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Private Coal Producers in India Should Boost Production – Coal Secetay

Coal News - Published on Fri, 20 Sep 2019

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Business Standard reported that taking serious note on the delay of operationalizing allotted blocks, India’s coal secretary Mr Sumanta Chaudhuri, , exhorted the allottees to take steps to start the mines and enhance coal production in the country. Mr Chaudhuri at a stakeholder consultation meet in Raipu said “While on the one hand the Central and state governments embark on ease of doing business, it is equally imperative that all the coal block allottees also pull up their socks. It was often found that the applications that coal producers provided were not duly filled and were therefore regarded as incomplete. Coal allottees ought to resolve it.”

He added “There is a certain degree of comfort that all coal block allottees have been used to, since almost all of them have coal linkages. As long as the producers had coal linkages there was no need to operationalize the blocks. However, if all the allottees were to simply lean on coal linkages and allow their blocks to lie idle, there was simply no way that the production of coal in this country would pick up. Therefore there would always be a gap between demand and supply.”

Mr Choudhuri also said the ministry of coal has taken a slew of policy decisions to support the coal producers and operationalize the mines at the earliest.

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Posted By : Rabi Wangkhem on Fri, 20 Sep 2019
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