CIL to provide short-term linkages to end-use plants
BY PTI9 Feb 2016 11:28 PM GMT
PTI9 Feb 2016 11:28 PM GMT
State-owned Coal India will provide short-term linkages to the end-use plants of those central and state PSUs, both in power and non-power sector, whose coal blocks could not begin production. The development comes after government approved allocation of coal linkages to non-regulated sectors such as steel and cement through the auction route.
"The proposal for grant of 'Bridge Linkage' to specified end use plants of central and state public sector undertakings (both in power as well as non-power sector) which have been allotted Schedule-III coal mines under the Coal Mines (Special Provisions) Act, 2015 (CM(SP) Act)...
"... and coal blocks allotted under the Mines and Minerals (Development and Regulation Act, 1957 (MMDR Act) has been examined in the Ministry," Coal Ministry said in a notification. "With approval of the competent authority, policy guidelines (for grant of bridge linkage) have been finalised," it said.
Bridge Linkage to be granted for a period of three years shall act like a short-term linkage to bridge the gap between requirement of coal of a specified end use plant of central and state PSUs and the start of production from the linked allotted coal mine, it added. "Only Schedule-III coal mines and coal blocks allotted under MMDR Act will be considered.Â
Next Story