The Ministry of Coal has decided to simplify the process of getting clearances for coal mining projects. An official statement said that this will expedite operationalisation of already allotted coal blocks and also encourage prospective investors or bidders in future auctions.
The Coal Ministry has re-engineered the Mining Plan preparation and approval process. This is likely to slash the approval period from existing 90 days to about 30 days. The re-engineering process includes simplification of guidelines and format for preparing Mining Plan, amendments in relevant provisions of Mineral Concession Rules, 1960 and approval process, the statement said.
