The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur


  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Business

Union Home Minister Amit Shah launches Single Window Clearance Portal of Ministry of Coal

by TLN Team January 11, 2021
written by TLN Team January 11, 2021
Union Home Minister Amit Shah launches Single Window Clearance Portal of Ministry of Coal

Ministry of Coal (MoC) on Monday launched Single Window Clearance Portal, a unified platform that facilitates the grant of clearances and approvals required for starting a coal mine in India. Union Home Minister Amit Shah launched the portal in presence of Union Minister of Coal & Mines Pralhad Joshi in an event organized in New Delhi to execute agreements with successful bidders of India’s first-ever commercial mining auctions.

Joshi announced that the next tranche of commercial mines auction would be launched in January 2021. “We have reformed the coal, and now coal will transform the nation,” Joshi said.

“Coal sector has witnessed massive transformation under the dynamic and decisive leadership of Hon’ble Prime Minister Narendra Modi. Single Window Clearance Portal is in the spirit of Minimum Government and Maximum Governance. It would be a milestone for Ease of Doing Business in the Indian Coal Sector,” Joshi added.

Presently, about 19 major approval or clearances are required to be obtained before starting a coal mine in the country. Some of them include approval of Mining Plan and Mine Closure Plan, Grant of Mining Lease, Environment and Forest Clearances, Wild Life Clearance, Clearances related to Safety, Environment, Rehabilitation of project affected families, welfare of workers etc. These approvals or clearances are granted either by central or state governments. In the absence of a unified platform for grant of clearances/approvals for starting of a coal mine, the project proponents are required to approach different administrative ministries and Government departments separately to apply for the requisite clearances leading to delay in operationalization of coal mines.

Now, the complete process shall be facilitated through Single Window Clearance Portal, which will map not only the relevant application formats, but also process flow for grant of approval or clearances. The Mining Plan module of the portal was launched on Monday and the modules related to other clearances will be added in phases.

The Coal Ministry also executed agreements with the 19 successful bidders of India’s first-ever commercial mining auctions that include Vedanta Ltd, Adani Enterprises Ltd, Jindal Power Ltd, Hindalco Industries Ltd along with other successful bidders. The success of India’s first-ever commercial mining auctions will pave the way for the Aatmanirbhar Bharat as it will help reduce India’s coal import by about 20%. SBI Capital Markets Limited, sole Transaction Advisor to Ministry of Coal for the Commercial coal mine auction, had devised the methodology and assisted Ministry in conduct of the auction.

“I appeal to all states to facilitate the opening of all these mines so that India could make use of its abundant coal resources. It will help our nation become Aatmanirbhar in Coal,” Joshi said.

Notably, States will garner a total revenue of Rs 6,656 crores annually from these successfully auctioned 19 mines. With fierce competition in the auction, the highest premium remained at 66.75% and the average premium at 27%. These mines are spread over 05 states Madhya Pradesh, Chhattisgarh, Odisha, Jharkhand, and Maharashtra and have consolidated Peak Rated Capacity (PRC) of 51 Million Tonnes Per Annum (MTPA).

Joshi also said that based on the experience of various mineral-rich states and feedback received from the stakeholders, the government will also bring out structural reforms in the mining sector. These reforms will generate huge employment opportunities and increase the production of minerals leading to self-reliance.

“I hope the upcoming reforms will unleash the potential of the mining sector in India,” Joshi said.

Several industry-friendly measures which promote ease of doing business in the mining sector will be brought in.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
Maharashtra among 8 states with Bird Flu cases
next post
Nalgonda School for Blind, the blind school run by blind for the blind completes 25 years Blind too can dream: Chokka Rao

You may also like

Action taken against 31 businessmen  for selling products...

May 17, 2022

Rupee hits all-time low against Dollar

May 17, 2022

NARENDRA MODI’S GOVERNMENT WILL ADDRESS ALL GST ISSUES...

May 15, 2022

Udyamita Yatra to reach city on May 24

May 13, 2022

Swiggy shuts down Supr Daily, suspend Swiggy Genie

May 11, 2022

VIA LEW conducted seminar on “Role of Technology...

May 11, 2022

Rupee touches all-time low of Rs 77.42 against...

May 10, 2022

Coal India is the third largest corporate spender...

May 8, 2022

Parag Agrawal’s wife linked with Musk’s $44 bn...

May 8, 2022

Valediction Ceremony of the 74th Batch of Indian...

April 28, 2022

Trending News

  • Mini MBA course in just one rupee, know how

    May 17, 2022
  • Know how to block spam calls on iPhone

    May 16, 2022
  • India reeling under 50°Celsius is a matter of concern

    May 16, 2022
  • Rohit Sharma, K L Rahul to be rested for T20 series

    May 15, 2022
  • Australian Cricket Star Andrew Symonds Dies In Car Crash

    May 15, 2022

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

January 2021
M T W T F S S
« Dec   Feb »
 123
45678910
11121314151617
18192021222324
25262728293031

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us
  • Work with us
  • Contact Us

© 2020 - The Live Nagpur . All Rights Reserved.