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The Ministry of Coal will organize a road show on ‘coal sector investment opportunities and commercial coal mine auction’ in Mumbai tomorrow

The Ministry of Coal is set to organize a road show in Mumbai as part of its ongoing series to showcase investment opportunities in the coal sector and the commercial coal mine auction. The event will take place on 28 February at Taj Mahal Palace in Mumbai. Union Minister of Coal and Mines, Mr. G. Kishan Reddy, Mr. Vikram Dev Dutt, Secretary, Ministry of Coal, Ms. Rupinder Barar, Additional Secretary, Ministry of Coal and other senior officials of the Ministry will be present on the occasion as the chief guest. This strategic program will bring out major stakeholders, industry leaders and investors simultaneously to find out the emerging possibilities in coal mining, technological progress, best and sustainable practices.

Commercial coal mining has been a game-shineer, which has opened up new development opportunities and has given momentum to India towards energy self-reliance. There has been significant progress in the region since the first commencement of commercial coal auction on 18 June 2020. With a successful 10 -round auction, 113 coal mines have been allocated, the cumulative PRC ~ 257.60 MTPA. To pursue this success and pursue industry participation, the Ministry of Coal has launched a range of road shows.

After a great response in Kolkata, now the speed is moving towards Mumbai and then Ahmedabad – expansion of opportunities and engagement. These road shows provide information about upcoming auctions, major policy reforms, ease of trading and financial incentives to attract investors. Senior officials of the Ministry of Coal, Coal India Limited and other public undertakings will present the head development and interact with the leaders of the industry, promote the discussion on the important role of the coal sector in regulatory structure and India’s energy future securing.

Along with transformational changes in the coal sector of India, the initiative is aligning with the government’s vision of developed India as well as self-sufficiency in energy security and private participation in coal mining. Road show in Mumbai is part of a series of nationwide programs that aim to encourage industry cooperation and promote investment in the field. Through these efforts, the Ministry attempts to create a transparent, investor-friendly ecosystem that facilitates growth and innovation, ensuring environmental stability.

The main focus of this event will be to discuss technological innovations, stability measures and environmental best practices in coal mining. Participants will get information about modern mining techniques, recurrences of mining-free, and initiatives supporting a equitable infection towards clean coal technologies. The program will also emphasize India’s commitment to balance energy security with resource management, promoting an attitude that integrates economic development with ecological responsibility.

The Ministry of Coal gives all stakeholders, investors and industry leaders a heartfelt invitation to be a part of this important program. In this transformative journey, the participants will contribute to shaping a flexible, progressive and self -sufficient coal sector – which will accelerate India’s economic growth, maintaining the highest standards of stability and innovation.

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