Ministry of Coal initiates 10th round of commercial coal mine auctions
The Ministry of Coal has commenced the 10th round of commercial coal mine auctions, offering five mines on the first day with combined geological reserves of 2,630.77 million tonnes and a peak-rated capacity of 12 million tonnes per annum.
The fully explored New Patrapara South mine in Odisha was awarded to NLC India Limited. Partially explored mines in Madhya Pradesh, Jharkhand, and Odisha were allocated to Mineware Advisors, ACC Limited, Shreeji Nuravi, and JSW Energy Utkal, respectively.
These mines are projected to generate annual revenue of approximately Rs 11.07 billion and attract investments of around Rs 18 billion.