Power sector PSUs to follow ‘zero imports’ from next fiscal – Feedback

The Centre is considering providing mines to private players for commercial mining but the demand situation was holding it back from taking a final call. Coal Secretary Anil Swarup on Thursday said, the coal minster is eager to give blocks to private companies for commercial mining, but the availability should be checked with. It has to be assured that everyone is getting coal.

However, the state governments have already been allocated blocks for commercial mining. The secretary, who was keynote speaker ‘India’s Coal Sector – Vision 2020’ organized by MCC Chamber of commerce and Industry, also said that in order to bring down coal imports at a faster rate, public sector units (PSUs) in the power sector will follow ‘zero imports’ from the next fiscal onwards.


About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *