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December 9, 2013

Government formulates draft policy on usage of surplus coal...

 

Government formulates draft policy on usage of surplus coal...

The Government has formulated a draft policy on usage of surplus coal, including middlings, rejects, etc. which has been circulated to various Ministries / Departments for obtaining their comments.

As per the conditions in the allocation letter issued to various allocatees of coal blocks, usable middling / rejects generated during beneficiation shall be used captively by the allocatee(s) in their end use plants specified in allocation letter.

The modalities of disposal of surplus coal/middlings/rejects, if any, would be as per the prevailing policy / instruction of the Government at the relevant point in time and could also include handing over such surplus coal / middlings / rejects to the local CIL subsidiary or to any person designated by it at a transfer price to be determined by the Government.

This information was given by the Minister of State for Coal, Shri Pratik Prakash Bapu Patil in a written reply in Rajya Sabha today.

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