The government has decided to allocate area containing coal for specified end uses through auction by competitive bidding, according to Piyush Goyal, Minister of State for Power, Coal & New and Renewable Energy. The minister also said that for augmentation of coal production in the country through Public Private Participation (PPP), a Model Concession Agreement (MCA) for engagement of Mine Developer-cum-Operators in Coal India (CIL) and its subsidiary companies was finalised in consultation with the Planning Commission.
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