Wednesday, 22 June 2016

No auction of coal mines In 2-3 Months: Anil Swarup

Coal secretary added that at present there are no plans for opening up the sector to private parties.

Government today said there would be no auction of coal blocks for at least next two to three months as at present there are not many takers of mines.
“I don’t see auction of coal blocks in the near future at least in the next two to three months….We feel that this may be not the right time for going ahead with auctioning of mines because there are not many takers of coal,” Coal Secretary Anil Swarup reportedly said.

Coal secretary added that at present there are no plans for opening up the sector to private parties.

The framework of commercial mining has been prepared by the coal ministry, Anil Swarup said.

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