The development comes at a time when the country is facing acute coal shortages.
"Coal India was directed that a detailed note may be prepared and sent to this ministry (Coal)...This is under process," a source close to the development said.
Also Read
State-owned Coal India (CIL) is awaiting environment and forestry clearances pertaining to its 241 projects.
At present, 48 environmental clearance proposals, having a capacity of about 109 million tonnes per annum (MTPA), are awaiting clearances at different levels.
Moreover, 193 forestry proposals are awaiting clearances either at environment ministry or at the state levels.
The Ministry of Coal had in 2012 alloted 116 blocks to CIL. In addition, it was alloted three de-allocated mines -- Brahmini, Chchro Pastimal and East of Damogoria.
The state-owned firm had asked for 138 mines in 2008 in order to reverse the declining trend of production and to augment output.
The maharatna firm had earlier expressed hope that it can start mining by 2014 in 13 of the 119 blocks allotted to it.
The coal PSU which accounts for over 80 per cent of the domestic coal production has been missing annual production targets in the last few years. It had produced 462 million tonnes (MT) coal in 2013-14 fiscal, missing the target of 482 MT.
In 2012-13, the company produced 452.5 million tonnes of coal, short of the 464 MT target.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
)