Vikram Dev Dutt assumes charge as secy of coal ministry
Vikram Dev Dutt assumed charge as the secretary of the Ministry of Coal on Monday.
Vikram Dev Dutt assumed charge as the secretary of the Ministry of Coal on Monday.
The comprehensive review focused on highlighting the government's commitment to enhancing domestic coal production, the Ministry of Coal said in a statement on Thursday.
It said that this initiative is a cornerstone in the Ministry’s vision to position India as a global leader in sustainable coal production and logistics, aligning with the broader goal of a prosperous and developed nation by 2047.
The Coal Ministry on Tuesday held discussions with stakeholders on the more stringent guidelines that it plans to introduce for fostering a sustainable approach to coal mining that includes mandatory measures to preserve the environment.
The coal stocks at domestic coal-based Thermal Power Plants is currently at 44.46 million tonnes (MT) which is sufficient to meet the requirements for 18.5 days as per the present level of consumption, the Ministry of Coal said on Monday.
Coal Ministry will hold an interactive session with allottees of dry fuel reserves on April 12, which would be aimed at ensuring continuous supply to various stakeholders, especially for the power sector.
After the successful auction of 64 coal mines in the first five tranches, the Ministry of Coal had launched the process for the auction of 133 coal mines under 6th round of commercial auctions of which 71 coal mines are new coal mines and 62 coal mines are rolling over from earlier tranches of commercial auctions held in November 2022.
Total coal production stood at 448 million tonnes in October this year which is 18 per cent higher than that of the corresponding period of 2021. The growth of dry fuel production from Coal India Ltd (CIL) was also more than 17 per cent.
The Coal Ministry expects the operationalisation of 58 coal blocks in 2022-23 and has set a target of 138.28 million tons of coal production, an official statement said on Friday.
“In order to expedite the process for conducting auctions and to carry out more rounds of the auction in a year, Centre has planned a mechanism of rolling auctions of coal mines,” he said.
