Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,971.8061.65
Stock Analysis, IPO, Mutual Funds, Bonds & More

Single-window clearance likely for private coal blocks

A coal sector executive said private operators of coal blocks suffered because of problems faced in various clearances. The centre wants coal blocks to come on stream in four-five years. It wants to increase the number of coal exploration agencies...

ET Bureau|
Nov 07, 2019, 11.52 PM IST
0Comments
Agencies
coal-agencies
“State governments’ need to take prior approval from the centre for signing mining lease with block operators after they have received environment and forest clearances from the centre
KOLKATA: The government plans to speed up development of coal blocks auctioned to private firms with an online application form and single-window clearance for mining lease, land acquisition and other approvals. It plans to set up a new platform with the help of a software development agency.

A coal sector executive said private operators of coal blocks suffered because of problems faced in various clearances.

The centre wants coal blocks to come on stream in four-five years. It wants to increase the number of coal exploration agencies, improve infrastructure for coal and amend the law to speed up approvals.

“State governments’ need to take prior approval from the centre for signing mining lease with block operators after they have received environment and forest clearances from the centre

delaying the process by six months to a year. This requirement will be scrapped from the MMDR Act.,” a coal ministry official said.

Also Read

JSPL wins coal block in auction

PSUs' tepid response to 9 coal blocks on offer

JSPL hopeful of getting Gare Palma coal block: VR Sharma

Captive coal blocks produce nearly 4 million tonnes in October

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service