In order to attract more bidders , the coal ministry is also looking at providing certain relaxations.
The Piparwar - McCluskieganj railway project was scheduled to be operational in 1998. The Jharkhand government has played a pro-active role and extended all support in completing this project, the release said.
The increase in supply comes at a time when demand of coal by the power sector has picked up on back of economy doing well.
The country is the world's third-biggest producer and importer of the fuel, and with coal accounting for about 70 percent of India's power generation, the government wants to boost domestic output to cut imports.
The coal ministry will very soon seek Cabinet approval for a proposed policy that will ensure surplus availability of coal for power plants across the country, a top official said today.
Output at Coal India Ltd's Lalmatia mine could fall by about 30 percent this month after 18 miners were killed in an accident there, a senior company official told Reuters.
The miner is expected to achieve its 2016/17 production target of 575 million tonnes and aims to raise output to 1 billion tonnes by 2020, Susheel Kumar told television news channel CNBC-TV18 in an interview.
Speaking to CNBC-TV18 Susheel Kumar, Coal Secretary, said the offtake while being flat in the first three quarters of this fiscal year, November and December were good.
Coal Secretary Anil Swarup was appointed School Education Secretary as part of a top-level bureaucratic reshuffle effected today.
India on Monday said investment flows -- which can have green benefits -- cannot be treated as climate finance, that should ideally come from public funding or there should be a subvention for industries to adopt climate-friendly technologies.