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Ministry of Coal organizes Roadshow in Kolkata

Published: Feb 20, 2025

By TIOLCorplaws News Service

NEW DELHI, FEB 20, 2025: THE Ministry of Coal successfully organized a Roadshow on 'Opportunities in the Coal Sector & Commercial Coal Mine Auctions' at Kolkata today. Secretary, Ministry of Coal, Vikram Dev Dutt was the chief guest and graced the occasion accompanied by Rupinder Brar, Additional Secretary and Nominated Authority Ministry of Coal, reinforcing the Ministry's commitment to supporting stakeholders. The event witnessed enthusiastic participation from industry leaders, investors, and stakeholders, showcasing the Government's commitment to transforming the coal sector through progressive reforms and transparent policies.

In her welcome addresses Rupinder Brar, Additional Secretary and Nominated Authority, Ministry of Coal reassured investors of the Ministry's commitment to supporting them throughout the investment process. She emphasized the streamlined clearance processes and continuous enhancements to the ease of doing business in the sector. Brar stated that the Ministry is dedicated to ensuring a seamless investment journey for all stakeholders, backed by a transparent regulatory framework and accelerated project approvals. She also highlighted the Government of India's progressive policies promoting coal gasification and underground mining to diversify coal utilization methods, reduce environmental impact, and enhance mining efficiency. She reiterated the Ministry's unwavering commitment to good governance, maintaining the highest standards of integrity, accountability, and transparency, while being open to dialogue, feedback, and collaboration with stakeholders.

In his keynote address, Secretary, Ministry of Coal Vikram Dev Dutt emphasized the Ministry's vision to unlock the untapped potential of India's coal resources. He highlighted how ongoing reforms are fostering sustainable growth and delivering mutual benefits to all stakeholders, ensuring that India's coal sector remains a strong driver of economic growth and energy security. Dutt also mentioned the Ministry's active coordination with various State Governments and various Ministries, including the Ministry of Environment and Forests, to expedite early clearances and enhance logistical support through Ministry of Railways. Secretary, emphasized that underground mining will have its place in upcoming auctions, offering a sustainable and efficient approach to coal extraction while minimizing environmental impact.

He urged private players to not just invest in mining but also contribute meaningfully to the communities they operate in. He emphasized that the industry owes much to society and should strive to set new benchmarks in afforestation, restoration, and welfare initiatives. "Our growth must be inclusive, and our progress must leave a lasting, positive impact on both people and the planet," he affirmed. 

The Roadshow featured comprehensive presentations on the upcoming commercial coal mine auctions, offering insights into investment prospects and policy frameworks. It also provided a platform for investors to engage with key decision-makers, explore new business avenues, and gain a deeper understanding of India's evolving coal sector landscape.

The event also served as an interactive platform for stakeholders, including industry leaders, potential investors, mining experts, and policymakers, to exchange insights and explore collaborative opportunities. Stakeholders were able to gain clarity on the auction process, better understand regulatory frameworks, and learn about investment incentives. This engagement reaffirmed the Ministry's commitment to creating an investor-friendly ecosystem, ensuring stakeholders can capitalize on the growing opportunities within the coal sector and contribute to India's energy security and sustainable growth.

The Roadshow in Kolkata marks a significant milestone in the Ministry of Coal's efforts to unlock new avenues for investment and foster growth in India's coal sector, further reinforcing the country's position as a global leader in coal production.

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