Revise coal royalty, Odisha tells Union

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By Our Correspondent

BHUBANESWAR: With delay of coal royalty revision, Odisha Government has urged the Union Coal Ministry to look into the issue. Odisha Chief Secretary Asit Tripathy has requested Union Secretary Coal Sumanta Choudhuri to intervene into it.

Odisha gets around Rs 1,100 to Rs 1,400 crore per annum from coal royalty and Odisha has taken up the issue of royalty revision with the Centre on several occasions in the past.Chief Minister Naveen Patnaik had asked the Centre to revise rate of royalty on coal from the present 14 per cent to 20 per cent.

The Union Coal Secretary said: “We have to balance the coal royalty revision and power tariff.”According to the existing provisions of the MMDR (amend) Act, the Centre should revise coal royalty in every three years. Therefore, it should have been done in 2015, a senior official said.

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