GAIL (India) Limited and Coal India Limited on Tuesday announced the formation of a joint venture, Coal Gas India Limited, to expand the use of synthetic natural gas.
After nearly a decade-long halt due to environmental concerns, Meghalaya is making strides towards resuming coal mining in a more regulated and scientific manner.
Recently, the government received 36 applications for scientific coal mining, of which four have secured prior approval for a mining lease, and 13 have received previous approval for a prospecting license.
The report of the committee laid down guidelines for scientific approach to coal mining with modern techniques.
The company claimed the MCL has already incurred a loss of over 2.3 million tonne (MT) coal production and despatch since April 1 this year, whereas the company suffered a financial loss of over Rs 332 crore.
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The coal major posted a 3 per cent decline in production to 37.36 million tonnes in July 2020.
This is being done to reduce import of substitutable coal and increase self-reliance in coal production.
The Modi government has approved 100 per cent FDI in coal mining and associated infrastructure.
“Due attention is being given with chalking out plans to evacuate these amounts of coal by laying railways in the region.”
