Source: PIB
Context: The Ministry of Coal has announced the start of the Star Rating Registration process for Coal and Lignite Mines for the fiscal year 2022-23.
Aim: It aims to promote competitiveness and sustainable mining by evaluating mines based on key parameters such as mining operations, environmental impact, technology adoption, economic performance, and worker compliance.
Process: Participating mines will undergo a self-evaluation process, and the top 10% performing mines will be further validated through inspections. The evaluation will be conducted by the Coal Controller’s Organization. The ratings awarded range from Five Star to NO Star, comprehensively evaluating each mine’s achievements.
Significance: The initiative seeks to enhance the overall performance and sustainability of coal and lignite mining in the country by recognizing and promoting responsible mining practices.
About Coal and Lignite:
Coal is a solid, carbon-rich mineral formed from plant remains, while lignite is a lower-grade, brownish-black coal. Both fuels are abundant and widely used for their energy content. However, they also contribute to air pollution and greenhouse gas emissions.
Related news:
CCI imposes a penalty on CIL
Source: TH
The Competition Commission of India (CCI) imposed a penalty of ₹591 crores on Coal India Ltd (CIL), a public sector undertaking, for unfair and discriminatory conditions in fuel supply agreements with power producers. CIL was found to be supplying lower-quality coal at higher prices and imposing opaque conditions in the contracts. Previously, Supreme Court ruled that CIL cannot be exempted from the Competition Act, emphasizing the need for fair competition and non-discrimination. The judgment reaffirms the principle of competitive neutrality, applying antitrust laws equally to public and private sector enterprises.
