The Ministry of Coal on Tuesday announced a historic milestone with the allocation of its 200th coal mine under the commercial mining initiative, highlighting the government’s push to transform and liberalize India’s coal sector.
“The issuance of the allocation order for the Marwatola–II coal block to Singhal Business Private Limited reaffirms the Ministry’s commitment to advancing sectoral reforms, fostering private participation, and bolstering national self-reliance in coal production. With this achievement, the Ministry continues to pave the way for a more resilient, transparent, and future-ready coal ecosystem,” the Coal Ministry said in a statement.
The Ministry added that it stands steadfast in its commitment to nurturing an environment conducive to investment, reducing procedural impediments, and enabling the expeditious operationalisation of coal blocks across the country.
“This milestone, reflects the Ministry’s visionary approach – one that seeks not only to enhance domestic coal production but also to rebalance the national energy matrix by reducing dependence on imports and strengthening long-term energy security. The cumulative effect of such initiatives bolsters both economic growth and strategic autonomy,” the Ministry said.
This achievement also shows the success of recent reforms, including the introduction of commercial coal mining, the single-window clearance system, and the use of digital governance tools. Together, these initiatives have redefined the coal sector’s landscape, creating new opportunities for private enterprises and driving India’s shift toward a more sustainable and secure energy future.
from National https://ift.tt/1MmJy4Y