal is an important input for various core sector industries. Increased availability of coal will lead to an Atmanirbhar Bharat. Allowing the sale of coal from captive mines will increase fossil fuel production from captive mines and increase the availability of dry fuel in the market, leading to a reduction in the import of coal. In the note for consultation of the ministry, it has been proposed to charge an additional amount on grant and extension of mining leases (ML) of both coal and non-coal government companies.Image: Recently India’s Home Minister  announced that the coal sector of India will see an investment of Rs 4 trillion from state-run and private firms. Also read: Neelanchal Ispat can sell captive mine ore Also read: Amendments to mining laws get cabinet nod

Next Story
Real Estate

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Next Story
Real Estate

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Next Story
Infrastructure Urban

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement