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Coal Block Valuation and Implementation of Better Mining Process is the Key to Success of Future UMPPs

News

The government is likely to trim the coal blocks attached to the proposed ultra mega power projects (UMPPs) in Odisha and Jharkhand to ensure that the winning companies do not get excess coal with the projects. 

Source: ET

SNP Insight

As the excess coal from the coal mines out of picture better estimation of quantity and cost come into front. Those companies who will implement best mining technology in cost effective way will get benefit in future. This may improve mining efficiency and production from these mines. This will create opportunity for leading mining technology and service providers to invest in coal mining sector in India.  Also the better utilization of cheap natural resources may reduce the cost of power tariff and benefit the end consumer in longer run.

Source: SNP Infra Research