COAL & MINES

Ordinance to amend coal mining laws likely today

The Cabinet is likely to consider an ordinance on Wednesday to amend laws to open up coal mining to firms other than those in the steel and power sectors, paving the way for the first leg commercial coal auctions within this fiscal, a senior government official said.

ET had first reported on January 2 that the coal ministry is considering amending the law through an ordinance, ahead of the first commercial mining auctions expected this month.

Currently, companies other than steel and power, and coal washing services firms are barred from bidding for coal blocks. Through the amendment Read more

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