Government Aims To Double Coal Production By 2020. Vaikundarajan Explains How?

The undertaking of commercial mining and sale of dry fuel is on the way as the government allots several coal mines to state-government companies.

“The Baitarni West coal mine in Odhisha, Dahegaon/Makardhokra–IV mine in Maharashtra, Maharashtra State Mining Corp Ltd and Gourangdih ABC block in West Bengal, Patal East in Jharkhand, Penagaddppa mine in Telangana are some of the mines assigned to the companies,” informs Vaikundarjan, founder of VV Minerals India, one of the leading sand beach mining companies in the country.

Furthermore, eight coal mines are earmarked for allotment of PSU’s of non-host states for sale of coal. “The allotment agreement for two coal mines, Madanpur South mine in Chhattisgarh and Suliyari mine in Madhya Pradesh, is already underway,” adds Vaikundarajan.

The Centre has identified 16 blocks for allotment to state PSUs as a means to open up the coal sector for commercial mining. These mines are – 5 in Madhya Pradesh, 3 in Telangana, 2 each in Chattisgarh, Jharkhand and Maharashtra and 1 each in Odhisha and West Bengal.

“The government intends to double the coal production to 1.5 billion tonnes by 2020. With that objective, this move seems to be the right way to go for both the mining companies as well as india’s  mining industry,”concludes Vaikundarajan.

 

 

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