Privatisation Of Coal Mines
NTPC, Hindalco, Bajrang Power, Ispat bag coal mines in 7th auction round
NTPC, Hindalco Industries, Bajrang Power and Ispat bagged one mine each during the seventh round of coal auctions. NTPC Ltd bagged the North Dhadu (Eastern Part) coal block in Jharkhand, which has 439 Million Tonnes (MT) of coal reserves, the Ministry of Coal said in a statement on Wednesday. Hindalco Industries bagged the Meenakshi West block in Odisha, which has 950 MT of coal reserves and Bajrang Power and Ispat Ltd won the Pathora East Coal Block in Madhya Pradesh that has 110.40 MT of coal reserves. "Upon operationalisation, these coal mines will generate an annual revenue of Rs 450 crore calculated at PRC (Peak Rate Capacity) of these coal mines (excluding partially explored coal mines). The mines will attract capital investment of Rs 600 crore and will provide employment to 5,408 people," the ministry said.
 "NTPC, Hindalco, Bajrang Power, Ispat bag coal mines in 7th auction round")
Relaxing norms for private coal mining unlikely to attract investment
The government would do better to create a market for natural gas
 "Relaxing norms for private coal mining unlikely to attract investment")
Coal mining by private firms: Labour unions oppose Cabinet decision
The trade union leaders apprehend that the move would gradually ruin state-run Coal India as private players would not do mining ethically
 "Coal mining by private firms: Labour unions oppose Cabinet decision")
