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Govt notifies amended minerals concession rules to ease pricing pressure
New rules provide for sale of 50% of mineral produced from captive leases
Auction for commercial coal mining begins with investor-friendly rules
There is effectively no strict eligibility criterion for participating in the auction. The companies/joint ventures should be registered in India.
Is captive coal mining failing?
While the success of their auctions is being debated, most coal blocks set aside for power generation are either languishing or producing at lower than their peak rated capacities