11 non-operational auctioned coal mines to start production from June

Source: PTI

As many as 11 coal blocks, which were non-operational at the time of auction, are likely to start production from June this year, Parliament was informed recently.

Among the 17 producing coal mines that were auctioned, 12 have started operations, according to Coal Minister Piyush Goyal.

The government had auctioned 31 mines, including 17 schedule II (producing) and 14 schedule III (non-producing) through E-platform.

“Schedule III auctioned coal mines are scheduled to be operational from June 2018 onwards as they were not operational at the time of the allocation,” Coal Minister Piyush Goyal informed Rajya Sabha in a written reply today.

He said out of the 14 mines under Schedule III agreements for development and production were cancelled with two mines in connection with a court order while in the case of one the pact was terminated for violating terms and condition of the tender.

“Out of the 17 auctioned schedule II coal mines, mining operations have commenced/mine opening permission granted in 12 coal mines,” he said.

Goyal said in respect of remaining five mines action has been taken under provisions of coal mine development and production agreement.

Source: PTI

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