Government Reaffirms Public Ownership of Singareni Collieries

The Indian government has stated there are no plans to privatise Singareni Collieries Company in Telangana. Owned jointly by the state and union governments, the coal mining firm has significant geological reserves and employs about 42,000 people. Efforts will be made to strengthen the company.

The government has announced that there are no plans to privatise Singareni Collieries Company in Telangana, according to Coal and Mines Minister G Kishan Reddy on Wednesday.

The coal mining company is a joint venture between the Telangana and Union governments, with reserves stretching across 350 kilometers of the Pranahita-Godavari Valley in Telangana.

During a session in the Lok Sabha, Minister Reddy addressed concerns raised by Congress member Vamsi Krishna Gaddam, confirming that the government is committed to not privatising the company and is looking to strengthen its operations.

(With inputs from agencies.)