Coal India Limited (CIL) has been offered the freedom to pass mine closure costs on to consumers, but it has not taken any such step yet.
CIL may consider levying an additional fee on a per tonne basis to be paid by the coal consumers to meet the cost of mine closure with the approval of the board and to provide funding for those subsidiaries which are not able to fund the closure of these mines. CIL has created a provision of Rs 72.38 billion as on March 2022 and incurred Rs 4.94 billion on mine closure during 2021-22.