Coal mine fatalities in China dropped almost 87% to 931 last year from more than 7000 casualties registered in the sector in 2002.
Coal - 20 March 2015
China Shenhua Energy has posted a 19.4% fall in 2014 net profit citing a supply glut and slower demand growth that hurt prices.
China's smog-hit capital Beijing has shut down the third of its four coal-fired power plants as part of its campaign to cut pollution.
Modi had gained approval for swiftly responding to a Supreme Court decision invalidating the allocation of coal blocks to private companies.
The jointly owned coal-mining venture expects all of its operations to be profitable by the end of the year after cost savings and productivity measures.
Japanese utilities are seeking a steeper discount on next year's thermal coal price contracts than the 15% foreign mining companies are willing to accept.