Section 20
Power of Central Government to approve certain arrangements.
The Coal Mines (Special Provisions) Act, 2015
About this Act
An Act to provide for allocation of coal mines and vesting of the right, title and interest in and over the land and mine infrastructure together with mining leases to successful bidders and allottees with a view to ensure continuity in coal mining operations and production of coal, and for promoting optimum utilisation of coal resources consistent with the requirement of the country in national interest and for matters connected therewith or incidental thereto.
(1) 1[A successful bidder
or allottee shall], with the prior approval of the Central Government and in accordance with such rules as
may be prescribed, be entitled to enter into certain agreements or arrangements with other successful
bidder or allottee or coal linkage holder, as the case may be, for optimum utilisation of coal mine for the
same end-uses in the public interest and to achieve cost efficiencies.
2[(2) A successful bidder or allottee may also use the coal mine from a particular Schedule I coal mine, in any of its plants or plant of its subsidiary or holding company engaged in same specified enduses in such manner as may be prescribed.]
2[(2) A successful bidder or allottee may also use the coal mine from a particular Schedule I coal mine, in any of its plants or plant of its subsidiary or holding company engaged in same specified enduses in such manner as may be prescribed.]
Notes
1. Subs. by Act 2 of 2020, s. 15, for “A successful bidder or allottee or coal linkage holder shall” (w.e.f. 10-1-2020).
2. Subs. by s. 15, ibid., for sub-section (2) (w.e.f. 10-1-2020).
2. Subs. by s. 15, ibid., for sub-section (2) (w.e.f. 10-1-2020).