January 2, 2013
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Competitive bidding for coal block allocation implemented, with strengthened GCV grading and mandatory fuel supply agreements enforcing performance.
The Ministry shifted thermal coal grading and pricing to Gross Calorific Value (GCV), required strengthened crushing, sizing and sampling infrastructure and mandatory Fuel Supply Agreements. It implemented allocation reforms under amended mining law to enable competitive bidding, initiated rules and auction modalities, and empowered an Inter Ministerial Group (IMG) to review coal block performance and recommend actions including deallocation and bank guarantee enforcement. Priority rail projects and measures for technology, MDO engagement and R&R policy revision were advanced to support production and evacuation.