Groundwork ready for next round of coal block auction

The Coal Ministry has completed the groundwork for the next round of coal block auction which could kick off by end-June, Coal Secretary Anil Swarup said on Wednesday.

The Power, Coal and New & Renewable Energy Minister, Piyush Goyal, said that there is no delay in the next round of auction and the Government has not committed a timeframe for it. He added that the auctions will commence soon.

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On the issue of coal production, Swarup said a target has been set to raise Coal India’s production by 11 per cent in 2015-16 with the production target at 550 million tonne.

http://www.thehindubusinessline.com/economy/groundwork-ready-for-next-round-of-coal-auction/article7201517.ece

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