Govt offering up to 50% discount to commercial miners for coal gasification

Companies winning coal blocks in the forthcoming auctions for commercial mining will be eligible to get as much as 50% discount on the revenue-share quoted by them during the bidding process if they earmark at least 10% of the fuel output for coal gasification or liquefaction projects.

As per the original auction methodology for commercial coal mining — approved by the Cabinet in May 2020 — miners were provided a 20% rebate on the agreed revenue share for using the fuel for gasification or liquefaction.