Government to allow captive mines to sell coal in open market
Updated : February 19, 2019 09:58 PM IST
The move seeks to "increase competitiveness" and address a tepid response to captive coal mine auctions, and would lead to higher revenue for the government, the government said in a statement.
The move comes months after India's cabinet approved a commercial coal mining policy, which enables companies to bid for mines from which they can sell all the coal in the open market.
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