Most of auctioned coking coal mines to start production by 2025
27 Feb 2023
These
mines have peak rated capacity(PRC) of 22.5 MT. Domestic raw coking coal
production is likely to reach 140 million tonnes (MT) by 2030.
New
Delhi: Most of the 10 coking coal blocks
that have been auctioned to the private sector in the last two years are likely
to start production by 2025, according to the Coal Ministry. To augment the output of raw
coking coal, a key input in the production of iron and steel, in the country,
the ministry has auctioned 10 coking coal blocks to the private sector.
"Most of these blocks are expected to start production by 2025," the
coal ministry said citing its achievements in 2022.
These mines have peak rated capacity(PRC) of 22.5 MT. Domestic raw coking coal
production is likely to reach 140 million tonnes (MT) by 2030.
Coal India (CIL)
which accounts for over 80 per cent of domestic coal output has planned to
increase raw coking coal production from existing mines up to 26 MT and has
identified nine new mines with PRC of about 22 MT.
Also, CIL has offered eight discontinued coking coal mines, out of the total 30 discontinued mines,
on an innovative model of revenue sharing to the private sector with a PRC of
two MT.
The coal ministry has also identified four coking coal blocks and Central Mine
Planning and Design Institute (CMPDI) also will finalise the geological report
(GR) for four to six new coking coal blocks in the next two months.
These blocks may be offered in the subsequent rounds of auctions for the
private sector to further step up domestic raw coking coal suppl