Coal ministry, along with Coal India Ltd and Neyveli Lignite Corp, is offering 60 projects worth Rs 41,042 crore for private investment.
The mine has been at the centre of several protests and campaigns by environmentalists.
Coal consumption to become even more import driven as domestic production plateaus
The development assumes significance as the current inventory of coal behemoth is little over 70 million tonnes (MT).
Companies hesitant to invest in new projects as financing is difficult to come by and long-term demand is uncertain.
State-owned Coal India Ltd on Tuesday said its coal offtake rose by 38 per cent to 55 million tonnes (MT) in May on the back of revival of fuel demand from the power sector.
These projects include coal washeries, coal gasification, first-mile connectivity for building coal silos/mechanised loading, offering mines to private firms under mine developer and operator model
Coal handling capacity of these 35 projects is estimated to be close to 405 million tonnes per annum (mtpa) by FY24
This is despite the country pushing for its expansion of the renewable energy projects
MCL, a subsidiary of Coal India Ltd, on Friday said it has posted a record production of 148.01 million tonne
India pushes back deadline for coal utilities to adopt new emission norms
India's coal import dropped 13.6 per cent to 196.13 million tonne (MT) in the April-February period of the ongoing fiscal year
Under pressure to commit to a net-zero target before climate change talks in Glasgow in November, the world's third-biggest emitter of greenhouse gases has been considering a 2050 deadline
Uttar Pradesh and Chhattisgarh lead in fly ash generation; most plants blamed for flouting norms are owned by governments
To enhance coal production and reduce imports, Coal India Ltd (CIL) has identified 15 new projects with a capacity to produce 160 million tonnes per annum
Close to half a dozen states and NTPC have written to the ministry of power, complaining against discrepancy in coal quality and the billed amount
Demand was weak in the month
The firm's overall expenditure declined by 3.3 per cent in the first nine months of the ongoing fiscal
While home minister Amit Shah sees it as critical to India's goal of becoming a $5-trn economy, coal plays a crucial role in the politics of the Centre and eastern states too
'Single Window Clearance Portal' for successful bidders of coal mines under Oct-Nov 2020 auction