The Coal Mines (Special Provision) Bill, 2015

Lok Sabha on 4 March 2015 passed the Coal Mines (Special Provisions) Bill, 2015. This bill will replace the Coal Mines (Special Provisions) second ordinance, 2014. The bill has provisions for allocation of coal mines through a transparent bidding process i.e e-auction. The e-auction of coal blocks will ensure the continuity in coal mining operations and promoting optimum utilization of coal resources. Bill also facilitate e-auction of coal blocks for private companies for captive use and allot mines directly to state and central Public Sector Undertakings (PSUs).

Related Content