Incentives rolled out to boost underground coal mining projects

May 5, 2025

Mining and Metallurgy Sector News | Project News | Project Update | Project Opportunities

The Ministry of Coal has unveiled major incentives to promote underground coal mining in India. Key reforms include reducing the floor revenue share from 4% to 2% and waiving upfront payment requirements for new underground projects. Combined with a 50% rebate on performance security, these measures aim to ease financial barriers, accelerate project implementation, and attract private investment. The move supports sustainable coal extraction practices, encourages advanced mining technologies, and aligns with Indias energy security and self-reliance goals.

Note: The above-mentioned news was first published by us in our ProjectX India | 1st May 2025 edition.. Do you want to buy this issue or our latest issue? If yes! click here

*Image used in this post if any, is for illustration only

India Projects | Access Mining and Metallurgy Sector News

ProjectX India PDF edition helps you to identify new projects in India. Accelerate your business by getting timely information on upcoming and ongoing projects, contract awards, and tenders. ProjectX India provides you with actionable new project opportunities along with related contacts. The copy is delivered to you through email every fortnight.

Do subscribe and get 24 fortnightly issues in a year. Click here to know more

Do you want to try out a sample evaluation copy?

Click here to download an evaluation copy that covers new projects from India, ongoing projects from India, contract awards from India, and public procurement opportunities from India.