16 Coal Mines Identified for Commercial Mining by Public Sector Undertakings in India

The Ministry of Coal of the Indian Government has approved 16 coal mines to be allotted to state and central public sector units (PSUs) to undertake commercial mining. The PSUs will be involved in the production and sale of the fossil fuel. Of the 16 blocks earmarked, five are in Madhya Pradesh, three in Telangana, two each in Chhattisgarh, Jharkhand and Maharashtra, and one each in Odisha and West Bengal. As per the notification, eight of these blocks have been identified for the host states and the remaining are for other than the host state. This is the first time, in more than 40 years, that the government is opening the coal sector for commercial mining. To date, the mining was being solely undertaken by Coal India, the central PSU.

Read Full News At: http://www.researz.com/16-coal-mines-identified-commercial-mining-public-sector-undertakings-india

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s