Indian Govt to auction new coal blocks |
Addressing the Lower House of the Parliament, Lok Sabha on Wednesday, Union Minister for Coal and Mines, Pralhad Joshi said that the Indian government is planning to auction more than 41 new coal blocks "very shortly." He said that a number of important steps have been taken to augment and monitor coal dispatches to power plants. India has the fifth largest coal reserves in the world, and is the fourth largest producer of coal in the world. The minister noted, in 2018-19, all commodities loading by the Indian Railways was 1,223.29 million tonnes, out of which coal loading was 605.82 Million Tonnes, which is almost 50 per cent. A committee, comprising coal and power secretaries, and Member (Traffic) of Railway Board, reviews coal transportation and supply on a regular basis. Responding to supplementary queries during the Question Hour, Joshi said, "We are going to auction more than 41 new coal blocks very shortly". A number of important steps have also been taken to augment and monitor coal dispatches to power plants.
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