Coal Minister Pralhad Joshi on Friday said that with the target to minimise the import of thermal coal, Coal India Ltd is going to offer its 20 closed/discontinued underground mines to private players on a revenue-sharing model.
“Extractable reserve in the closed/discontinued coal mines is around 380 million tonnes… 30-40 million tonnes of coal can be easily extracted from the mines,” he said at an Investors meet in Mumbai, an official statement said.