Amid severe fuel shortages, the Coal Ministry has sought central assistance of Rs 544 crore to augment output in FY’13 and said the three PSUs under its control have proposed investments worth Rs 14,683 crore to enhance production and make acquisitions overseas.
Coal Minister Sriprakash Jaiswal sought Rs 544 crore gross budgetary support (GBS) for 2012-13 Plan allocation for six central schemes to augment production in pre-Budget consultations with Finance Minister Pranab Mukherjee, a top Coal Ministry official said.
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