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Pricing freedom for India-based mining entities run by the provinces

As part of its aim to usher in commercial coal mining in India, the government has empowered provincial governments with pricing freedom for coal produced by provincial government-controlled mining entities. The provinces would also have the freedom to enter into joint ventures and appoint mine developer operators (MDOs) through their own mining companies, on condition that ownership of the coal block allocated by the Coal Ministry to the provinces would remain with the provincial governments.