Exploration of Coal and Lignite Scheme
✓Ministry of Coal has approved a plan called the “Exploration of Coal and Lignite Scheme” with an estimated expenditure of ₹2,980 crore.
✓Aim: The scheme aims to explore and estimate coal resources in the country, facilitating the preparation of detailed project reports for coal mining. This initiative plays a crucial role in assessing coal reserves, auctioning new coal blocks, and recovering costs from successful bidders.
✓Time period: 2021-22 to 2025-26
✓Stages: It consists of two stages: (i) Promotional (Regional) Exploration and (ii) Detailed Exploration in Non-Coal India Limited blocks
