As on FY 2013 India’s coal resources stood at 293 billion tonnes of which, only 118 billion tonnes are under proved category which can be mined. It is anticipated according to the Working Group of Coal and Lignite for the 12th Five Year Plan that the country’s production in 2016-17, terminal year the plan will be 715 MT and the demand 980.50 MT. The PPP model is gaining popularity in this sector and a number of leading State Government mining companies like Madhya Pradesh State Mining Corporation (MPSMC),Maharashtra State Mining Corporation (MSMC) have successfully adopted the PPP model for fast tracking development of coal blocks allotted to them through the Government dispensation route.