Though PPP in coal mining can enhance coal production, the successful implementation of a PPP structure largely depends on the balance between risk allocation and financial gain.
Tag: CIL
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Coal India hit by equipment flaws
Coal India Ltd (CIL) is facing the basic problems of not having enough mechanical shovels, dumpers and explosives. The new government, which has a 90 per cent stake in the $40 billion company,
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CIL June output misses target
Coal India (CIL) achieved an output of 34.54 million tonne (mt) in June, missing its target of 36.54 mt. This comes at a time when the PSU is drawing flak for missing production targets.
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Report on PPP policy in coal mining
By December 2013, government expects a nine-member panel to submit report on devising public-private-partnership (PPP) framework in the coal mining sector. In March 2013, the government set up the panel under the chairmanship of Coal Secretary SK Srivastava to devise PPP framework
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Govt identified 3 blocks for Coal-to- Liquid projects
In order to develop coal liquefaction or coal-to- liquid technology, three coal blocks viz. north of Arkhapal, west of Radhikapur and Ramchandi promotional would be developed. These blocks, which have about 1,500 million tonne of geological coal reserves each, were identified by the Ministry of coal in consultation with Coal India (CIL) and central mine planning & desig
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Govt to hire consultant to restructure Coal India
Government is in the process of hiring an external consultant to advise on the restructuring of Coal India (CIL) for a long term sustainability roadmap. The government is learnt to have shortlisted nine consultants for the purpose. Meanwhile, agency reports quoted Coal Minister Prakash Jaiswal as saying that he was not in favour of splitting the state-run CIL. The minister has reportedly said
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Govt takes steps to boost coal output
The union government has envisaged that one of the ways forward to reduce the dependence on imports is to devise a Public Private Partnership (PPP) policy framework with CIL as one of the partners in order to increase the production of coal for supply to power producers and other consumers. Accordingly the Ministry of Coal has set up a Committee to devise a PPP Policy framework with CIL as one of the partners in order to increase production of coal
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Govt told to make CIL produce coal at allotted mines
Perturbed over the slow pace of development at 119 mines allocated to Coal India, a Parliamentary panel has asked the government to 'act swiftly' and ensure that CIL starts production there. With such a slow pace of work, the committee are unable to understand when the actual production from these coal blocks allocated to CIL will be started, the Standing Committee on Coal and Steel said in its report tabled in Parliament on April 24.
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Govt considers 17 coal blocks for state-run firms
The union ministry of coal circulated 17 coal blocks for allocation to government companies out of which 14 are for specified end-use power and three coal blocks are earmarked for purpose of mining. These blocks would be allotted for eligible companies as per the ĆāAuction by Competitive Bidding of Coal Mines Amendment Rules, 2012
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Experts want govt to allow pvt participation in coal sector
In order to increase coal production in the country, experts suggest government to end the monopoly of Coal India (CIL) and its subsidiaries in the sector. They suggest the government to amend laws to allow more private participation in the space. They want the government to allow foreign and local mining comp