Explore Business Standard
The coal ministry has revised and simplified the approval process for exploration programmes and geological reports related to coal and lignite blocks, a move aimed at enhancing ease of doing business and giving a fillip to efficient and sustainable exploration. The new process does not require a go-ahead from the government panel set up in 2022 for this purpose. "The Ministry of Coal has reviewed the earlier methodology and simplified the mechanism for approval of exploration programs and Geological Reports (GRs) for coal and lignite blocks prepared by Notified Accredited Prospecting Agencies (APAs) accredited by QCI-NABET and peer-reviewed by another such APA," a statement from the ministry said. The country's increasing energy requirements demand faster, more efficient, and technologically robust exploration of coal and lignite resources. In line with this national imperative, the coal ministry continues to introduce progressive reforms that enhance transparency, strengthen priv
The Enforcement Directorate on Friday conducted searches in a coordinated money laundering case action against the coal mafia in Jharkhand and West Bengal, official sources said. More than 40 premises in the two states are being covered as part of the action under the provisions of the Prevention of Money Laundering Act (PMLA), they said. In Jharkhand, the agency is covering about 18 locations as part of the investigation related to coal theft and smuggling. According to the sources, locations of entities named Anil Goyal, Sanjay Udhyog, L B Singh, and Amar Mandal are being covered. The collective scale of the case involves significant coal pilferage and theft, resulting in a massive financial loss to the government worth hundreds of crores of rupees, the sources said. In West Bengal, about 24 premises in Durgapur, Purulia, Howrah and Kolkata districts are being covered as part of an investigation into alleged illegal mining, transportation and storage of coal, they said.
ISRO has said that it has signed a tripartite agreement with Bharat Coking Coal Limited, Central Mine Planning and Design Institute Limited to map coal fire in Jharia Coalfield. According to the ISRO, the Memorandum of Understanding was signed on October 15 on 'Delineation of surface coal fire and associated land subsidence in Jharia Coalfield (2025-27), Jharkhand, using satellite-based Remote sensing techniques'. "In this study, National Remote Sensing Centre, an arm of the ISRO, will use artificial intelligence-based techniques to map coal fires using Thermal Infrared (TIR) and Short Wave Infrared (SWIR) remote sensing data on quarterly basis in Jharia Coalfield," the space agency said in a statement. In addition, SAR interferometric technique will be used to identify land subsidence in Jharia Coalfield on annual basis, using data from NISAR and Sentinel-1 satellites, the statement read. The agency said that the results of the satellite-based analysis will be jointly validated on
The draft rules for the country's proposed coal exchange will be finalised by the end of November after examining feedback received from the public, Coal Secretary Vikram Dev Dutt said on Thursday. "The draft coal exchange rules are in the public domain. Comments have come, and we are examining those. The rules will be finalised by the end of November," Dutt told reporters on the sidelines of the Asia Mining Congress here. The proposed coal exchange aims to bring transparency, efficiency and a market-driven mechanism to domestic coal trading. According to the draft rules, the coal controller organisation (CCO) will be appointed to register and regulate the coal exchanges to be established in the country. The Ministry of Coal had invited comments from stakeholders by mid-October. On the disinvestment front, Dutt said the process for Bharat Coking Coal Ltd (BCCL) and Central Mine Planning and Design Institute Ltd (CMPDIL) has made significant progress. "We have moved ahead in this
The government on Wednesday said the Ministry of Environment, Forest and Climate Change (MoEFCC) has agreed to do away with the green clearance for pilot projects for underground coal gasification. The development assumes significance as government targets to gasify 100 million tonnes of coal by 2030. "Any underground coal gasification (UCG) project before it actually takes off means to have a pilot study done. Since it's a new technology or it will be done for the first time in the country, a pilot phase is necessary. "It is part of the framework and for that pilot phase MoEFCC has kind of agreed to not have an EC (environment clearance) for the pilot phase only," Coal Secretary Vikram Dev Dutt told reporters on the sidelines of the launch of the 14th round of commercial coal mine auctions. He further said of the 41 coal blocks that are being put out for sale, 21 are suitable for UCG because generally they are deep seated and are uneconomical to extract. UCG gasifies deep, unmine
The government on Tuesday stressed on the need for a corporate social responsibility framework for companies operating in the coal sector to serve as a guide to promote responsible and sustainable practices. The move also aims at reducing environmental impact and enhancing stakeholder engagement among private as well as public sector coal companies. "Given the growing presence of private players in the sector, a need has been felt for a sector-specific CSR framework for coal companies," the coal ministry said in a statement. The corporate social responsibility (CSR) policies of coal PSUs have been formulated within the policy directives provided under the Companies Act, 2013, the Companies (CSR Policy) Rules, 2014 and guidelines of Department of Public Enterprises (DPE). Over the years, coal PSUs have taken remarkable initiatives in the areas of health, education, environment, sanitation, sports, etc. The coal ministry organised a stakeholders' consultation to deliberate upon CSR