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Feb 22, 2021 PSU Watch Bureau - February 22, 2021 Govt wants to allow captive mines to sell 50% of coal, lignite in open market The move is aimed at augmenting the domestic production of coal and increasing its availability in the Indian market The draft proposal said that an additional amount will be charged on the sale of the coal/lignite
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Oct 05, 2021 New Delhi Indian coal mines that produce coal solely for their own use, known as captive mines will now be allowed to sell 50% of their annual output in the open market, the government said on Tuesday. The move comes as the Indian coal-fired utilities face an acute fuel shortage with inventories falling to multi-year lows.
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Oct 05, 2021 The government on Tuesday said it has amended rules with a view to allow 50 per cent sale of coal from captive mines. The move is likely to benefit over 100 captive coal and lignite blocks with...
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Oct 06, 2021 the ministry of coal has amended mineral concession rules, 1960 to allow the sale of coal or lignite, on payment of an additional amount, by the lessee of a captive mine up to 50 percent of the total coal or lignite produced in a financial year, after meeting the requirement of the end-use plant linked with the mine, the coal ministry said in a
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Oct 05, 2021 (Photo Bloomberg) The government on Tuesday said it has amended rules with a view to allow 50 per cent sale of coal from captive mines. The move is likely to benefit over 100 captive coal and lignite blocks with over 500 million tonnes per annum peak rated capacity as well as all coal and lignite bearing states.
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Oct 06, 2021 the ministry of coal has amended the mineral concession rules, 1960 with a view to allow sale of coal or lignite, on payment of additional amount, by the lessee of a captive mine up to 50 per cent of the total coal or lignite produced in a financial year, after meeting the requirement of the end use plant linked with the mine, the coal ministry
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36 minutes ago Captive coal mines record 40.98% growth. New Delhi, Jan 5 Indias total coal production increased by 6.74 % to 74.78 Million Ton (MT) during December, 2021 as compared to the same period in 2019. Out of the total production during December last year, Coal India Ltd (CIL) achieved a growth of 3.79% by producing 60.220 MT.
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Aug 11, 2020 Our Bureau New Delhi Updated on August 11, 2020 Removing the distinction between captive and non-captive mines will allow the sale of surplus unused minerals, according to Pralhad Joshi, Minister...
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Oct 06, 2021 About The Ministry of Coal has amended Mineral Concession Rules, 1960 with a view to allowing sale of coal or lignite, on payment of additional amount, by the lessee of a captive mine up to 50 percent of the total coal or lignite produced in a financial year, after meeting the requirement of the end use plant linked with the mine. Earlier this year, the Mines
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Oct 05, 2021 Govt notifies rules for 50% sale of coal from captive mines. New Delhi Indian coal mines that produce coal solely for their own use, known as captive mines will now be allowed to sell 50% of their annual output in the open market, the government said on Tuesday. The move comes as the Indian coal-fired utilities face an acute fuel shortage ...
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Oct 05, 2021 The government on Tuesday said it has amended rules with a view to allow 50 per cent sale of coal from captive mines. The move is likely to benefit over 100 captive coal and lignite blocks with ...
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Oct 05, 2021 Coal Ministry has paved the way for sale of up to 50 per cent coal or lignite produced in a financial year from captive mines after meeting the requirement of the end-use plant linked with the ...
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Dec 24, 2021 The captive coal mines that were put on sale post cancellation of blocks by the Supreme Court produced 63 MT last fiscal. In the current financial year, their production is
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Oct 05, 2021 The allowance for sale recommended amount of coal or lignite shall also motivate the lessees to enrich the generation from the captive mines. Further, payment of further top quality sum, royalty and other statutory payments in respect of the amount of coal or lignite marketed shall strengthen the profits of the state governments.
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Oct 05, 2021 The Coal Ministry has amended the Mineral Concession Rules, 1960 with a view to allowing sale of coal or lignite, on payment of additional amount, by the lessee of a captive mine up to 50 per cent of the total coal or lignite produced in a financial year, after meeting the requirement of the end use plant linked with the mine, the Coal Ministry said on Tuesday.
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Non- Captive Mines Non-captive Mines are mines from which the produced coals of minerals could be used for its own consumption and as well as for selling it. Mines and Minerals (Development and Regulation) Act, 1957 empowered central to reserve any mine for the particular end-use. These were the captive mines.
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Aug 11, 2020 Removing the distinction between captive and non-captive mines will allow the sale of surplus unused minerals, according to Pralhad Joshi, Minister for Mines, Coal Parliamentary Affairs.
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Oct 31, 2021 Laying the ground for sale of coal from captive mines on a commercial basis, the Mines and Minerals (Development and Regulation) Act was also amended in March, 2021. In February, 2019, the Cabinet ...
