I am 100% agree with Dattatraleyu sir, without private sector involvement India can not be self-sufficient in coal requirement. Government should auction coal block with all permission in hand, leaving operational permission with the commitment from the private parties or any parties to start coal flow from the mine with in 6months, 1 year, 2years and so on as per targeted coal requirement for the country. If any parties failed to start mine within targeted period there bank guarantee should be seized. It has been been seen in the past number of company acquired mine way back but failed to make operational, due to a lot of complexities. Regulator should only impose condition for mine operation and monitor strictly for betterment of country and mining industry as a whole.
Auction should be in fair and transparent manner by e-auctioning, display all the permission obtained and any specific condition imposed for that project. Land required for that project should be handed to the parties with the auctioning and cost of the land and R & R cost should be declared at the time of auctioning.
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Posted by: himanshu bhushan <himanshubhu@yahoo.co.in>
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