The government has given Coal India (CIL) freedom to pass mine closure costs on to consumers. The company has not taken any decision about levying such charges on coal sales as of now.
The Maharatna PSU may consider levying an additional fee on per tonne basis to be paid by the coal consumers to meet the cost of mine closure with the approval of the board and to provide funding for those subsidiaries which are not able to fund the closure of these mines.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