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Oct 05, 2021 Ministry of Coal notifies rules for 50% sale of coal from captive mines. The Ministry of Coal has amended Mineral Concession Rules, 1960 with a view to allowing sale of coal or lignite, on payment of additional amount, by the lessee of a captive mine up to 50 per cent of the total coal or lignite produced in a financial year. By.
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Oct 05, 2021 Coal Ministry notifies rules for 50% sale of coal from captive mines Premium Workers walk on a heap of coal at a stockyard of an underground coal mine in
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Jan 01, 2022 Gold country A precious metal, a mining mega-corp and a captive workforce In 2019, two gold-mining giants joined forces, with huge consequences for the Northern Nevada community and economy.
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The government on 5 October 2021 said it has amended rules with a view to allow 50 per cent sale of coal from captive mines. The move is likely to benefit over 100 captive coal and lignite blocks with over 500 million tonnes per annum peak rated capacity as well as all
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Oct 07, 2021 The allowance for sale prescribed quantity of coal or lignite shall also motivate the lessees to enhance the production from the captive mines. Further, payment of additional premium amount, royalty and other statutory payments in respect of the quantity of coal or lignite sold shall boost the revenue of the state governments.
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Oct 06, 2021 Earlier this year, the Mines and Minerals (Development and Regulation) Amendment Act had been amended to this effect. This is applicable for both the private and public sector captive mines. The allowance for sale prescribed quantity of coal or lignite shall also motivate the lessees to enhance the production from the captive mines, it added.
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Oct 05, 2021 Posted On 05 OCT 2021 508PM by PIB Delhi. The Ministry of Coal has amended Mineral Concession Rules, 1960 with a view to allowing sale ofcoal or lignite, on payment of additional amount, by the lessee of a captive mine up to 50 percent of the total coal or lignite produced in a financial year, after meeting the requirement ofthe end use plant ...
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Oct 05, 2021 The Ministry of Coal has amended Mineral Concession Rules, 1960 with a view to allowing sale ofcoal or lignite, on payment of additional amount, by the lessee of a captive mine up to 50 percent of the total coal or lignite produced in a financial year, after meeting the requirement ofthe end use plant linked with the mine.
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Oct 06, 2021 Ministry of Coal Notifies rules for 50% Sale of Coal from Captive Mines Move to Benefit over 100 Captive Coal and Lignite Blocks with over 500 Million Ton per Annum Peak Rated Capacity The Ministry of Coal has amended Mineral Concession Rules, 1960 with a view to allowing sale ofcoal or lignite, on payment of
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Feb 22, 2021 The government plans to implement this by incorporating a provision in the Mines and Minerals (Development and Regulation) Act, 1957. In the note for consultation of Ministry of Mines, it is proposed to incorporate a provision in the act to allow sale of 50 percent of coal/lignite produced by captive mines on an annual basis.
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Oct 06, 2021 Centre enables 50% sale of coal from captive mines. 06 Oct 2021 CW Team. On Tuesday, the government said that it has amended rules with a view to allowing 50% sale of coal from captive mines. The move is expected to help more than 100 captive coal and lignite blocks with more than 500 million tonne (mt) per annum peak rated capacity and all ...
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Feb 22, 2021 The Coal Ministry, in a brief note, said, In the note for consultation of Ministry of Mines, it is proposed to incorporate a provision in the Act to allow sale of 50 per cent of coal/lignite produced by captive mines on an annual basis. Further, an additional amount will be charged on the merchant sales of coal/lignite by the captive miners..
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Nov 01, 2021 Laying the ground for sale of coal from captive mines on a commercial basis, the Mines and Minerals (Development and Regulation) Act was also amended in March, 2021. In February, 2019, the Cabinet ...
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Oct 06, 2021 The Central government has allowed the coal mines that produce coal solely for their own use, known as captive mines, to sell 50 per cent of their annual output in the open market, the Ministry ...
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The Ministry of Coal has amended Mineral Concession Rules, 1960 with a view to allowing sale ofcoal or lignite, on payment of additional amount, by the lessee of a captive mine up to 50 percent of the total coal or lignite produced in a financial year, after meeting the requirement ofthe end use plant linked with the mine.
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4 THE MINES AND MINERALS (DEVELOPMENT AND REGULATION) ACT, 1957 ACT NO. 67 OF 1957 28th December, 1957. An Act to provide for the 1development and regulation of mines and minerals under the control of the Union. BE it enacted by Parliament in the Eighth Year of the Republic of India as follows CHAPTER I PRELIMINARY 1. Short title, extent and
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Nov 10, 2021 The other objectives include more investment in the mining sector, employment generation, increasing the pace of exploration and auction of mineral resources.
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