Coal Highlights : Government to invest ₹ 1 lakh crore in Coal Production To reduce the import of Coal 70 - 80 % of country's electricity is generated using coal. U nion Minister Pralhad Joshi on Saturday announced that government is going to invest ₹ 1 lakh crore in the next 3 - 4 years to increase country's coal production. So that it will help to reduce the dependency on other countries to import coal. Currently 70 - 80 % of country's electricity is generated using the coal. He said that the Coal India Limited CIL has been given the specific target of one billion tonnes of Production by 2023-24 and for that 60 new coal blocks have been allotted to it. Joshi said that in the next one month, the government would announce the auction of 50-60 % of the mines of other minerals.
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