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Coal
Coal is a fossil fuel. It is a combustible, sedimentary, organic rock, which is composed mainly of carbon, hydrogen and oxygen. It is formed from vegetation, which has been consolidated between other rock strata and altered by the combined effects of pressure and heat over millions of years to form coal seams.
The coal deposits in India are primarily concentrated in the Gondwana sediments occurring mainly in the eastern and central parts of Peninsular India, although Gondwana coal deposits also occur in the north-eastern part of the country mainly in Assam and Sikkim. The Tertiary coal-bearing sediments are found in Assam, Arunachal Pradesh, Nagaland and Meghalaya.
As of now there is no coal mine in Bihar, but coal block has been allocated to BCCL (subsidiary of CIL) in Bhagalpur and process has been initiated to start the mine but it will take up to 2–3 years to start the coal production.
Coal consumers in the state are dependent on coal suppliers of other states. In order to eliminate dependency on handling agents, the Company has signed an Agreement with a Project Management Consultant (PMC) to facilitate coal e-distribution in the state.
With the help of PMC, digitization of coal distribution will benefit MSMEs and other consumers significantly, making the process transparent and efficient. The platform developed by PMC will make it easy for the Company to manage coal distribution and eliminate dependency on handling agents.