Union Cabinet Approves Continuation Of Central Sector Scheme Of ‘Exploration Of Coal And Lignite Scheme’
08 Jun 2023
New Delhi: The Cabinet Committee on Economic
Affairs (CCEA) chaired by the Hon’ble Prime Minister Shri Narendra Modi today
approved the continuation of the Central Sector Scheme of “Exploration of Coal
and Lignite scheme” with an estimated expenditure of Rs. 2980 crore from
2021-22 to 2025-26 co-terminus with the 15th Finance Commission cycle.
Under this scheme,
exploration for Coal and Lignite is conducted in two broad stages: (i)
Promotional (Regional) Exploration and (ii) Detailed Exploration in Non-Coal
India Limited blocks.
The approval will
provide an outlay of Rs.1650 crore for Promotional (Regional) Exploration and
Rs.1330 crore for Detailed Drilling in Non-CIL areas. Approximately, 1300 sq.
km area will be covered under Regional exploration and approximately 650 sq. km
area will be covered under Detailed exploration.
Exploration for Coal
and Lignite is required to prove and estimate coal resources available in the
country which helps in preparing detailed project report to start coal mining.
The Geological reports prepared through these exploration is used for
auctioning new coal blocks and the cost is thereafter recovered from successful
allocatee.