chemistry today magazine

chemistry today magazine

chemistry today magazine Published this article page no 82  Diversified Opportunities in Coal Sector (Investment Rs. 50000 crore) o Coal GasificationLiquefaction will be incentivised through rebate in revenue share.  This will result in significantly lower environment impact as gasified and liquefied coals are cleaner fuels compared to coal and will also assist India in switching to a gas based economy. o Investment of Rs. 50000 crore in Infrastructure development to achieve the enhanced Coal India Limited (CIL)s target of 1 billion tonnes coal production by 202324 in a sustainable manner.  Liberalization of Coal Sector o Coal Bed Methane (CBM) extraction rights will be auctioned from Coal India Limiteds (CIL) coal mines. o Ease of doing business measures such as Mining Plan simplification will be taken. e.g. to allow for automatic 40% increase in annual production.  Concessions in commercial terms given to CILs consumers o Reserve price in auctions for nonpower consumers has been reduced credit terms have been eased and lifting period has been enhanced.  The reserve price is the lowest price at which a seller is willing to sell an item. If at the close of auction the bidders have not met the reserve price the seller is not obligated to sell. Mineral  Enhancing Private Investments in the Mineral Sector by o Introduction of a seamless composite explorationcumminingcumproduction regime. o 500 new mining blocks would be offered through an open and transparent auction process. o Introduction of a new mechanism for joint auction of Bauxite and Coal mineral blocks to enhance competitiveness of Aluminium Industry. This will help aluminium industry in reduction of electricity costs chemistry today magazine buy. 

chemistry today magazine