Coal and Mining Sector

Coal linkages to steel, aluminium, cement sectors only via auction

  1. This was decided by the Cabinet Committee on Economic Affairs (CCEA) which met under Prime Minister Modi.
  2. The auction ensures all market participants have a fair chance to secure the coal linkage, irrespective of their size.
  3. It attempts to ensure an optimal allocation of coal across user industries and geographies.
  4. The cabinet allowed the railways ministry to form joint venture (JV) companies with the state governments.
  5. To mobilize resources for undertaking various rail infrastructure projects in states.

Move for transparency & level-playing field; follows SC declaring allocation of 204 coal mines/blocks as illegal due to arbitrary procedure.

  1. This was decided by the Cabinet Committee on Economic Affairs (CCEA) which met under Prime Minister Modi
  2. The auction ensures all market participants have a fair chance to secure the coal linkage, irrespective of their size
  3. It attempts to ensure an optimal allocation of coal across user industries and geographies
  4. The cabinet allowed the railways ministry to form joint venture (JV) companies with the state governments
  5. To mobilize resources for undertaking various rail infrastructure projects in states
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