Private sector can lease 3,200 hectares of de-coaled land
18 Apr 2022
The move will help Coal India in reducing its cost of operations, says the govt
Private sector will now be eligible to take mined out or de-coaled land on lease from Coal India to develop coal and energy-related infrastructure. Over 3,200 hectares of such lands are available as on date.
These are lands acquired under Coal Bearing Areas (Acquisition & Development) Act, 1957, popularly known as CBA Act for coal mining activities by Coal India and its subsidiaries. However, these are either mined out or are practically unsuitable for coal mining, prone to unauthorised encroachment, and entail avoidable expenditure on security and maintenance.
On April 13, the Union Cabinet approved a policy for use of such land in the development and setting up of infrastructure relating to coal and energy.