Mumbai, Feb 27
The Ministry of Coal is set to organize a roadshow in Mumbai as part of its ongoing efforts to showcase investment opportunities in the coal sector and highlight prospects in commercial coal mine auctions. Scheduled for February 28 at The Taj Mahal Palace, Mumbai, the event will be graced by Union Minister of Coal and Mines, Shri G Kishan Reddy, along with Shri Vikram Dev Dutt, Secretary, Ministry of Coal, Ms. Rupinder Brar, Additional Secretary, Ministry of Coal, and other senior officials. The roadshow aims to bring together key stakeholders, industry leaders, and investors to explore new opportunities in coal mining, technological advancements, and sustainable practices.
Expanding Opportunities in Commercial Coal Mining
The introduction of commercial coal mining has revolutionized the sector, unlocking new growth opportunities and driving India towards energy self-reliance. Since the launch of commercial coal auctions on June 18, 2020, the industry has made significant strides. With 10 successful auction rounds, 113 coal mines have been allocated, with a combined Peak Rated Capacity (PRC) of approximately 257.60 MTPA.
To build on this success and boost industry participation, the Ministry of Coal has initiated a series of roadshows across India. Following an overwhelming response in Kolkata, the initiative now moves to Mumbai, followed by Ahmedabad, expanding the scope of industry engagement. These events provide a platform for investors and stakeholders to gain insights into upcoming auctions, policy reforms, business-friendly initiatives, and financial incentives designed to attract investments.
Key Highlights of the Roadshow
Senior officials from the Ministry of Coal, Coal India Limited, and other public sector undertakings (PSUs) will present key developments and interact with industry leaders. Discussions will focus on regulatory frameworks, ease of doing business, and the coal sector’s pivotal role in ensuring India’s energy security.
With the coal sector undergoing rapid transformation, this initiative aligns with the Government’s vision of Viksit Bharat, promoting self-reliance in energy and fostering private sector participation in coal mining. The Mumbai roadshow is part of a broader national effort to encourage industry collaboration and drive investments into the sector, creating a transparent and investor-friendly ecosystem that supports both growth and innovation while prioritizing sustainability.
Emphasis on Sustainability and Technological Innovation
A key focus of the event will be advancements in mining technology, sustainability practices, and environmental conservation. Participants will gain valuable insights into:
- Modern mining techniques to enhance efficiency and reduce environmental impact
- Reclamation and rehabilitation of mined-out areas
- Innovations in cleaner coal technologies to support a just energy transition
The discussions will highlight India’s commitment to balancing energy security with responsible resource management, ensuring that economic development aligns with ecological sustainability.
An Invitation to Industry Leaders and Investors
The Ministry of Coal extends a warm invitation to stakeholders, investors, and industry leaders to participate in this significant event. By engaging in this transformative initiative, attendees will contribute to shaping a progressive, resilient, and self-reliant coal sector—one that supports India’s economic growth while adhering to the highest standards of sustainability and innovation.
(Source: PIB)
