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Mission Coking Coal: Domestic raw coking coal prodn to reach 140 MT by 2030 Coking Coal
Image: Wikimedia Commons

Mission Coking Coal: Domestic raw coking coal prodn to reach 140 MT by 2030

India Blooms News Service | @indiablooms | 15 Dec 2022, 03:22 pm

New Delhi/IBNS: Domestic raw coking coal production is likely to reach 140 MT—105 MT by CIL and 35 MT by allocated coking coal blocks—by 2030, Coal Minister Prahlad Joshi said Wednesday.

In a written reply in Lok Sabha, Joshi said CIL has planned to increase raw coking coal production from existing mines up to 26 MT and identified ten new mines with PRC of about 22 MT by FY 2025.

Also, CIL has offered eight discontinued coking coal mines on revenue sharing model to the private sector with a PRC of 2 MT.

The minister said the government launched 'Mission Coking Coal' in August 2021 to suggest a roadmap to augment the production and utilization of domestic coking coal in India by 2030

Mission Coking Coal document has made recommendations majorly relating to new exploration, enhancing production, enhancing washing capacity, auction of new coking coal mines, he added.

As per this roadmap, CIL is setting up nine new coking coal washeries and also revamping the existing coking coal washeries to augment washing capacity.

Further, the Ministry of Coal has auctioned 10 coking coal blocks to the private sector with a PRC of 22.5 MT during the last two years. Most of these blocks are expected to start production by 2025.

The ministry has also identified four coking coal blocks and the CMPDI also will finalize GR for 4 to 6 new coking coal blocks in the next two months.

These blocks may be offered in subsequent rounds of the auction for the private sector to further step up the domestic raw coking coal supply in the country.

Between May 22, 2022, and May 19, 2022, imports of Anthracite and coking coal attracted NIL import duty [Nil BCD and NIL AIDC].

With effect from 19.11.2022, imports of Anthracite and coking coal, along with other types of coal, attract a concessional rate of 2.5% Customs duty [I% BCD and1.5% AIDC].

The government has taken this initiative to increase the present blending of 10-12% of domestic coking coal with imported coking coal to 30% by FY2030 and reduce the import of coking coal.

CIL undertakes constant efforts to enhance coking coal production by capacity enhancement through the expansion of existing coking coal-producing mines and from the implementation of new coking coal blocks.

Mass Production Technology has been introduced in UG mines of CIL to enhance domestic raw coking coal production. CIL is taking steps regarding offering of coking coal mines for production to investors on a revenue sharing basis.

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