CIL looking to offer over 100 closed, discontinued mines to private sector

State-owned CIL is considering offering more than 100 closed, discontinued mines to the private sector on revenue sharing basis in due course of time, the coal ministry said on Thursday.

The ministry is hopeful that the collaboration with the private sector will enhance productivity and lead to production of additional dry fuel required for the development of the country, it said.

“The Ministry of Coal held a stakeholder consultation on revenue sharing model for discontinued/closed mines of CIL here today with the private sector,” the statement said.

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