The Ministry of Coal has identified four new coking coal blocks, and the Central Mine Planning and Design Institute (CMPDI) will also complete Geological Reports (GR) for four to six new blocks in the coming months. There’s a chance these blocks will be offered in subsequent rounds of the auction to the private sector to increase the supply of raw coking coal in the country.
As a result of these measures taken by the Ministry under Aatmanirbhar Bharat, domestic raw coking coal production will reach 140 Million Tons (MT) by 2030. By 2025, Coal India Ltd (CIL) plans to increase raw coking coal production by 26 MT from existing mines and identify nine new mines with 22 MT Peak Rate Capacity (PRC). Out of the 30 discontinued coking coal mines, CIL has offered eight to the private sector via an innovative revenue-sharing model with a PRC of 2 MT.