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IMG to scrap 30 captive coal blocks

IMG to scrap 30 captive coal blocks
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An inter-ministerial group (IMG) tasked with suggesting punitive measures for holders idling their captive coal blocks has recommended cancellation of 30 mines, making it the single biggest de-allocation so far. Apart from several major firms, many smaller companies are now understood to be included in the list. In its two-day meeting recently, the panel considered the status of 61 captive blocks.

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