Govt plans big push to pvt coal mining

New Delhi, December 26

The government is planning to give a big push to private sector mining of coal, underground coal gasification and coal bed methane as it spent most of 2019 laying ground for diversification of the coal sector.

“This year we have been able to lay the ground for diversifying the coal sector… Now in the coming year, we are hopeful of diversifying the mining base of the country and inducting private capital, FDI.

“So we have to work out the terms and introduce private sector mining on very big terms…Coal Bed Methane, Underground Coal Gasification, Surface Gasification — in very big terms,” a top official at the coal ministry said.

He said the ministry has been able to firm up a business model and in the coming years some tangible steps would be seen on the ground. — PTI