Coal mines Current Affairs, GK & News
The Union Finance Minister Nirmala Sitharaman launched the biggest ever coal mine auction on November 3, 2022. About the biggest coal mine auction In the sixth round of commercial coal auctions, Union Coal Ministry has put up 141 mines for auction in 11 states, with a cumulative peak rate (PRC) of 305 million tonnes. 71 ..
An auction of 122 Coal and Lignite Mines including 18 New Mines has been launched by the Ministry of Coal. Overview: As of now, 42 coal mines have already been auctioned by the ministry. The auctioning off of the mines will ensure the energy security of the country and will also be providing employment opportunities ..
Category: Government Schemes Current Affairs
On November 9, 2020, the Coal Minister Shri Pralhad Joshi announced that the 19 mines were auctioned during first tranche of coal mine auction. The first tranche of the auction is to generate revenue of Rs 7,000 crores. The auctioned mines have peak rated capacity of 51 million tonnes. Key Highlights Of the 19 auctioned ..
Category: Economy & Banking Current Affairs - 2022
Ministry of Coal (MoC) has recently launched a web portal for star rating of coal mines. Under the portal, all operational coalmines across the country will be enabled for self-rating. The mines will be subsequently validated by Coal Controller’s Organization (CCO), the subordinate office of Ministry of Coal. The mechanism on the portal would award ..
The Ministry of Coal, Government of India has decided to establish a ‘Sustainable Development Cell’ that will advise, plan, mentor and monitor the mitigation measures taken by the coal companies for maximizing the utilization of resources available across the country in a sustainable way by minimizing the adverse impact of mitigating and mining for ecosystem ..
Category: India Nation & States Current Affairs