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Overview of Coal Mining Industry in India - Office of Fossil Energy

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DEVELOPMENTS IN COAL INDUSTRYPRIOR TO1972-731970 S EARLY1990 S1996 2000-06Mostly <strong>in</strong>private handsexcept for twopublic sectorunits namelySCCL & NCDC1972-73<strong>Coal</strong> m<strong>in</strong>esNationalisationact1975CIL formed ashold<strong>in</strong>gcompany with 6subsidiaries1993Amedment <strong>in</strong>act to allowcaptive m<strong>in</strong><strong>in</strong>gby privateoperator and notfor sale1995-96BudgetorysupportwithdrawnCapitalRestructureTo decontrol <strong>of</strong>price &distribution<strong>Coal</strong> m<strong>in</strong>es(Nationalisation)amendment bill(Colliery ControlOrder 2000)-Pric<strong>in</strong>g anddistribution fullyderegulated.Budget 06-07Some CIL blockopened forcaptive m<strong>in</strong><strong>in</strong>g21

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