Coal India Has awarded Abandoned mines to private companies

To bolster its revenue stream, national miner Coal India Ltd (CIL) has awarded its abandoned coal mines to private players on a revenue-sharing model.

Coal India Limited (CIL) is an Indian central public sector undertaking under the ownership of the Ministry of Coal, Government of India. It is headquartered at Kolkata. It is the largest government-owned-coal-producer in the world. It is also the ninth largest employer in India with nearly 272,000 employees.

  • CIL had identified 23 coal mines — most of them underground ones — which were closed or discontinued for technical or financial reasons.

Revenue Sharing Model for Coal Plants

  • The revenue sharing model involves collaboration between Coal India Ltd (CIL) and private players.
  • Revenue Sharing Framework:
    • Structure: Private players are awarded contracts to operate abandoned or underutilized coal mines on a revenue-sharing basis with Coal India Ltd (CIL).
    • Revenue Split: The revenue generated from coal sales is shared between CIL and the private operators based on agreed terms.
  • Identification of Mines:
    • Selected Mines: CIL identified 23 abandoned or discontinued mines, mostly underground, with a cumulative peak-rated capacity of 34.14 million tonnes per annum (MTPA) and estimated reserves of 635 million tonnes (MT).

The Right Way to Read NCERT Books to Prepare For the UPSC Exam

When it is a matter of preparing for the UPSC exam, no one can deny the significance of NCERT books. Published by the National Council of Educational Research and Training, those books are invaluable sources of all the necessary information that might be helpful for the UPSC exam. Reading those books cover to cover may not help in getting the optimal results.

It is crucial to embrace an effective reading approach. But how? Well, this blog post may help you understand the right way to read the NCERT books to prepare for the UPSC exam. Reading this article can help you maximise your preparation endeavours and excel in the exam. You can get the right guidance on this matter in any renowned IAS coaching centre in Kolkata.

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The Perfect Tips to Score Well in the UPSC History Examination

The subject that holds great significance in almost every competitive exam is other than history. The UPSC exam is the toughest exam India in and history is a major part of its General Studies syllabus. Preparing for history is extremely vital for both the Prelims and Mains exams of the UPSC.

Apart from being a part of General Studies, an aspirant can also take history as an optional paper in the PSC exams and UPSC exams. Without preparing well in history, clearing the IAS exam is like discovering the stars of the day. In this blog post, we will mention the perfect tips to score well in the UPSC exam. So let’s begin.

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The Best Ways to Prepare For UPSC Current Affairs

Are you a UPSC aspirant and looking forward to having a great preparation for current affairs? If yes, then stay ahead with the tips we will discuss later in this article. The UPSC exam has a great emphasis on current affairs. This is because it helps to assess the knowledge of the aspirants about the recent happenings around the world. By mastering current affairs, an aspirant can surely increase his or her chances of success.

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The 7 Top Facts A Candidate Must Know About The UPSC Exam

Every year lakhs of candidates appear for the UPSC exam but very few of them get success. Getting selected for the desired civil service post is not so easy. The UPSC exam is considered to be one of the toughest exams in India. Some candidates cannot crack this exam despite preparing for 5-6 years.

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