New guidelines and simplified approval process for coal projects
By EPR Magazine Editorial December 20, 2019 11:40 am IST
By EPR Magazine Editorial December 20, 2019 11:40 am IST
In sync with the Government’s commitment for ‘Ease of doing business’, the Ministry of Coal has decided to simplify the process of clearance for Coal Mining Projects. This will not only expedite operationalisation of already allotted coal blocks, but also encourage prospective investors/bidders in future auctions.
The Ministry of Coal has re-engineered the Mining Plan preparation and approval process. This is likely to slash the approval period substantially from existing 90 days to about 30 days. The re-engineering process includes simplification of guidelines and format for preparation of Mining Plan, amendments in relevant provisions of Mineral Concession Rules, 1960 and approval process.
The proposed simplified guidelines and format not only reduce the mining plan formulation time but also make the document lighter and easier to comprehend. This will further facilitate hosting the soft copy in an accessible data base.
We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.