Ministry of Coal finalises Action Plan for 2022-23

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New Delhi: The Ministry of Coal has finalised an Action Plan Document for the year 2022-23, the Ministry informed in a press release on June 10, 2022.

The Action Plan broadly focuses on the following areas:

1. Grey Hydrogen
2. Just Transition/ Energy Transition
3. Restructuring Coal Mines Provident Fund Organisation. (CMPFO)
4. Coal evacuation
5. Benchmarking of Machines & Quantifiable Parameters (Output per hr/per machine)
6. Outsourcing of Coal India Ltd. (CIL) Mines
7. Coal Trading Platform
8. Regulatory Mechanism for coal
9. Training
10. Corporate Restructuring of Coal Sector (CPSEs)
11. Quality Issues
12. Lignite Gasification
13. Coking Coal Strategy
14. Coal Pricing Reforms
15. Futuristic Agenda- comprises of :-

1. Coal to Chemical
2. CIL diversification
3. Robust Media campaign
4. Close monitoring of CSR activities

Work on the following areas from previous year’s Agenda will be continued this year also :

1. Coking Coal Strategy
2. Coal Pricing Reforms
3. Futuristic Agenda

The Ministry informed that the Futuristic Agenda includes- Coal to Chemical: Syn Gas, Hydrogen Gas, Liquid fuels, Chemicals and fertilizers, CIL – diversify its business and explore prospects in sunrise industries electric charging pods, EVs etc., acquisition and mergers of similar or new business after due diligence, media campaigns and close monitoring of CSR activities. (Press Release)