Ministry of Coal
The Ministry of Coal has the overall responsibility of determining policies and strategies in respect of exploration and development of coal and lignite reserves, sanctioning of important projects of high value and for deciding all related issues. Under the administrative control of the Ministry, these key functions are exercised through the Public Sector Undertakings, namely, Coal India Ltd. and its subsidiaries and Neyveli Lignite Corporation India Limited (NLCIL).
Other than Coal India Ltd. and Neyveli Lignite Corporation India Ltd., the Ministry of Coal also has a joint venture with the Government of Telangana called Singareni Collieries Company Limited. The government of Telangana holds 51% equity and the Government of India holds 49 % equity.
Vision
To Secure the availability of Coal to meet the demand of various sectors of the economy in an eco-friendly, sustainable and cost-effective manner.
Ministry of Coal is committed to:
- augment production through Government companies as well as captive mining routes by adopting state-of-the-art and clean coal technologies with a view to improve productivity, safety, quality and ecology.
- augment the resource base by enhancing exploration efforts with a thrust on increasing proved resources.
- facilitate the development of necessary infrastructure for prompt evacuation of coal.
Budget
For the fiscal year 2024-25, the Ministry has an estimated annual budget of Rs 192 crore.
Ministry of Coal News
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