Coal Secretary Anil Swarup News
State-owned Coal India has achieved an 8.5 percent growth rate in production at 536 million tonnes in 2015-16, but missed the output target of 550 million tonnes for the just-concluded financial year
India`s coal imports inched up 1.7 percent in February, the first rise in eight months, Coal Secretary Anil Swarup told Reuters on Monday, but suggested it may have been a temporary increase based on deals signed earlier
The government is planning to auction up to 11 coal blocks in the fourth round of bidding which is likely to start in a fortnight.
The government is committed to bringing transparency in the allocation of natural resources including coal, the auctions for which have started and would result in lowering power tariff, President Pranab Mukherjee said today.
On the second day of coal auction, Hindalco Industries today walked away with a coal mine in Jharkhand.
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