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Viability of Future Power Project Hanging in Balance as MoEF Pushes for Cleaner Mining Technology

News

The Centre is working on a mechanism that will augment coal mining without damaging the environment, says Prakash Javadekar, Minister for Environment, Forests and Climate Change.
Source: Business Line

SNP Insight

MoEF pushing for cleaner mining technology and Underground Mining wherever possible to have minimal impact on environment may sluggish the government ambitious target of 1.6 billion tonnes and may also question the viability of the already high bid captive coal mine who can not pass through the cost of mining to the fixed component of tariff.
Source: SNP Infra Research