12 months ago
Govt. to Launch Financing Framework for Reused Mines
The government is launching a plan called ARTHA to help reuse old coal mines.
This plan provides money for projects that give these old mines a new purpose, like turning them into parks or other useful spaces.
They are going to announce this plan at an awards ceremony in Mumbai that recognizes good work in the coal and lignite mining industry.
Important people like ministers and coal industry leaders will be at the event.
Also, a guide for closing mines responsibly will be released.
The government will launch the ARTHA framework on Thursday.
ARTHA aims to finance the repurposing of de-coaled mines.
The launch will occur at the Star Rating Awards Ceremony.
The event is in Mumbai.
A guide for sustainable mine closure will also be released.
- Who
- Government
- What
- Launching the ARTHA framework
- Where
- Mumbai
- When
- Thursday
- Why
- To facilitate the reuse of de-coaled mines.
Key facts
- Event
- Star Rating Awards Ceremony for Coal and Lignite Mines
- Framework Name
- ARTHA
- Purpose of ARTHA
- Green financing for repurposing de-coaled mines
- Date
- Thursday
- Location
- Mumbai
- Attendees
- Union Ministers G Kishan Reddy and Satish Chandra Dubey, senior officials, coal PSUs, industry stakeholders
- Additional Release
- Comprehensive guide for sustainable mine closure
Quotes
The coal ministry
An official government body
“The occasion will mark the release of ARTHA, a green financing framework for repurposing de-coaled mines.”
thehindubusinessline.com
