Govt to permit sale of 50% coal from captive blocks

23 Feb 2021 CW Team

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

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

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..