Coal Secy:
Opening coal mines for commercial mining for pvt cos will pump up economy
Consensus of Inter-Ministerial Committee (IMC) on methodology will be considered for cabinet nod
Plan to auction mines for pvt sector operators for commercial mining
May put up about 5-6 coal mines for auction for pvt commercial mining
Have set an aspirational target of 250 rakes of coal supply for CoalIndiaHQ, railways
Coal is not in short supply, logistics an issue; need better connectivity
On course to achieve FY18 target of 600 mt; Despatch up 8% on aggregate
May cut production target from Mahanadi coalfields if issues are not resolved
Impact: Positive for Coal India
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Sources: CNBC-TV18
More will update soon !!
