Coal Ministry to Host Roadshow on ‘Commercial Coal Mines Auctions & Opportunities in Coal Sector’ in Kolkata Tomorrow

The Ministry of Coal is geared up to host a Roadshow on Commercial Coal Mine Auctions & Opportunities in the Coal Sector on 19th of February 2025 in Kolkata. This event is designed to bring together investors, industry leaders, mining experts, and policymakers, providing a dynamic platform to explore transformative opportunities within India’s coal sector.

The tenacity of the Roadshow is to highlight the wide array of opportunities available in the coal sector, driven by significant Government reforms aimed at streamlining processes, enhancing transparency, and creating a level playing field for all stakeholders. The event will provide in-depth details into the upcoming Commercial Coal Mine auctions, discuss the investment potential, and showcase the long-term benefits of participating in India’s growing coal sector.

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This roadshow is valuable platform for stakeholders to engage, network, and learn about the regulatory framework, streamlined clearance processes, and the Ministry’s efforts to foster an investor-friendly environment in the coal sector. The Ministry is committed to ensuring that the coal industry remains globally competitive, offering a win-win scenario for both domestic and international investors looking to capitalize on the opportunities in India’s energy landscape.

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The event also provides an exclusive opportunity for participants to connect with key decision-makers, gain valuable insights into future coal sector trends, and explore collaborative ventures that can shape the future of India’s energy and mining sectors.

Key Reforms in Commercial Coal Mine Auctions includes:

• Reduction in upfront amount and bid security amount, making participation more financially accessible.
• Permission to relinquish part of the coal mine for partially explored blocks, providing greater operational flexibility.
• Rebate in Performance Security for Underground coal mines, encouraging investment in underground mining.
• Ease of participation with no entry barriers, ensuring a more inclusive auction process.

· Full flexibility in coal utilization, enabling companies to use coal for any purpose as per their business needs.

· Optimized payment structures and incentives for early production.

The Ministry of Coal is committed to driving growth, investment, and sustainable development in India’s coal sector and looks forward to a successful Roadshow, marking an important step in driving growth, investment, and sustainable development in India’s coal production and the use of clean coal technology, promoting efficiency and sustainability.

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