The Board of Coal India Limited (CIL) has recently finalized a Model Contract Agreement for mining of coal in the various mines of CIL. The mine operator shall be responsible for development & operation of the coal mine, construction of infrastructure facilities etc. However, the responsibility of acquisition of land, obtaining statutory clearances etc. shall be with CIL/subsidiary companies. The mine operator shall also be responsible for taking physical possession of land but compensations for land & Resettlement and Rehabilitation (R&R) shall be paid by CIL as per its approved R&R policy. The model does not envisage formation of joint ventures. This was stated by Sh. Piyush Goyal, (Minister of state (I/C) for Power, Coal & New and Renewable Energy in a written reply to a question in the Rajya Sabha today.
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