Coal news and updates

The central government is planning to permit the sale of 50% of coal/lignite produced by captive blocks, the Union ministry of coal said in a statement. The move is aimed at augmenting the production and increasing the availability of dry fuel.

 

The move will be carried out by incorporating a provision in the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR). The statement said that an additional amount will be charged on the merchant sales of the coal/lignite.

 

Source : https://www.livemint.com/news/india