The government last Thursday announced the auction of 41 coal blocks for commercial mining with an aim to foster competition and bring in capital and technology in the sector. “Commercial coal mining is not going to adversely impact production and profitability of the company. Uniform quality of coal, cost efficiency in production and reliable delivery schedule will help the company to stay ahead of competition. The government last Thursday announced the auction of 41 coal blocks for commercial mining with an aim to foster competition and bring in capital and technology in the sector. Allaying apprehensions that entry of private entrepreneurs in commercial mining may shrink Coal India’s presence, an official said, “ It would not unsettle us.

Source: The Telegraph June 22, 2020 21:45 UTC