The Global Resource For Connecting Buyers and Sellers

Indian coal blocks go a-begging

In a sign of times of surplus, neither India’s Ministry of Coal or Ministry of Power was willing to take charge of seven coal mines, lying idle for the last nine months.
The Coal Ministry was seeking to hand over the seven coal mines with aggregate production capacity of close to 46-million tons a year to the Power Ministry, but the latter was not willing to take over the mines unless each mine came bundled with all government mandatory approvals like environmental and forest clearances.