Govt earmarks Rs 937 cr for exploration of non-CIL blocks in FY'20

Of this fund, Rs 120 crore has been earmarked for regional exploration and Rs 817 crore for detailed drilling, Coal Minister Pralhad Joshi said in a written reply to the Rajya Sabha

coal, coal mining
Representative Image
Press Trust of India New Delhi
1 min read Last Updated : Dec 02 2019 | 5:34 PM IST

The government has allocated Rs 937 crore for exploration of mines that are not associated with Coal India, for the ongoing financial year, Parliament was informed on Monday.

Of this fund, Rs 120 crore has been earmarked for regional exploration and Rs 817 crore for detailed drilling, Coal Minister Pralhad Joshi said in a written reply to the Rajya Sabha.

"The government has allocated funds of Rs 937 crore...in the current financial year 2019-20 for carrying out exploration in non-CIL (Coal India) blocks in coal and lignite," he said.

Regional exploration has been planned for 37 coal blocks and 10 lignite blocks whereas detailed drilling has been planned for 121 coal blocks and one lignite block, Joshi said adding that such exploration programme is approved every year.

Exploration of non-CIL coal blocks is carried out under the Central Sector Scheme 'Exploration of Coal & Lignite' of the coal ministry.

Under this scheme, both regional exploration and detailed drilling of these blocks are conducted.

*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

Topics :coal blocksCoal India minesCoal India Limited

First Published: Dec 02 2019 | 4:45 PM IST

Next Story