Indian Government waives upfront payment, offers rebates instead to expedite underground coal mining

Indian Government waives upfront payment, offers rebates instead to expedite underground coal mining

Government introduces new incentives to promote underground coal mining, including waiving upfront payment and reducing revenue share

India introduces incentives to promote underground coal mining

India’s Ministry of Coal has introduced a series of incentives to promote underground coal mining aimed at modernising the coal ecosystem and promoting sustainable development of the coal sector.The post India introduces incentives to promote underground coal mining appeared first on Mining Technology.

Project: Process on for underground coal mining

50% rebate on underground blocks’ performance security In a decisive step towards revitalizing India’s coal sector, the Ministry of Coal has introduced a series of transformative policy measures aimed at promoting underground coal mining. These bold reforms address the traditional challenges of high capital investment and longer gestation periods, reaffirming the Government’s resolve to modernize […] Source