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Centre aims to auction coal blocks

Updated - April 13, 2017 09:13 pm IST

Published - April 13, 2017 09:11 pm IST - NEW DELHI

India aims to auction coal blocks for commercial mining by end- December, Coal Secretary Susheel Kumar said on Thursday, a move that would end monopoly of state-run firms in coal mining.

The move could help the country to meet its target and produce 1 billion tonnes by 2020.

Coal accounts for about 70% of India’s power generation, and the government wants to boost domestic output to cut imports.

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