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Sunday, November 13, 2011

India and Australia discuss bilateral cooperation in coal sector

Sunday, 13 Nov 2011

India and Australia would further explore the possibilities to increase bilateral cooperation and collaboration in coal sector which will include transfer of technology for underground mining and facilitating invest in Indian coal sector.

This was decided in a meeting held between Mr Sriprakash Jaiswal minister of coal and Australian Minister for Resources and Energy and Minister for Tourism, Mr Martin Ferguson recently.

During discussion both the countries decided to have meeting of joint coal task force in December this year to review the bilateral cooperation in identified areas under the action plan signed between the countries in May this year.

It was felt that there is a big scope to strengthen cooperation in the area of coal technology reducing emission, rehabilitation of abandoned coal mines, and extraction of deep seated coal resources and to facilitate investment in coal mining areas.

India and Australia have signed the Coal Action Plan 2011-14 and setup a joint task force to strengthen cooperation in coal sector.

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