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“The CCEA may soon take a decision on the methodology for coal block allocation for commercial mining,” the source said on the condition of anonymity.
A discussion paper on the modalities for allocation of coal mines through auction route was earlier placed in the public domain for comments.
The government plans to put under the hammer 5-6 coal blocks for commercial mining by private players.
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Commercial mines are allotted without specifying the end user and allow private entities to sell the fuel to buyers across sectors such as power, cement and steel.
India is in the process of throwing open commercial coal mining to private firms for the first time in four decades, with the aim of shifting the world’s third-biggest coal importer towards energy self-sufficiency.