A committee to recommend framework for the Public Private Partnership with Coal India Limited

The Government has set up a committee under the chairmanship of Coal Secretary with representatives from Planning Commission, Ministry of Finance, Ministry of Labour, Ministry of Law & Justice among others to recommend a framework for the Public Private Partnership with Coal India Limited as one of the paterners for augmentation of coal production in the country within the framework of the Coal Mines (Nationalisation) Act, 1973. The Committee deliberated on the various models including engaging Mine Developer cum Operators (MDOs). The Planning Commission in consultation with all the stake holders including Ministry of Coal & Coal India Ltd. (CIL) is in the process of finalizing a Model Concession Agreement (MCA) for engagement of MDOs in CIL.

No allocations have been made to private companies during the year 2012 and 2013.

The target fixed for coal production from the captive coal blocks for the year 2013-14 is 46.15 million tonnes and the production achieved during the year 2013-14 (Upto October, 2013-Provisionsal) is  21.740 million tonnes (13.645 million tonnes for private companies and 8.095 million tonnes for government companies).