New Delhi, July 2 (IANS) The Ministry of Coal has introduced a key reform to provide greater financial flexibility to companies allocated coal blocks by allowing them to choose between a performance bank guarantee and an insurance surety bond for fulfilling their performance security obligations, thus further strengthening the ease of doing business in the coal sector, according to an official statement issued on Thursday.Through the Coal Blocks Allocation (Amendment) Rules, 2026, the Ministry h…
Latest Coal Blocks News & Updates
New Delhi, Jan 15 (IANS) The Ministry of Coal has executed coal mine development and production agreements with Damodar Valley Corporation for three commercial coal blocks — Dhulia North, Mandakini B, and Pirpainti Barahat — in a significant step towards reinforcing India’s energy security and accelerating economic growth, according to an official statement issued on Thursday.These blocks were successfully auctioned under the 13th round of commercial coal mining auctions.The execution of the…