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India aims to produce more than one billion tonnes of coal during the year 2023-24 and an in-depth review has been carried out by the coal secretary to reach the intended target
A total of 290 mines are operational in Coal India, out of which 97 mines produce more than one MT per year, , coal ministry, coal secretary, coal india
State-owned Coal India Ltd (CIL) has issued the letter of acceptance for nine coal mining projects, having a production capacity of around 127 million tonnes, to be operationalised through engagement of mine developers and operators. Another six mining projects are at different stages of implementation.
Ministry of Coal wants to engage reputable Mining Developers and Operators in coal mines, through open global tenders, and reduce import reliance.
Get latest articles and stories on Business at LatestLY. Through this, the ministry aims to ramp up domestic coal production and a subsequent reduction in import dependency. Business News | Govt Aims to Engage Mining Developers Cum Operators (MDO) in Coal.