State-owned entities will have to pay up to Rs 150 per tonne of extracted coal as royalty and monthly payments in addition to the upfront amount, the government said as it kick-started the allocation process for 36 mines to PSUs. Besides, they will not be permitted to use the coal extracted from mines for any purpose other than utilization for Specified End Use, the government said in its allotment document.
It also said that obtaining all clearances, land acquisition, rehabilitation, financing, development, mining and the operation and maintenance of the mine will fall in the domain of the allottees. Listing the blocks for allocation which include Parsa East, Kanta Basant and Chattibariatu, the government said that ´the allottee shall be required to pay the upfront amount in three instalments´.
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