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Minister Pralhad Joshi Reviews Coal Production from Commercial and Captive Mines

in Business July 6, 2023 Comments Off on Minister Pralhad Joshi Reviews Coal Production from Commercial and Captive Mines 283 Views

Newdelhi:6/7/23:Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi reviewed coal production performance of commercial and captive mines in a meeting with senior officials of the Ministry of Coalhere today.In a tweet, the Minister said thatproduction from captive and commercial coal mines have been steadily increasing over the years, registering 216 % growth during the last six years.In today’s meetingShri Joshi deliberated on ways to increase coal production by 39% in this fiscal from commercial and captive mines.The Ministeralso took stock of production from underground coal mines and emphasized on Underground Coal Mine Mission Plan to achieve 100 million tonne coal production.

In June 2020, Prime Minister Shri Narendra Modi launched the first-ever commercial coal mines auction under the CM (SP) Act of 2015/ MMDR Act of 1957. So far, six tranches of commercial coal mines auctions have been completed and a total of 86 coal mines with a total annual production capacity of 218.9 million tonne per annum (MTPA) have been successfully auctioned. The 7th tranche of commercial coal mines auctions offering a total of 98 mines is in progress.

Prior to the start of commercial coal mine auctions, the average duration for operationalization of coal mine was around fiveyears.However, the average duration of operationalization of coal mines after commercial auctions has been reduced considerably and the result is already seen with contribution of production from the commercial mines.The first commercial coal mine started production within one year from its allocation. Coal production from commercial coal mines in FY 2021-22 was 1.15 million tonne (MT) and 7.12 MT in FY 2022-23 with four commercial coal blocks i.e. Sulyari, Garepalma IV/1, Garepalma IV/7 and Gotitoriamines. It is expected that additional six commercially auctioned coal mines are likely to be operationalized in FY 2023-24 with an expected coal production of 12.2 million tonne (MT).

 

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Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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