Faster coal mine operationalisation to reduce import; prevent forex expenditure: M Nagaraju
The Centre, state governments, and coal block allocatees need to come together in a “coordinated and harmonious way” to operationalise the blocks at a faster pace as of the total 98 mines auctioned so far, only 33 are operational, Coal Additional Secretary M Nagaraju said on Thursday. He said that fast operationalisation of coal blocks will not only reduce the import of fossil fuel but would also prevent the foreign exchange expenditure.
“We have auctioned till now 98 (coal) blocks out of that 33 are operational… So, the task before us specially before mine allocatees, the state government and government of India is very clear. All of us have to come together in a very coordinated and harmonious way to operationalise the coal mines as fast as possible,” he said.
He was speaking during the 14th Indian Coal Markets Conference hosted by mjunction services Ltd.
