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Total of 14 blocks (7 Coal and 7 Lignite) has been identified which are under consideration of Inter Ministerial Committee (IMC) which has been constituted for the purpose of UCG development in India.
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In view of above, Coal India Limited (CIL) has commissioned this study to assess the future demand scenarios for the coal sector in India (up to 2030) and identify other material developments. This study is an attempt to formulate vision statement for the coal sector detailing the .
Aug 29, 2019· Currently, FDI under the automatic route is allowed for coal and lignite mining for captive consumption by power projects as well as iron and steel and cement units.
Coal Bed Methane rights will also be auctioned from Coal India Limited's (CIL) coal mines. 41 coal blocks in Eastern and Central India have been opened for auction On 18 June 2020, Prime Minister Narendra Modi launched the auction of 41 coal blocks for commercial mining spread out in Eastern and Central India in the states of Maharashtra ...
Jul 24, 2020· The Home Minister said that coal Private Sector Units (PSUs) and captive miners have also launched steps to enhance production, while an investment of .
However, a senior coal ministry official told FE that captive coal production would surpass the 43 MT mark in the ongoing fiscal.India is estimated to have coal reserves of up to 300 billion tonne; the country produced 730 million tonne of coal in 2018-19: 607 million tonne by CIL, 64 million tonne by Singareni Collieries and the balance by ...
In 1976, the Act was relaxed to permit captive mining of coal by privately-owned iron and steel companies. This benefit was later extended to power companies in 1993 and cement units in 1996. In 1995, the Planning Commission had recommended an amendment to the Act due to the widening gap between demand and supply of coal and lignite.
Acquisition of coal mines abroad by CIL: Coal India Ltd (CIL) is acquiring mining assets abroad even though it could not undertake coal production within India and was leasing out coal mines to private companies. The Committee concluded that the government coal companies failed to develop coal blocks, which led to the captive coal block regime.
The opening of coal sector in India for commercial mining may not be the panacea for increased production. Captive coal production did not meet the targets as envisioned in the 11th and 12th five-year plans, falling short by a huge margin. Earlier this year, the Indian government permitted commercial mining in the coal sector.
Also, out of 99 coal blocks allocated to private companies for captive use, 14 are in production. We are in the process of issuing notices on 48 blocks," a senior government official added.
Of the 218 blocks allocated, 25 have been taken back by the government. While the coal-mining for commercial sale is a monopoly of the PSU Coal India, firms in power, steel and cement were given the coal blocks for captive use on the first-come- first-serve (FCFS) basis.
4.4 Allotment of coal blocks, surface rights and mining clearances 31 – 32 4.5 Changing environmental policies 32 4.6 Incumbency benefits enjoyed by CIL 32 – 34 4.7 Price Distortions 34 – 35 4.8 Impediments on Captive Mining 35 – 36 4.9 Bottlenecks for import of coal 36
Lignite blocks allocated Detailed List of 148 coal blocks initially identified Deposition of cost of Geological Report by the block allottees (dated 27/08/2009) Allocation of Moira Madhujore North & South Coal Block in state of West Bengal for Captive Mining of Coal- Calling of Options Thereof (Dated 24.08.09)
Jul 04, 2020· Coal India exploring avenues for import substitution of coal 10 Jun, 2020, 01.49 PM IST To find avenues for expanding its supplies CIL is focusing on non-power sector consumers from sectors including sponge iron, cement, captive power plants, fertilizes and steel, persuading them to replace their imported coal with domestic coal.
Apr 12, 2017· The coal production for the captive coal blocks shall commence within 36 months (in case of forest land, it is 42 months) for the allocation in OC mine and 48 months from the date of allocation in UG mine (54 months in case of area which fall under forest land) Any modification in the end use project and regarding the development in coal mine shall be submitted to the ministry within 3 .
Jan 09, 2020· Captive coal blocks produced only 25.1 million tonne (MT) in FY19, much lower than the peak output of 43.2 MT in FY15 when the Supreme Court had cancelled the licences of .
Jun 18, 2020· India on Thursday started auction of 41 coal blocks for commercial coal mining expecting to attract Rs 33,000 crore investments over 5-7 years from Indian and global miners. The blocks spread over five states have total geological mines of 16,979 million tonnes and a cumulative peak capacity of 225 million tonnes per annum.
For decades, India's coal sector was shut to competition. (Photo: AFP) India launches commercial coal mine auctions 2 min read. Updated: 18 Jun 2020, 02:01 PM IST Utpal Bhaskar. The 41 coal mines ...
May 21, 2019· Other policy and logistical issues—cancellation of captive mining blocks and transportation bottlenecks—built an impetus towards imports. We calculate the average GCV of domestic coal in grid ...
May 25, 2020· New Delhi: Seeking to lift the long shadow cast by the cancellation of 204 coal blocks by the Supreme Court in August 2014, the Government of India recently announced its intent to permit commercial coal mining in India. Coal mining has remained a government monopoly since 1973. Baby steps were taken in 2015 to open the sector with a few coal mines being auctioned to captive end .
Jun 18, 2020· Union Cabinet approves FDI in coal mining. As per the present FDI policy, FDI under automatic route is allowed for coal & lignite mining for captive consumption by power projects, iron & steel and cement units and other eligible activities permitted under and subject to applicable laws and regulations.
May 13, 2020· Under the Nationalisation Act, the allotment of coal mines for captive use was based on the recommendation of a high-powered committee chaired by the Secretary, Ministry of Coal. As a result, 216 coal blocks were allotted by the GoI from 1993 to 2010 through this committee. Whilst limited private sector participation was allowed in coal mining ...
I will rephrase the question by answering what is captive coal mining. It is a policy used to develop coal resources in India. A block is an area from which the government has granted permission ...
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