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Home » India is looking for overseas coal mines

India is looking for overseas coal mines

By February 7, 2013 6:54 pm IST

EPR (Electrical & Power Review) | EPR Magazine

India is looking for overseas coal mines
“Acquisition of coal mines overseas should be done in an aggressive manner to meet the energy requirements.  In an effort to reduce the widening demand supply gap of coal in the country, CIL is scouting for coal mines overseas and to bring increase trenchancy in coal block allocation, the provisions of MMDR Act have been amended and new sets of rules have been framed for allotting new blocks through competitive bidding,”  said Coal Minister Sriprakash Jaiswal while talking at India Electricity 2013, an international exhibitions and conference held in Delhi during 16-18 Jan.He further added that recently, 14 blocks for power and 3 blocks for mining have been put on offer under government dispensation route. Few more blocks for offer to private sector are in the pipeline.

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India is looking for overseas coal mines

By February 7, 2013 6:54 pm IST

EPR (Electrical & Power Review) | EPR Magazine

India is looking for overseas coal mines
“Acquisition of coal mines overseas should be done in an aggressive manner to meet the energy requirements.  In an effort to reduce the widening demand supply gap of coal in the country, CIL is scouting for coal mines overseas and to bring increase trenchancy in coal block allocation, the provisions of MMDR Act have been amended and new sets of rules have been framed for allotting new blocks through competitive bidding,”  said Coal Minister Sriprakash Jaiswal while talking at India Electricity 2013, an international exhibitions and conference held in Delhi during 16-18 Jan.He further added that recently, 14 blocks for power and 3 blocks for mining have been put on offer under government dispensation route. Few more blocks for offer to private sector are in the pipeline.

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