CoalMin targets projects worth Rs 41K-crore for asset monetisation

These projects include coal washeries, coal gasification, first-mile connectivity for building coal silos/mechanised loading, offering mines to private firms under mine developer and operator model

The Union coal ministry, along with Coal India (CIL) and Neyveli Lignite Corporation (NLCIL), will offer 60 projects worth Rs 41,042 crore for private investment, increasing the government’s national asset monetisation target to Rs 2.9 trillion.

These projects include coal washeries, coal gasification, first-mile connectivity for building coal silos/mechanised loading, and offering mines to private companies under the mine developer and operator (MDO) model. All these projects will be awarded in the current fiscal year, except 15 MDO projects that will be tendered between 2022 and ’24.

The coal ministry was not given an asset monetisation target when the Centre had set