The Government plans to monetise assets worth Rs 75,220 crore in the coal mining sector in the current financial year.
The monetisation of coal blocks is likely to generate a revenue of Rs 52,200 crore, followed by Rs 20,320 crore from projects on Mine Developer and Operator (MDO) model, Rs 2,000 crore from discontinued mines and Rs 700 crore from washeries, the coal ministry said in its monetisation plan for the 2022-23.
The monetisation figures are tentative.
The asset monetisation target of NITI Aayog for the coal ministry for FY23 is Rs 6,060 crore, the ministry said.
Against the NITI Aayog’s target of Rs 3,394 crore for 2021-22, the total monetisation of the coal ministry was Rs 40,090 crore, it said.
