Coal mine auctioning may be restricted to commercial use to boost output

Govt also looking to privatise and split Bharat Coking Coal

Jyoti MukulShreya Jai New Delhi
Coal India share sale to employees receives a lukewarm response

With miners, which took coal blocks for own use, performing poorly, the government is planning not to auction mines to captive users. Instead, it will allot or auction rights only for commercial use of coal.
The allocation would be decided based on the production plan and revenue share to the government.
The Union ministry of coal is also looking at a proposal to privatise and split Bharat Coking Coal (BCCL) that holds lease to the Jharia coalfields. 

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First Published: Jul 18 2019 | 12:27 AM IST

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