NEW DELHI: The government should allow only large companies — with a proven track record of developing big mines — to commercially mine coal, Vedanta Resources chairman Anil Agarwal said, even as the government is in the process of setting eligibility criteria for pilot auctions.
“The government should not be revenue-minded, it should be production-minded. I am confident that the government will auction very large coal blocks in commercial mining,” Agarwal said in an exclusive interview to ET. “Keep it simple and make sure only the right people come in. Allow only companies that have the background of developing large mines. Only large miners should be allowed to participate so that internationally people know that no one can fiddle around.”
