Commercial coal mining reforms: New beginning or non-starter?

The government has invited technical and financial bids for 38 coal blocks to be submitted for commercial mining. Sans the restrictive end-user clause in mining auctions, commercial mining is expected to boost output and rein in burgeoning coal imports. However, uncertainties persist about private participation in coal mining, especially at a time when core sectors of the economy are grappling with the pandemic-induced slowdown. Join us as we interact with our panel of experts on a plethora of pressing issues.

Date: Saturday, 17th Oct, 11:00 AM (IST), 1:30 AM (Singapore time), 9:30 AM (Dubai time)

Panellists:

  • Mr A.K. Jha, Former Chairman, CIL
  • Mr Somesh Biswas, Chief, Raw Materials Strategy Group, Tata Steel India
  • Mr V.K. Arora, Chief Mentor, Karamchand Thapar & Bros. (Coal Sales) Ltd.

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Points of discussion:

  • Restrictive industry structure as a disincentive to private participation in coal mining
  • Concerns related to quality of domestic coal, grade slippage
  • National Coal Index, grade issues and rationale behind factoring in import prices in NCI
  • Will commercial miners be able to match lower prices than CIL?
  • Delay in approvals/difficulty in acquiring land as against facilities available to PSUs under Coal Bearing Act
  • Evacuation and logistical concerns around blocks to be auctioned
  • Renewables and new investments in coal mining – the broader picture

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