The first round of commercial coal mining auctions will take place before the end of the current financial year 2019-20, according to Coal and Mines Minister Pralhad Joshi.
Speaking to BusinessLine, Joshi said that the goal of commercial coal mine auctions is to reduce coal imports. The government wants to limit coal imports to 100 million tonne per annum. He also said that Coal India Ltd (CIL) has enough mines and ability to sustain for another 100 years. Excerpts:
With the Coal and Mine ordinance being issued, how soon can we expect commercial coal mining in the country?
