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Coal Vision 2030 says no new coal mine auctions beyond current pipeline

<p>Coal Vision 2030 has suggested that no new coal mines need to be allocated or auctioned beyond the current pipeline. According to the document the total capacity of mines allocated and auctioned, including Coal India, SCCL and Neyveli Lignite, as on date is about 1,500 million tonnes per annum at the current rated capacity. In view of the likely demand, there is limited requirement of starting new coal mines except the ones already auctioned or allocated.</p> <p>More than 100 blocks have been allocated, auctioned or allotted, for captive and commercial mining till date. These blocks are estimated to have an overall capacity of 450-500 million tonnes per annum. Based on the current status of these blocks, it is estimated that captive or commercial coal blocks may contribute 90-170 million tonnes per annum by 2020. However, this does not exclude the possibility of coal deficit at consumers&#39; end driven by evacuation constraints, marketing policies and mismatch between regions of production vis-a-vis consumption. Coal mining companies need to ensure continuous monitoring and portfolio planning to avoid coal deficit.</p>