The authorities can provide state support for another 20 coal companies n

The government subcommittee on financial state support is discussing assistance to 20 more coal companies. This is evidenced by the updated government program for the development of the coal industry until 2050.

At the meetings of the subcommittee, the materials of 11 organizations of the coal industry (which include 44 enterprises) were considered, relevant decisions were taken. In the queue for consideration are the materials of 20 organizations of the coal industry (26 enterprises), — stated in the document.

The publication also reports that several companies were provided with individual support measures in the form of installments for payments. Among them are South Kuzbass, Yakutugol, Power of Siberia coal company, Gornyak-95, Rodina fuel and energy complex and Vorkutaugol. The installments helped organizations to save working capital, prevent bankruptcy and save more than 15 billion rubles on interest on loans, the document says.

In the spring of 2025, the Russian government approved general measures to support the coal industry until February 28, 2026. Among them is the postponement of MET and insurance premiums, targeted subsidies for logistics, as well as discounts to the coal export tariff for Siberian companies. Then the measures were extended until April 30, 2026.