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CIL Denies Giving Coal Blocks for Commercial Mining

Coal News - Published on Sat, 27 Jun 2020

Image Source: Coal India
Coal India Limited chairman Mr Pramod Agarwal confirmed that there should be no cause of concern as there is no proposal to give away any coal block of for commercial mining. He added that CIL has sufficient number of coal blocks with abundant resource capacity to continue as a commercially viable entity even in the competition era

Mr Agarwal also said that argued that having own Central Mine Planning and Design Institute is another huge advantage to CIL in a competitive scenario. He said “With exploration, mine planning, design, infrastructure engineering, environmental management as strong points, it sorts out most of coal mining issues giving CIL an edge over other participants in the coal sector. Also, CIL has a talent pool of multi-disciplinary professionals.”

CIL has 447 coal blocks, mostly explored, under its disposal. In addition to these, 16 more blocks were allocated to CIL, 10 under the Coal Mines (Special Provision) Act and 6 under Mines and Minerals (Development and Regulation) Act, making it the largest holder of coal resource in the country. Combined capacity of these 463 blocks is close to 170 billion tonne.

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Posted By : Yogender Pancholi on Sat, 27 Jun 2020
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