Center – The New Indian Express

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By Express press service

HYDERABAD: The Union Mines Ministry expects a 150% growth in coal production within 10 years thanks to the coal reforms that have been introduced. The ministry expects to produce 1,510 million tonnes in 2029-2030 compared to actual production. production of 778 million tonnes in 2021-2022.

To achieve this, the Ministry of Mines has set a target of producing 1,000 million tonnes for Coal India Limited and 80 million tonnes for Singareni Collieries Company Limited by 2025. The ministry said the captive and d other coal blocks are expected to produce 224 million tonnes. by 2025.

On the other hand, the Ministry of Mines has focused on the exploration of specific minerals and has asked state governments to effectively use funds for exploration of new mine sites and auctions. Minerals such as copper, tellurium, selenium, lead, zinc, cadmium, indium, gold, silver, diamond, rock phosphate, apatite, potash, minerals critical and strategic. According to data made available by the Ministry of Mines, the National Mineral Exploration Trust (NMET) collected Rs 4,015.05 crores, approved projects worth Rs 1,829.45 crores and incurred expenditure of Rs 513 .85 from fiscal year 2015-16 to last August on various projects. .

The approved projects include in the category of 21 basic investigations with Rs 1126.47 crores, 213 mining exploration projects with Rs 665.55 crores and financial aid for the purchase of machinery with Rs 37.43 crores. Of these, no less than 132 projects have been completed.

HYDERABAD: The Union Mines Ministry expects a 150% growth in coal production within 10 years thanks to the coal reforms that have been introduced. The ministry expects to produce 1,510 million tonnes in 2029-2030 compared to actual production. production of 778 million tonnes in 2021-2022. To achieve this, the Ministry of Mines has set a target of producing 1,000 million tonnes for Coal India Limited and 80 million tonnes for Singareni Collieries Company Limited by 2025. The ministry said the captive and d other coal blocks are expected to produce 224 million tonnes. by 2025. On the other hand, the Ministry of Mines has focused on the exploration of specific minerals and has asked state governments to effectively use funds for exploration of new mine sites and auctions . Minerals such as copper, tellurium, selenium, lead, zinc, cadmium, indium, gold, silver, diamond, rock phosphate, apatite, potash, minerals critical and strategic. According to data made available by the Ministry of Mines, the National Mineral Exploration Trust (NMET) collected Rs 4,015.05 crores, approved projects worth Rs 1,829.45 crores and incurred expenditure of Rs 513 .85 from fiscal year 2015-16 to last August on various projects. . The approved projects include in the category of 21 basic investigations with Rs 1126.47 crores, 213 mining exploration projects with Rs 665.55 crores and financial aid for the purchase of machinery with Rs 37.43 crores. Of these, no less than 132 projects have been completed.


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