New Delhi: Taking ahead its decision to open up the coal sector for commercial mining, government will this month invite proposals from public sector undertakings for allotment of 16 mines.

“This month we would be inviting companies (PSUs) for allotment of 16 mines,” a source said.

The government had said last month that it would allot 16 blocks to PSUs for carrying out production and sale of the dry fuel. It also recently recently that it will ensure that coal demand of states, PSUs and small players is fully met before opening the sector for commercial mining by private companies. Read more