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The Coal Reform Center 30 aims for zero, importing more coal for purposes other than energy | News

The Center is preparing to launch “Coal Reforms 3.0”, which aims to reduce total coal imports and increase its availability for industrial sectors. The Ministry of Coal plans to unblock domestic coking coal production in several stages.

After the nationalization of coal in 1971 and the introduction of the e-auction system in 2015, the ministry sees it as the third wave of reforms aimed at non-energy sectors, especially the steel industry. According to ministerial sources, the government’s target is zero imports in the next two financial years.

The first step will be a new forward bidding auction for domestic coking coal

First published: June 16, 2024 | 23:36 IST