Commercial coal mining: ‘Govt considering land acquisition under CBA Act, then leasing it to pvt miners’

“(The Coal Ministry is considering) allowing the acquisition of land under the CBA Act and then to give it on lease to private sector coal miners,” said M Nagaraju, joint secretary in the Coal Ministry, speaking at a webinar on the financing perspective of auction of coal mines for commercial mining organised by FICCI.

Anil Kumar Jain, Coal Secretary, said his ministry was in discussions with the Environment Ministryto expedite clearances for successful bidders for coal blocks.

“We are hopeful that in the next 6-12 months you might hear that the time taken to get forest may also get reduced,” he said.