>> After West Bengal and Maharashtra, it is now the time for coal consumers in Bihar to avail the hassle free coal procurement through the online mode—to be implemented by mjunction. The Bihar State Mining Corporation (BSMC), the nodal agency in the state, has appointed mjunction for the implementation of coal e-distribution in the state. It is believed to enable small and medium enterprises to purchase coal directly without the involvement of middlemen. The allocated quantity of coal for the state by Coal India Limited (CIL) is at 3.85 lakh MTPA.
>>In what contradicts the tall claim of the Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI) on providing uninterrupted coal supplies to the consumers in India, the supplies have been far from satisfactory, according to a section of players. The scheme was approved by the government in May’17 aimed at centralizing coal supply to the consumers. There has been only one round of bidding (in Sep’17), but the winners are yet to receive the desired coal supplies even after the winning of the bids.
>>In a recent estimate by a well-known think-tank, commercial coal mining will be able to restrict INR 30,000 crore of coal imports in India. Participation of private miners will increase competition, enhance productivity, and also will bring in the latest equipment and technology into the country—that will boost up the coal production in the country. Commercial coal mining is the process of allowing private miners to mine coal in the country and sell the produce without any restriction on pricing or end-uses.
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