India produces 86 noteworthy minerals, contributing around 2.5% to India's GDP. As indicated by Economic Survey 2010-11, mining and quarrying developed at around 6% in 2010-11 contrasted and a development of 1.3% in 2008-09. Indian mining industry is described by countless operational mines.
India is the third biggest maker of coal on the planet. Interest for the Coal is relied upon to increment to 730 Million MT p.a. by 2011-12. This segment is relied upon to become quickly, determined by the expanding crevice between force free market activity because of fast monetary development. Be that as it may, the current opened coal pieces can fulfill just 54% of power era. So generally speaking, Rs. 70,000 Crores of Investment Opportunities are accessible in Coal mining in next 5 years.
LPBindia centered in the Tenders for Mine Developer cum Operator (MDO) for Open Cast Projects for expulsion of Overburden and Extraction of Coal/Lignite from Mines in India. The exercises in the said chief was begun ahead of schedule following 1997-98 and caught its pace with coal squares open doors in 2009 because of presentation of an aggressive offering process for allotting coal obstructs for hostage mining and foundation of Coal Regulatory Authority to make a level playing field in the coal part.