India: coal production from captive mines raises 24pc output.
Coal production from captive mines in the first nine months of the ongoing financial year was up 24 percent year-on-year (y-o-y) at 40.93 million tonne (MT). However, about 53 percent of the output came from coal blocks, which were not cancelled by the Supreme Court in its September 2014 order. The apex court had then cancelled 204 out of 218 captive coal block licences, saying these had been allocated in an illegal and arbitrary manner. After the apex court ruling, 36 captive coal mines have been auctioned so far. Of these, 11 are producing coal at...
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