"A decision will be taken this month of the Cabinet. Thereafter, of course, the process would begin but it is likely to take time. In this financial year, this should happen," Union Coal Secretary Susheel Kumar said here today on the sidelines of the 7th Asian Mining Congress.
Kumar had earlier said the Cabinet Committee on Economic Affairs (CCEA) will soon take a call on the methodology for allocation of coal blocks for commercial mining.
"We have already received comments of stakeholders and 5-6 mines will be auctioned under commercial mining," the Secretary had said.
Speaking about the present coal situation, he said, "Look at how much supplies has increased. The issue is not of supplies."
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"They had no stocks. I hope they have learnt their lessons and they will stock in future," Kumar said.
In the non-power sector too, the supplies are improving. By December this year it is expected to improve further, he added.
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