India's Coal Production To Touch 900MT, Says Union Minister Of Coal

Image
Capital Market
Last Updated : Oct 20 2022 | 4:04 PM IST
Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi said that during this financial year India's total coal production will touch 900 million ton (MT) and all efforts are being taken by Coal India Limited and its subsidiaries to attain this goal. He said that mineral exploration norms have been relaxed recently and nine private exploration agencies got accredited so far. Addressing a function at the Office of the Comptroller & Auditor General of India to release a Compendium of Asset Accounts on Mineral and Energy Resources, Minister Shri Joshi stated that commercial coal mine auctioning process has been made totally transparent and institutionalized by the present Government. Coal import has come down considerably and by 2024 import will be stopped, the minister added.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 20 2022 | 3:46 PM IST

Next Story