Exploration Of Coal And Lignite Scheme: Approved Continuation
The union government of India approved the continuation of the central sector plan ‘Exploration of Coal and Lignite scheme’ with an estimated expenditure of ₹2,980 crore.
- The period for the extension is from 2021-22 to 2025-26.
- Under this scheme, exploration for coal and lignite is conducted in two broad stages: (i) Promotional (Regional) Exploration and (ii) Detailed Exploration in non-Coal India Limited blocks.
- This scheme is required to prove and estimate coal resources available in the country, which helps in preparing detailed project reports to start coal mining.
- The geological reports prepared through these explorations are used for auctioning new coal blocks, and the cost is thereafter recovered from successful allocatee.