Over the past fortnight, the government found a receptive audience for the coal blocks
that it had decided to make available to the private sector. Of the 38 coal blocks
that were put on the block, 19 have been auctioned. Under the new rules, a wide variety of private players were able to express interest, given that those with no prior experience were allowed to commercially sell coal, beyond setting up captive mines as an input into a specific plant or business. As private sector participation is being increased in the mining space, our lead editorial argues
that it is critical to have a proper regulator for this sector.